NOT LISTED FOR SALE
6 Beds
3 Baths
2,136 Sq Ft
7,545 Sq Ft Lot

Sale Details

Date Sold: December 13, 2019

Last sale price $760,000 $356 Per Sq Ft

102 Days on Market

About This Home

As of December 2019

Amazing two homes on one lot in the quiet Dolphin Bay neighborhood of Imperial Beach. Steps away from the Bayshore Bikeway where you can run, walk or ride your bike to Coronado. You are also only blocks away from the beach and all the restaurants that it has to offer on Seacoast Dr. Home has vaulted ceilings, quartz counters, nice tile and fixtures. Don't miss out on the perfectly located property and while the Imperial Beach community continues to develop. Neighborhoods: Imperial Beach Other Fees: 0 Unit # for Unit 1: 522 Unit # for Unit 2: 524 Number of Furnished Units: 0

Last Agent to Sell the Property

Eliel Guerrero

Millennium Financial & Realty License #01362897 Listed on: 07/31/2019

Last Buyer's Agent

Dirk Cahaan

Eclipse Realty License #01917414

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,545

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Additional Features

  • 1-Story Property
  • 7,545 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 6261012900

Community Details

Overview

  • 2 Units
  • nk

Building Details

  • Net Operating Income $46,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

7,545 Sq Ft Lot

Listing Details

  • CapRate: 4.50
  • Park Name: nk
  • Subdivision Name Other: Imperial Beach
  • Zoning: R-1:SINGLE
  • Property Type: Residential Income
  • Parcel Number: 6261012900
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Levels: One

Exterior Features

  • Roof: Composition

Lot Info

  • Lot Size Sq Ft: 7545.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 55000.00
  • Lot Size Area: 7545.0000 Square Feet
  • Net Operating Income: 46500.00
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Nov 27, 2019
Sold by
Bought by
Seller's Agent
Eliel Guerrero
Millennium Financial & Realty
Buyer's Agent
Dirk Cahaan
Eclipse Realty
List Price
$845,000
Sold Price
$760,000
Premium/Discount to List
-$85,000
-10.06%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,750
Interest Rate
3.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 1984
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$760,000 Lawyers Title
$345,000 First American Title Company
$272,500 First American Title
-- None Available
-- Ticor Title Co Fullerton
-- Commonwealth Land Title Co
$94,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $114,344
Previous Owner $330,000
Previous Owner $327,750
Previous Owner $5,000,000
Previous Owner $200,000
Previous Owner $459,000
Previous Owner $345,800
Previous Owner $171,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $760,000 -10.1% $356 / Sq Ft
11/10/2019 11/10/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $845,000 -- $396 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $11,256 $847,786 $423,893 $423,893
2025 $10,768 $831,164 $415,582 $415,582
2024 $10,768 $814,868 $407,434 $407,434
2023 $11,005 $798,892 $399,446 $399,446
2022 $10,697 $783,228 $391,614 $391,614
2021 $10,433 $767,872 $383,936 $383,936
2020 $9,568 $760,000 $380,000 $380,000
2019 $5,374 $388,458 $194,229 $194,229
2018 $5,519 $380,842 $190,421 $190,421
2017 $5,690 $373,376 $186,688 $186,688
2016 $5,245 $366,056 $183,028 $183,028
2015 $5,075 $360,558 $180,279 $180,279
2014 $4,935 $353,496 $176,748 $176,748
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190042260

California Regional Multiple Listing Service (CRMLS)

APN: 626-101-29-00

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