Seller's Agent in 2026
Daniel Sipher
Landmark Multifamily and Development
(408) 368-5225
11 in this area
43 Total Sales
5236 E Falls View Dr San Diego, CA 92115
College East Neighborhood
5
Beds
3
Baths
2,375
Sq Ft
1982
Built
Highlights
- 2 Car Attached Garage
- 1-Story Property
- 1-minute walk to College Area Community Garden
- Hardy Elementary School Rated A-
About This Home
As of February 2026Input for comp purposes only. Sold prior to being put on MLS. High-performing SFR in the College Area generating approximately $9,000/month in in-place income on a 9,600 SF lot. The property offers strong current cash flow with clear value in the underlying land and long-term development upside in a high-demand rental market. Well-suited for value-add investors seeking income today with future repositioning or redevelopment potential, as well as long-term hold buyers focused on appreciation and rental stability.
Last Agent to Sell the Property
Landmark Multifamily and Development License #02043589 Listed on: 01/01/2026
Last Buyer's Agent
Landmark Multifamily and Development License #02043589 Listed on: 01/01/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1982
Parking
- 2 Car Attached Garage
Home Design
- Stucco
Interior Spaces
- 5 Bedrooms
- 2,375 Sq Ft Home
- 1-Story Property
- Built-In Range
Community Details
- College Park Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2026
Closed on
Jan 21, 2026
Sold by
Khalafi Habib
Bought by
Blum Family Trust and Blum
Seller's Agent
Daniel Sipher
Landmark Multifamily and Development
Buyer's Agent
Daniel Sipher
Landmark Multifamily and Development
List Price
$1,415,000
Sold Price
$1,415,000
Views
1
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-87.50%
Original Mortgage
$962,000
Outstanding Balance
$962,000
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$236,174
Purchase Details
Closed on
Jul 27, 1999
Sold by
Wonsetler Thomas R and Wonsetler Myrna L
Bought by
Khalafi Habib
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
7.56%
Purchase Details
Closed on
Jun 16, 1997
Sold by
Iris Mauris and Mauris John
Bought by
Wonsetler Thomas Ray and Wonsetler Myrna Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.93%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,480,000 | Fidelity National Title | |
| Grant Deed | $169,500 | Fidelity National Title | |
| Grant Deed | -- | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $962,000 | New Conventional | |
| Previous Owner | $169,500 | No Value Available | |
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/03/2026 02/03/26 | Sold | $1,415,000 | 0.0% | $596 / Sq Ft |
| 01/12/2026 01/12/26 | Pending | -- | -- | -- |
| 01/01/2026 01/01/26 | For Sale | $1,415,000 | -- | $596 / Sq Ft |
Source: San Diego MLS
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $5,213 | $430,052 | $158,566 | $271,486 |
| 2024 | $5,213 | $421,620 | $155,457 | $266,163 |
| 2023 | $5,098 | $413,354 | $152,409 | $260,945 |
| 2022 | $4,962 | $405,250 | $149,421 | $255,829 |
| 2021 | $4,928 | $397,305 | $146,492 | $250,813 |
| 2020 | $4,869 | $393,232 | $144,990 | $248,242 |
| 2019 | $4,782 | $385,523 | $142,148 | $243,375 |
| 2018 | $2,639 | $228,945 | $139,361 | $89,584 |
| 2017 | $80 | $224,457 | $136,629 | $87,828 |
| 2016 | $2,531 | $220,056 | $133,950 | $86,106 |
| 2015 | $2,493 | $216,751 | $131,938 | $84,813 |
| 2014 | $2,453 | $212,506 | $129,354 | $83,152 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Sipher
Map
Source: San Diego MLS
MLS Number: 260003196
APN: 467-041-02
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