5560 Kearny Mesa Rd San Diego, CA 92111
Kearny Mesa NeighborhoodEstimated payment $35,700/month
About This Lot
** SIGNIFICANT PRICE REDUCTION &HIGHLY MOTIVATED SELLER** I am excided to present a fantastic investment opportunity for a Investor or/and a Developer at 5560 Kearny Mesa Road. This property is located in the heart of Clairmont Re-Development Corridor. Property is currently under a substantial Triple Net lease contract with a High Brand Tenant offering a Cap of 9% return on Investment. This property is located near the newly Multi Residential Development. Suitable for Senior Assisted Living Development or Multi Residential projects
Listing Agent
Siamak T. Rahmani, Broker License #01027325 Listed on: 12/10/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,705
Lot Details
- 0.89 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 356-030-39-00
Map
Home Values in the Area
Average Home Value in this Area
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 | $18,103 | $1,502,303 | $1,472,261 | $30,042 |
| 2024 | $18,103 | $1,472,847 | $1,443,394 | $29,453 |
| 2023 | $17,705 | $1,443,969 | $1,415,093 | $28,876 |
| 2022 | $17,235 | $1,415,657 | $1,387,347 | $28,310 |
| 2021 | $17,117 | $1,387,900 | $1,360,145 | $27,755 |
| 2020 | $16,909 | $1,373,670 | $1,346,199 | $27,471 |
| 2019 | $16,607 | $1,346,736 | $1,319,803 | $26,933 |
| 2018 | $15,524 | $1,320,330 | $1,293,925 | $26,405 |
| 2017 | $15,155 | $1,294,442 | $1,268,554 | $25,888 |
| 2016 | $14,917 | $1,269,062 | $1,243,681 | $25,381 |
| 2015 | $16,169 | $1,375,392 | $1,358,778 | $16,614 |
| 2014 | $14,002 | $1,186,406 | $1,186,406 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2025 04/28/25 | Price Changed | $6,500,000 | -10.1% | -- |
| 12/10/2024 12/10/24 | For Sale | $7,229,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,250,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $750,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $687,500 | Commercial |
Source: San Diego MLS
MLS Number: 240028218
APN: 356-030-39
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