NOT LISTED FOR SALE

5603 Alleghany St San Diego, CA 92139

Paradise Hills Neighborhood

Estimated Value: $741,000 - $838,458

4 Beds
2 Baths
1,574 Sq Ft
$501/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $722,000 $459 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,040/month

2 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • 1-Story Property

About This Home

As of November 2023

Dream Opportunity! Appraised at 760K! Live in one unit- lease out the other! Duplex w/two bed/1 bath units, lots of on-site parking, and a detached two car garage situated on nice size lot w/possible room for an ADU. Needs some rehab and TLC. Will not last! PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

shelly bird

S.A.B. Real Estate Investments License #01445732 Listed on: 10/05/2023

Last Buyer's Agent

Addie Jacobs

Rise Realty License #02058045

Rise Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,902

Year Built

  • Built in 1944

Lot Details

  • Property is Fully Fenced
  • Level Lot

Home Design

  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 587-031-08-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Paradise Hills Community

Building Details

  • Net Operating Income $18,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,902

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Euclid Avenue
  • Neighborhood: Paradise Hills
  • LP / Sq Ft: 19.13
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1944
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: Paradise Hills
  • Community: PARADISE HILLS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Zoning: R-2
  • Assessor Parcel Number: 587-031-08-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 18900
  • Annual Expense Actual: 6300
  • Annual Expense Projected: 12200
  • Gross Rent Multiplier Actual: 27.78
  • Gross Rent Multiplier Projected: 13.89
  • Gross Sched Income Actual: 25200
  • Gross Sched Income Projected: 50400
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Oct 27, 2023
Sold by
Capossere Family Trust
Bought by
Starboard Alleghany 1 Llc and Starboard Alleghany 2 Llc
Seller's Agent
shelly bird
S.A.B. Real Estate Investments
Buyer's Agent
Addie Jacobs
Rise Realty
List Price
$700,000
Sold Price
$722,000
Premium/Discount to List
$22,000
3.14%
Views
108
Current Estimated Value
$788,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,865
Avg. Annual Appreciation
2.79%
Original Mortgage
$414,000
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1999
Sold by
Capossere Emmett J
Bought by
Capossere Emmett Joseph

Purchase Details

Closed on
May 1, 1998
Sold by
Emmett Capossere
Bought by
Capossere Emmett Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
7.05%

Purchase Details

Closed on
Dec 20, 1996
Sold by
Emmett Capossere
Bought by
Capossere Emmett Joseph
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Starboard Alleghany 1 Llc $722,000 Chicago Title
Capossere Emmett Joseph -- --
Capossere Emmett Joseph -- Commonwealth Land Title Co
Capossere Emmett Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Starboard Alleghany 1 Llc $1,900,000
Closed Starboard Alleghany 1 Llc $414,000
Previous Owner Mattingly Joseph P $263,415
Previous Owner Capossere Emmett Joseph $145,000
Previous Owner Capossere Emmett Joseph $99,000
Previous Owner Capossere Emmett Joseph $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2023 11/07/23 Sold $722,000 +3.1% $459 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $700,000 -- $445 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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 $8,902 $736,440 $614,040 $122,400
2024 $8,902 $722,000 $602,000 $120,000
2023 $1,999 $160,413 $80,647 $79,766
2022 $1,946 $157,268 $79,066 $78,202
2021 $1,933 $154,185 $77,516 $76,669
2020 $1,910 $152,605 $76,722 $75,883
2019 $1,877 $149,614 $75,218 $74,396
2018 $1,756 $146,682 $73,744 $72,938
2017 $1,714 $143,807 $72,299 $71,508
2016 $1,685 $140,988 $70,882 $70,106
2015 $1,661 $138,871 $69,818 $69,053
2014 $1,636 $136,152 $68,451 $67,701
Source: Public Records

Agents Affiliated with this Home

  • s

    Seller's Agent in 2023

    shelly bird

    S.A.B. Real Estate Investments

    (858) 829-2322

    1 in this area

    11 Total Sales

    shelly bird
    Section Image
  • Addie Jacobs

    Buyer's Agent in 2023

    Addie Jacobs

    Rise Realty

    (619) 818-6976

    1 in this area

    51 Total Sales

    Addie Jacobs
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230019640

San Diego MLS

APN: 587-031-08

California San Diego County San Diego 92139 Paradise Hills

5603 Alleghany St, San Diego, CA

This home is located at 5603 Alleghany St, San Diego, CA 92139 since 05 October 2023 and is currently estimated at $788,865, approximately $501 per square foot. This property was built in 1944. 5603 Alleghany St is a home located in San Diego County with nearby schools including Paradise Hills Elementary School, Bell Middle School, and Morse High School.

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