NOT LISTED FOR SALE

563 Emory St Imperial Beach, CA 91932

7 Beds
4 Baths
2,600 Sq Ft
7,841 Sq Ft Lot

Last Sold October 12, 2021

Last sale price $1,350,000 $519 Per Sq Ft

47 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 4-minute walk to Teeple Park
  • Trails
  • Property is Fully Fenced

About This Home

As of October 2021

BOM! Buyer decided to build a 2nd story on their current home instead of purchasing. This 3-unit property offers a detached 3/2 and a rear building with 2 2/1s. Each unit has its own 2 car garage and dedicated space. Front house and unit B have been remodeled recently. Stable rents but still room for some upside. This property can work as a buy and hold or a house hack for the savvy Military Investor. Solid tenants in place, zero issues through the lockdown. Walking trails and beach access just steps away! All currently Tenant occupied. All Month to Month.

Last Agent to Sell the Property

Donald Appleberry

Epique Realty License #02097422 Listed on: 07/06/2021

Epique Realty

Last Buyer's Agent

Jeremy Dentt

PROPR Real Estate Inc. License #01476724

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,678 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity
  • Assessor Parcel Number 626-151-22-00

Community Details

Overview

  • 3 Units
  • N/K Community

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $62,377

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

7,678 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: South Bay
  • Cross Street: Palm
  • Neighborhood: Imperial Beach
  • LP / Sq Ft: 17.61
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1980
  • 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

  • Cooling: Central Forced Air
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: N/K
  • Pets Allowed: Yes
  • Community: IMPERIAL BEACH
  • Complex Features: Biking/Hiking Trails, Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 626-151-22-00
  • Estimated Lot Sq Ft: 7678
  • Estimated Number of Acres: 0.18
  • Map Code Column: H
  • Map Code Page: 1329
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 62377
  • Gross Rent Multiplier Actual: 20.4
  • Gross Rent Multiplier Projected: 17.1
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3
  • Other Income Projected: 200.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2021 10/12/21 Sold $1,350,000 0.0% $519 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/16/2021 07/16/21 Price Changed $1,349,999 0.0% $519 / Sq Ft
07/16/2021 07/16/21 For Sale $1,350,000 0.0% $519 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,350,000 +35.0% $519 / Sq Ft
02/04/2021 02/04/21 For Sale $999,999 0.0% $392 / Sq Ft
01/14/2021 01/14/21 Sold $1,000,000 -- $392 / Sq Ft View Prior Sale
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 $17,746 $1,432,630 $1,061,208 $371,422
2024 $17,746 $1,404,540 $1,040,400 $364,140
2023 $17,735 $1,377,000 $1,020,000 $357,000
2022 $17,897 $1,350,000 $1,000,000 $350,000
2021 $11,042 $787,087 $326,078 $461,009
2020 $10,321 $779,017 $322,735 $456,282
2019 $10,906 $763,743 $316,407 $447,336
2018 $10,377 $748,768 $310,203 $438,565
2017 $140 $734,087 $304,121 $429,966
2016 $9,458 $719,694 $298,158 $421,536
2015 $9,815 $708,885 $293,680 $415,205
2014 $5,952 $368,543 $152,682 $215,861
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210018790

San Diego MLS
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