NOT LISTED FOR SALE
3 Beds
2 Baths
7,284 Sq Ft
-- Built

Last Sold September 29, 2021

Last sale price $3,745,000 $514 Per Sq Ft

20 Days on Market

Highlights

  • Landscaped
  • Partially Fenced Property
  • 2-minute walk to Teeple Park

About This Home

As of September 2021

10 Prime, Luxury, Major Renovation, Coastal Units. Great Mix of 5 - 2Br,1Ba and 5 - 1Br,1Ba Units. Pride of Ownership. Close Proximity to Pacific Ocean and Beach. Walking distance to Bayshore Bikepath to Coronado. One of the Finest Apartment Buildings available. See attached Marketing Package for more details. Priced to Sell at Current GRM of 15.4 and Actual 4.95 CAP Rate. Brand New Roof 2020, Balconies and Patio Yards. Must See OM for vast list of exterior and interior improvements.

Last Agent to Sell the Property

Joseph Siemienowski

Siemienowski & Associates License #00831832 Listed on: 05/10/2021

Last Buyer's Agent

Vic Minassian

Great Source Realty Corp. License #01395173

Property Details

Home Type

  • Multi-Family

Lot Details

  • Partially Fenced Property
  • Wood Fence
  • Landscaped

Home Design

Interior Spaces

  • 3 Bedrooms
  • 7,284 Sq Ft Home
  • 2-Story Property

Parking

  • 16 Parking Spaces
  • Parking Available

Additional Features

  • Number of ADU Units: 5
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $19,925

Community Details

Overview

  • 10 Units

Building Details

  • 10 Leased Units
  • Operating Expense $77,665

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • Lot Size: 12260
  • CapRate: 4.29
  • Co List Office Mls Id: 62167
  • Directions: Head South on I-5, Exit CA-75/Palm Ave. Right on 11th. Subject property is on the Left side.
  • Living Area: 7284.0
  • Structure Type: Apartment, Other/Remarks
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-18T08:26:29Z
  • FullAddress: 584 11th
  • NumofLeasedApartments: 10
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Flooring: Other/Remarks

Exterior Features

  • Roof: Other/Remarks
  • Construction Type: Cable Available, Fully Landscaped, Metal Fence, Part Fenced, Wood Fence, Remarks

Garage/Parking

  • Parking Features: Spaces, Other/Remarks
  • Total Parking Spaces: 16.0

Utilities

  • Cooling: Other
  • Heating: Wall
  • Laundry Features: Leased

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 10
  • Annual Operating Expense: 77665.0
  • Total Actual Rent: 19925.0
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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
03/05/2025 03/05/25 Off Market -- -- --
11/13/2024 11/13/24 For Rent -- -- --
11/04/2024 11/04/24 Off Market -- -- --
07/25/2024 07/25/24 For Rent -- -- --
09/29/2021 09/29/21 Sold $3,745,000 0.0% $514 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
05/17/2021 05/17/21 Off Market $3,745,000 -- --
05/11/2021 05/11/21 For Sale $3,695,000 -- $507 / 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 $49,484 $3,974,223 $2,913,015 $1,061,208
2024 $49,484 $3,896,298 $2,855,898 $1,040,400
2023 $49,314 $3,819,900 $2,799,900 $1,020,000
2022 $46,582 $3,745,000 $2,745,000 $1,000,000
2021 $42,459 $3,460,483 $2,273,310 $1,187,173
2020 $27,050 $2,221,254 $1,232,874 $988,380
2019 $26,018 $2,177,700 $1,208,700 $969,000
2018 $27,538 $2,135,000 $1,185,000 $950,000
2017 $23,059 $1,683,000 $918,000 $765,000
2016 $16,367 $1,222,275 $624,141 $598,134
2015 $16,446 $1,203,916 $614,766 $589,150
2014 $16,215 $1,180,334 $602,724 $577,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210012489

San Diego MLS

APN: 626-152-15-00

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