NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: February 1, 2024

Last sale price $700,000 $0 Per Sq Ft

8 Days on Market

About This Home

As of February 2024

The four unit property located at 623-625 19th Street is a golden opportunity for savvy investors seeking a high return on investment. The property consists of a 2 bedroom / 1 bathroom apartment, two 1 bedroom / 1 bathroom apartments and a studio apartment. All units are currently on month-to-month leases and have significant rental upside. With its prime location and strong rental demand, this property promises to deliver impressive cash flow and long-term appreciation. This opportunity is the lowest priced 4plex available in San Diego County! The building offers significant rental upside potential as well...Don't miss out on the chance to maximize your profits and build wealth with this exceptional investment opportunity. *Can be purchased with adjacent 12 unit property - Inquire with Listing Agent.

Last Agent to Sell the Property

Josh Browar

The Browar Group License #01824454 Listed on: 01/10/2024

Last Buyer's Agent

Ricardo Lopez

ACI Apartments License #01936528

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • Property is Fully Fenced

Home Design

  • Stucco Exterior

Community Details

  • 4 Units
  • Net Operating Income $28,981

Listing and Financial Details

  • Assessor Parcel Number 535-190-03-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Market Street
  • Neighborhood: Sherman Heights
  • LP / Sq Ft: 18.05
  • Sale Price List Price: 0.67
  • Year Built: 1926
  • 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

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 535-190-03-00

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 28981
  • Gross Rent Multiplier Actual: 17.4
  • Gross Rent Multiplier Projected: 11.6
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/01/2024 02/01/24 Sold $700,000 -33.0% --
01/19/2024 01/19/24 Pending -- -- --
01/10/2024 01/10/24 For Sale $1,045,000 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,076 $714,000 $336,600 $377,400
2024 $3,076 $247,532 $150,678 $96,854
2023 $3,007 $242,679 $147,724 $94,955
2022 $2,927 $237,922 $144,828 $93,094
2021 $2,908 $233,258 $141,989 $91,269
2020 $2,873 $230,868 $140,534 $90,334
2019 $2,822 $226,342 $137,779 $88,563
2018 $2,639 $221,905 $135,078 $86,827
2017 $80 $217,555 $132,430 $85,125
2016 $2,535 $213,290 $129,834 $83,456
2015 $2,497 $210,087 $127,884 $82,203
2014 $2,459 $205,972 $125,379 $80,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240000752

San Diego MLS

APN: 535-190-03-00

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