$625,000
SOLD NOV 18, 2024
4 Beds
2 Baths
-- Sq Ft
6,300 Sq Ft Lot

Recently Sold

4% Above List Price

6 Days on Market

About This Home

As of November 2024

Don’t miss out on this incredible opportunity to own a 2 on 1 property with a large lot and endless potential. The front features a 3BR/1BA unit and the rear features a 2BR/1BA unit. With some TLC, this property could shine, offering the possibility to add an ADU and/or Jr. ADU. Conveniently located near major freeways, community center, schools, and shopping.

Last Agent to Sell the Property

Seth Watje

Starker West, Inc. License #01805453 Listed on: 09/05/2024

Co-Listed By

Adam Cairo

Starker West, Inc. License #01948040

Last Buyer's Agent

Adam Cairo

Starker West, Inc. License #01948040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1950

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • 6,300 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $18,466

Listing and Financial Details

  • Assessor Parcel Number 546-051-20-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,640

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Market St
  • Neighborhood: Mount Hope
  • Stories: 1 Story
  • Sale Price List Price: 1.04
  • Total Stories: 1
  • Year Built: 1950
  • 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: Wood/Stucco
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: A

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 546-051-20-00
  • Estimated Lot Sq Ft: 6300
  • Estimated Number of Acres: 0.15
  • Map Code Column: G
  • Map Code Page: 1289
  • Map Code Row: 3

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 18466
  • Annual Expense Actual: 13288
  • Gross Rent Multiplier Actual: 18.3
  • Gross Sched Income Actual: 32736
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Nov 3, 2024
Sold by
Kg2 Llc
Bought by
Jb Roberts Inc
Seller's Agent
Seth Watje
Starker West, Inc.
Buyer's Agent
Adam Cairo
Starker West, Inc.
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.92%
Original Mortgage
$646,100
Outstanding Balance
$640,981
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$83,711

Purchase Details

Closed on
Feb 23, 2009
Sold by
Wheeler Bryce C
Bought by
Wheeler Yolanda

Purchase Details

Closed on
Feb 13, 2009
Sold by
Us Bank National Association
Bought by
Kg2 Llc

Purchase Details

Closed on
Nov 10, 2008
Sold by
Palma Marco A
Bought by
Downey Savings & Loan Association Fa

Purchase Details

Closed on
Apr 14, 2005
Sold by
Palma Marco A
Bought by
Palma Marco A and Pichardo Rosa Maria

Purchase Details

Closed on
Oct 28, 2004
Sold by
Bransen Lp
Bought by
Palma Marco A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,100
Interest Rate
5.86%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 4, 2004
Sold by
Ralph Billie Faye
Bought by
Bransen Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 1995
Sold by
Saddler Billie F and Ralph Billie Faye
Bought by
Ralph Billie Faye
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $625,000 Chicago Title
Grant Deed $625,000 Chicago Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $105,000 Lawyers Title-Sd
Trustee Deed $120,000 Landamerica
Interfamily Deed Transfer -- --
Grant Deed $369,000 Chicago Title Co
Grant Deed $220,000 Chicago Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $646,100 New Conventional
Closed $646,100 New Conventional
Previous Owner $119,000 Commercial
Previous Owner $332,100 Negative Amortization
Previous Owner $230,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $849,995 0.0% $424 / Sq Ft
07/23/2025 07/23/25 For Sale $849,995 0.0% $424 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/27/2025 06/27/25 Price Changed $849,895 0.0% $424 / Sq Ft
06/19/2025 06/19/25 For Sale $849,995 +36.0% $424 / Sq Ft
11/18/2024 11/18/24 Sold $625,000 +4.3% --
09/12/2024 09/12/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $599,000 -- --
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 $1,640 $625,000 $550,000 $75,000
2024 $1,640 $130,656 $78,269 $52,387
2023 $1,603 $128,095 $76,735 $51,360
2022 $1,560 $125,584 $75,231 $50,353
2021 $1,550 $123,122 $73,756 $49,366
2020 $1,532 $121,860 $73,000 $48,860
2019 $1,505 $119,471 $71,569 $47,902
2018 $1,408 $117,129 $70,166 $46,963
2017 $1,375 $114,834 $68,791 $46,043
2016 $1,352 $112,584 $67,443 $45,141
2015 $1,332 $110,893 $66,430 $44,463
2014 $1,312 $108,722 $65,129 $43,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240021025

San Diego MLS

APN: 546-051-20