NOT LISTED FOR SALE

Estimated Value: $943,000 - $1,029,000

2 Beds
2 Baths
1,248 Sq Ft
$793/Sq Ft Est. Value

Last Sold January 31, 2014

Last sale price $440,000 $353 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $5,927/month

10 Days on Market

Highlights

  • 15,865 Sq Ft lot
  • 1-Story Property
  • Property is Fully Fenced

About This Home

As of January 2014

2 units on one lot with room for expansion. Live in one and rent the other, makes your monthly mortgage payment smaller. Add a couple of units on the large, flat back yard or just add to the existing units, and make them 2, 3 or more bedrooms plus bathrooms bigger. Extensively Remodelled in 2011, (built new from the studs on up). The canyon in the back of the property is a huge bonus and only adds to the magnificent views. Cash in on the superb location, near shopping, freeways and beaches. Taken down to the studs and almost completely remodeled, with permits, in 2011. Newer plumbing and electrical, sheet rock, cabinetry, floors, fixtures, heating, roof, exterior plaster, kitchen. Cherry cabinetry and stainless steel appliances, laminate flooring, tiled bathrooms. Large, on-canyon lot has potential for additional units. Buyer to verify.

Last Agent to Sell the Property

Miguel Bush

Ironwood Properties Inc. License #01226601 Listed on: 12/25/2013

Last Buyer's Agent

Steven Wener

eXp Realty of California, Inc. License #01874599

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,580

Year Built

  • 1965

Lot Details

  • 0.36 Acre Lot
  • Property is Fully Fenced

Parking

  • RV Potential

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $15,600

Listing and Financial Details

  • Tenant pays for pool/spa maint
  • Assessor Parcel Number 431-603-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,580

Year Built

1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Metro
  • Cross Street: Osler
  • Neighborhood: Linda Vista
  • Supplement: Taken down to the studs and almost completely remodeled, with permits, in 2011. Newer plumbing and electrical, sheet rock, cabinetry, floors, fixtures, heating, roof, exterior plaster, kitchen. Cherry cabinetry and stainless steel appliances, laminate flo
  • Stories: 1 Story
  • Sale Price List Price: 1.04
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Exterior Features

  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: LINDA VISTA

Lot Info

  • Lot Size: .25 to .5 AC
  • Water District: CITY OF SAN DIEGO
  • Zoning: 2-4
  • Assessor Parcel Number: 431-603-05-00
  • Land Use Code: resi
  • Estimated Lot Sq Ft: 15865

Rental Info

  • Tenant Pays: Pool/Spa Maint

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 15600
  • Annual Expense Actual: 8215
  • Annual Expense Projected: 8215
  • Gross Sched Income Actual: 24000
  • Gross Sched Income Projected: 26400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Range Oven: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2019
Sold by
Yu June
Bought by
June Yu Real Estate Llc
Current Estimated Value
$989,216

Purchase Details

Closed on
Oct 11, 2017
Sold by
June Yu Holdings Llc
Bought by
Yu June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$326,978
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$651,299

Purchase Details

Closed on
Jan 26, 2015
Sold by
Yu June
Bought by
June Yu Enterprises Llc

Purchase Details

Listed on
Dec 25, 2013
Closed on
Jan 8, 2014
Sold by
Johnston James K and Santos Jaime
Bought by
Yu June
Seller's Agent
Miguel Bush
Ironwood Properties Inc.
Buyer's Agent
Steven Wener
eXp Realty of California, Inc.
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$308,000
Interest Rate
4.45%
Mortgage Type
New Conventional
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
June Yu Real Estate Llc -- Calatlantic Title
Yu June -- North American Title Co Inc
June Yu Enterprises Llc -- None Available
Yu June $440,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu June $390,000
Closed Yu June $308,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $440,000 +3.5% $353 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $425,000 -- $341 / 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 $6,580 $539,370 $478,082 $61,288
2024 $6,580 $528,795 $468,708 $60,087
2023 $6,436 $518,427 $459,518 $58,909
2022 $6,263 $508,262 $450,508 $57,754
2021 $6,215 $498,297 $441,675 $56,622
2020 $6,135 $493,189 $437,147 $56,042
2019 $6,022 $483,520 $428,576 $54,944
2018 $5,633 $474,040 $420,173 $53,867
2017 $5,500 $464,746 $411,935 $52,811
2016 $5,407 $455,634 $403,858 $51,776
2015 $5,328 $448,791 $397,792 $50,999
2014 $1,049 $84,100 $22,027 $62,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130065287

San Diego MLS

APN: 431-603-05