$789,000

Estimated payment $4,999/month

Total Views 298
2 Beds
2 Baths
780 Sq Ft
$1,012 Price per Sq Ft

Highlights

  • Hot Property
  • Laundry Room
  • No Heating
  • No HOA
  • Level Lot
  • 1-Story Property

About This Home

Outstanding investment opportunity! This property offers two units for the price of one. The main house features 2 bedrooms and 1 bath, while the converted garage serves as a junior ADU. Additionally, there are completed plans ready for permit review to construct two more 1-bedroom, 1-bath units (approximately 600 square feet each) in the rear. Centrally located with easy freeway access, it’s just minutes from downtown and conveniently close to SDSU.

Listing Agent

Rafi Gorges

Realty Executives Dillon Brokerage Email: rafigorges@gmail.com License #01703837 Listed on: 07/30/2025

Realty Executives Dillon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,700

Year Built

  • Built in 1953

Lot Details

  • 6,100 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Property Attached

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 4736420800
  • Tax Tract Number 2831
  • Assessor Parcel Number 4736420800
  • $34 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • Rent Control
  • Insurance Expense $150
  • Trash Expense $100
  • New Taxes Expense $750
  • Operating Expense $1,000
  • Gross Income $4,600
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,700

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: Yes
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Type: Residential Income
  • Parcel Number: 4736420800
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 1011.54

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 100.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6100.00
  • Lot Size Acres: 0.1400

Multi Family

  • Gross Income: 4600.00
  • Gross Scheduled Income: 4600.00
  • Insurance Expense: 150.00
  • Lot Size Area: 6100.0000 Square Feet
  • Net Operating Income: 1000.00
  • Number Of Units Leased: 2
  • Operating Expense: 1000.00
  • Rent Control: Yes
  • Total Expenses: 1000.00

Tax Info

  • New Taxes Expense: 750.00
  • Tax Lot: 4736420800
  • Tax Tract Number: 002831
  • TaxOtherAnnualAssessmentAmount: 33.60

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,700 $711,003 $575,620 $135,383
2024 $7,700 $637,000 $515,000 $122,000
2023 $7,416 $619,000 $501,000 $118,000
2022 $2,191 $178,434 $144,458 $33,976
2021 $2,158 $174,936 $141,626 $33,310
2020 $2,139 $173,143 $140,174 $32,969
2019 $2,109 $169,749 $137,426 $32,323
2018 $2,064 $166,422 $134,732 $31,690
2017 $2,038 $163,160 $132,091 $31,069
2016 $1,971 $159,961 $129,501 $30,460
2015 $1,958 $157,559 $127,556 $30,003
2014 $1,878 $154,474 $125,058 $29,416
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $789,000 0.0% $1,012 / Sq Ft
07/30/2025 07/30/25 For Sale $789,000 0.0% $1,012 / Sq Ft
10/15/2022 10/15/22 Rented $3,100 +1.6% --
10/15/2022 10/15/22 Price Changed $3,050 -1.6% $4 / Sq Ft
10/09/2022 10/09/22 Price Changed $3,100 -1.6% $4 / Sq Ft
09/26/2022 09/26/22 Price Changed $3,150 -1.6% $4 / Sq Ft
09/12/2022 09/12/22 For Rent $3,200 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- Fidelity National Title
Grant Deed $670,000 Fidelity National Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- --
Deed $105,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Open $569,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $96,600 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505776

California Regional Multiple Listing Service (CRMLS)

APN: 473-642-08