NOT LISTED FOR SALE

Estimated Value: $976,818 - $1,185,000

2 Beds
2 Baths
1,300 Sq Ft
$831/Sq Ft Est. Value

Last Sold July 01, 2014

Last sale price $425,000 $327 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $6,474/month

102 Days on Market

About This Home

As of July 2014

This is the perfect turnkey investment property or live/rent home: both units are fully rented and very easy to rent. The tenants are both willing to sign new leases! The property has been well taking care of. This is a rare opportunity to get a nice rental in this neighbrhd. The lot is big enough for both units to have their own enclosed yards and you can easily park 3 cars per unit! The property also has a vacant lot in the back which can be used to build an additional unit!

Last Agent to Sell the Property

Amar Harrag

Allied Green Realty License #01712576 Listed on: 02/24/2014

Last Buyer's Agent

Amar Harrag

Allied Green Realty License #01712576 Listed on: 02/24/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,221

Year Built

  • Built in 1942

Lot Details

  • 8,799 Sq Ft Lot
  • Cross Fenced

Parking

  • RV Potential

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $30,400

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 432-030-15-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,221

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Judson St
  • Neighborhood: Linda Vista
  • LP / Sq Ft: 14.77
  • Stories: 1 Story
  • Sale Price List Price: 0.95
  • Total Stories: 1
  • Year Built: 1942
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Prkng Non Garage Spac U2: 3
  • Walk Score Desc: Somewhat Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing
  • 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: 4,000-7,499 SF
  • Zoning: R 2
  • Assessor Parcel Number: 432-030-15-00
  • Land Use Code: R2
  • Estimated Lot Sq Ft: 8799
  • Estimated Number of Acres: 0.202
  • Map Code Column: A
  • Map Code Page: 1249
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 30400
  • Annual Expense Actual: 2000
  • Annual Expense Projected: 2000
  • Gross Rent Multiplier Actual: 163.0
  • Gross Sched Income Actual: 32400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Tax Info

  • Assessor Parcel Number: 7371-7373Hyatt92111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Khalili Mehdi
Bought by
Khalili Mehdi and Mehdi Khalili Living Trust
Current Estimated Value
$1,078,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$365,075
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$741,606

Purchase Details

Closed on
Apr 12, 2016
Sold by
Khalili Mehdi
Bought by
Khalili Mehdi

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jun 20, 2014
Sold by
Sandoval Agustin G and Sandoval Alejandrina
Bought by
Khalili Mehdi
Seller's Agent
Amar Harrag
Allied Green Realty
Buyer's Agent
Amar Harrag
Allied Green Realty
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%
Original Mortgage
$340,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 1993
Bought by
Sandoval Agustin G Alejandrina
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
Khalili Mehdi -- Wfg National Title Co Of Ca
Khalili Mehdi -- North American Title Co Inc
Khalili Mehdi -- None Available
Khalili Mehdi $425,000 Fidelity National Title
Sandoval Agustin G Alejandrina $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khalili Mehdi $414,000
Closed Khalili Mehdi $236,900
Closed Khalili Mehdi $340,000
Previous Owner Sandoval Agustin $372,000
Previous Owner Sandoval Agustin G $313,000
Previous Owner Sandoval Agustin G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2014 07/01/14 Sold $425,000 -7.6% $327 / Sq Ft
06/04/2014 06/04/14 Pending -- -- --
02/22/2014 02/22/14 For Sale $460,000 -- $354 / 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 $6,221 $510,777 $277,890 $232,887
2024 $6,221 $500,763 $272,442 $228,321
2023 $6,085 $490,945 $267,100 $223,845
2022 $5,922 $481,319 $261,863 $219,456
2021 $5,878 $471,882 $256,729 $215,153
2020 $5,717 $467,044 $254,097 $212,947
2019 $5,611 $457,887 $249,115 $208,772
2018 $5,247 $448,910 $244,231 $204,679
2017 $5,121 $440,109 $239,443 $200,666
2016 $5,034 $431,481 $234,749 $196,732
2015 $4,959 $425,000 $231,223 $193,777
2014 $2,634 $219,190 $119,251 $99,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140010015

San Diego MLS

APN: 432-030-15