NOT LISTED FOR SALE

7418 Fulton St Unit 20 San Diego, CA 92111

Linda Vista Neighborhood

Estimated Value: $996,000 - $1,002,735

2 Beds
2 Baths
3,048 Sq Ft
$328/Sq Ft Est. Value

Last Sold June 07, 2016

Last sale price $515,000 $169 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,574/month

12 Days on Market

Highlights

  • RV Access or Parking
  • Gated Parking
  • Level Lot
  • RV Parking in Community
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of June 2016

EXCELLENT INVESTMENT OPPORTUNITY!!! The Cap Rate is very competitive on this duplex centrally located with an oversized lot. Both units plus the garage are separately rented to unique tenants providing a very nice rate of return. These units have newer dual pane windows. The roof and structure have been well maintained. One unit has hardwood floors, bonus storage area. The other unit features Carpet and tile. The garage and fenced back yard area currently rent for $825/month providing high CAP rate

Last Agent to Sell the Property

Alan Kinzel

Compass License #01925565 Listed on: 05/11/2016

Compass

Last Buyer's Agent

Tracy Nguyen

Keller Williams Realty License #01958927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,546

Year Built

  • Built in 1942

Lot Details

  • 10,527 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 1-Story Property

Parking

  • Gated Parking
  • RV Access or Parking

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 432-053-10-00

Community Details

Overview

  • 2 Units
  • RV Parking in Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $34,719

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,546

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
  • Neighborhood: Linda Vista
  • Miscellaneous: Outbuilding
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1942
  • 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: Brick, Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: Gated, On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LINDA VISTA
  • Complex Features: RV/Boat Parking

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Public Street
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 432-053-10-00
  • Land Use Code: R2
  • Estimated Lot Dimensions: 90 X 115
  • Estimated Lot Sq Ft: 10527
  • Estimated Number of Acres: 0.24

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 34719
  • Annual Expense Actual: 3831
  • Gross Rent Multiplier Actual: 7.3
  • Gross Sched Income Actual: 38580
  • Gross Sched Income Projected: 38580
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2016
Closed on
May 8, 2016
Sold by
Fox Susan K
Bought by
Tinh & Nga Nguyen Family Revocable Trust
Seller's Agent
Alan Kinzel
Compass
Buyer's Agent
Tracy Nguyen
Keller Williams Realty
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$999,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$484,368
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
May 4, 2012
Sold by
Slysh Paul
Bought by
Slysh Paul

Purchase Details

Closed on
May 14, 2007
Sold by
Slysh Paul Alexander
Bought by
Slysh Paul

Purchase Details

Closed on
Jul 12, 1993

Purchase Details

Closed on
Jan 23, 1985
Source: Public Records

Range of Values:

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Average Value
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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
Tinh & Nga Nguyen Family Revocable Trust $515,000 Chicago Title
Slysh Paul -- None Available
Slysh Paul -- None Available
-- $155,000 --
-- $92,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $515,000 -1.9% $169 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $525,000 -- $172 / 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 $13,546 $1,114,928 $513,390 $601,538
2024 $13,546 $1,093,068 $503,324 $589,744
2023 $13,248 $889,840 $483,780 $406,060
2022 $10,933 $889,840 $483,780 $406,060
2021 $10,850 $872,394 $474,295 $398,099
2020 $10,693 $863,449 $469,432 $394,017
2019 $6,799 $546,520 $460,228 $86,292
2018 $6,359 $535,804 $451,204 $84,600
2017 $6,208 $525,299 $442,357 $82,942
2016 $5,634 $475,000 $400,000 $75,000
2015 $2,631 $219,185 $176,769 $42,416
2014 $2,591 $214,893 $173,307 $41,586
Source: Public Records

Agents Affiliated with this Home

  • Alan Kinzel

    Seller's Agent in 2016

    Alan Kinzel

    Compass

    (619) 606-8188

    60 Total Sales

    Alan Kinzel
    Section Image

  • T

    Buyer's Agent in 2016

    Tracy Nguyen

    Keller Williams Realty

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Map

Source: San Diego MLS

MLS Number: 160025552

San Diego MLS

APN: 432-053-10

California San Diego County San Diego 92111 Linda Vista

7418 Fulton St Unit 20, San Diego, CA

This home is located at 7418 Fulton St Unit 20, San Diego, CA 92111 since 11 May 2016 and is currently estimated at $999,368, approximately $327 per square foot. This property was built in 1942. 7418 Fulton St Unit 20 is a home located in San Diego County with nearby schools including Linda Vista Elementary School, Montgomery Middle School, and San Diego Cooperative Charter School.

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