NOT LISTED FOR SALE

Estimated Value: $892,000 - $923,000

4 Beds
2 Baths
1,300 Sq Ft
$702/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $525,000 $404 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,964/month

14 Days on Market

Highlights

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

About This Home

As of August 2019

RENT ROLL $4390 $$$ DEAL of a lifetime!!! 8% CAP RATE gross. Renovated duplex with garage conversion in excellent condition. Each unit is similar with 2 bedrooms & 1 bath. Each unit offers: Private yards, washer & dryer hookups, Upgraded Kitchen and bathrooms, new windows, tile flooring, New exterior paint, separate meters, large driveway. Plenty of street parking and excellent rental area.

Last Agent to Sell the Property

Joe Corbisiero

Compass License #01886351 Listed on: 07/17/2019

Compass

Last Buyer's Agent

Jeremy McHone

Palisade Realty Inc License #02038495

Palisade Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,941

Year Built

  • Built in 1954

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • RV Access or Parking

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $51,480

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity, gas/propane, hot water
  • Assessor Parcel Number 577-323-05-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,941

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Neighborhood: lomita village
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: ENCANTO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Assessor Parcel Number: 577-323-05-00

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 51480
  • Annual Expense Actual: 1200
  • Gross Rent Multiplier Actual: 10.0
  • Gross Sched Income Actual: 52680
  • 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

Closed on
May 9, 2023
Sold by
Givens Jevon and Givens Emma
Bought by
Luu Tai Tan and Luu Yen Thuc
Current Estimated Value
$912,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,350
Interest Rate
6.27%
Mortgage Type
VA

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 9, 2019
Sold by
Eddington Sumayah
Bought by
Eddington David S
Seller's Agent
Joe Corbisiero
Compass
Buyer's Agent
Jeremy McHone
Palisade Realty Inc
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%
Original Mortgage
$543,358
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 1, 2019
Sold by
Eddington David S
Bought by
Givens Jevon and Givens Emma
Seller's Agent
Joe Corbisiero
Compass
Buyer's Agent
Jeremy McHone
Palisade Realty Inc
List Price
$539,000
Sold Price
$525,000
Premium/Discount to List
-$14,000
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,358
Interest Rate
3.8%
Mortgage Type
VA

Purchase Details

Listed on
May 17, 2016
Closed on
Dec 2, 2016
Sold by
Yoshii Jaime D and Yoshii Rocio
Bought by
Eddington David S
Seller's Agent
Luisa Derbez
A-Plus Homes
Buyer's Agent
Joe Corbisiero
Compass
List Price
$415,000
Sold Price
$400,000
Premium/Discount to List
-$15,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$407,253
Interest Rate
3.52%
Mortgage Type
VA

Purchase Details

Closed on
Mar 23, 2012
Sold by
Partida Mario Sanchez
Bought by
Yoshii Jaime D and Yoshii Rocio

Purchase Details

Closed on
Jan 6, 2011
Sold by
Yoshii Jaime D and Yoshii Rocio
Bought by
Partida Mario Sanchez

Purchase Details

Closed on
Sep 10, 2008
Sold by
Alvarez Gregoria
Bought by
Yoshii Jaime D and Yoshii Rocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
6.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2005
Sold by
Zalazar G Victor Manuel
Bought by
Alvarez Gregoria

Purchase Details

Closed on
Oct 8, 2004
Sold by
Osequeda Rafael and Osequeda Carmy
Bought by
Alvarez Gregoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 24, 2003
Sold by
Osequeda Rafael
Bought by
Osequeda Rafael and Osequeda Carmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
5.26%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2000
Sold by
Warner Sharon L House
Bought by
Osegueda Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,941
Interest Rate
7.71%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 1999
Sold by
House Sharon L
Bought by
Sharon Lee Warner Trust

Purchase Details

Closed on
Jan 20, 1989

Purchase Details

Closed on
Dec 11, 1987

Purchase Details

Closed on
Jun 8, 1984
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
Luu Tai Tan $950,000 First American Title
Eddington David S -- Ticor Title San Diego Branch
Givens Jevon $526,000 Ticor Title San Diego Branch
Eddington David S $400,000 First American Title Company
Yoshii Jaime D -- None Available
Partida Mario Sanchez -- None Available
Yoshii Jaime D $275,000 First American Title Company
Alvarez Gregoria -- Southland Title
Alvarez Gregoria $478,000 Southland Title
Osequeda Rafael -- Commonwealth Land Title Co
Osegueda Rafael $164,500 Equity Title Company
Sharon Lee Warner Trust -- --
-- $109,900 --
-- $92,500 --
-- $110,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luu Tai Tan $993,962
Closed Luu Tai Tan $981,350
Previous Owner Givens Jevon $651,644
Previous Owner Givens Jevon $551,745
Previous Owner Givens Jevon $543,358
Previous Owner Eddington David S $407,253
Previous Owner Yoshii Jaime D $206,250
Previous Owner Alvarez Gregoria $30,000
Previous Owner Alvarez Gregoria $382,400
Previous Owner Osegueda Rafael $38,000
Previous Owner Osequeda Rafael $256,000
Previous Owner Osegueda Rafael $162,941
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $525,000 -2.6% $404 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $539,000 +34.8% $415 / Sq Ft
12/02/2016 12/02/16 Sold $400,000 -3.6% $320 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
09/02/2016 09/02/16 For Sale $415,000 +9.5% $332 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $379,000 -- $303 / 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 $11,941 $988,378 $766,940 $221,438
2024 $11,941 $968,999 $751,902 $217,097
2023 $7,023 $565,780 $439,021 $126,759
2022 $6,835 $565,780 $439,021 $126,759
2021 $6,786 $554,687 $430,413 $124,274
2020 $6,790 $549,000 $426,000 $123,000
2019 $5,160 $416,158 $179,960 $236,198
2018 $4,825 $407,999 $176,432 $231,567
2017 $4,711 $400,000 $172,973 $227,027
2016 $2,335 $196,290 $84,882 $111,408
2015 $2,301 $193,342 $83,607 $109,735
2014 $2,266 $189,556 $81,970 $107,586
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190039540

San Diego MLS

APN: 577-323-05