Jim O'Donnell
United Real Estate San Diego
(858) 282-0021
43 Total Sales
1 in Coronado
$1,950,000 Price
814 4th St Coronado, CA 92118
Coronado Area
3
Beds
3
Baths
4,818
Sq Ft
--
Built
About This Home
As of August 2020Take a look at this extremely rare investment opportunity located in the highly sought after and rarely traded city of Coronado, CA. Available are Ten Garden Style Apartment Units that have been well maintained by long term ownership. Two of the 10 units have been recently renovated. This is an excellent opportunity for a savvy investor to Renovate the remaining units while bringing the rents up to market and achieving close to a 5% Cap Rate. Nearby Renovated Units are achieving rents 40% Higher than The Subject Property. The Property has 2 Structures on a .16 ACRE Lot. The Pitched Roofs were replaced in the mid 2000’s and the Seller believes that they were 35 Year Shingles.
Last Agent to Sell the Property
Marcus & Millichap License #01427348 Listed on: 03/13/2020
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Parking
- 10 Parking Spaces
Home Design
Interior Spaces
- 3 Bedrooms
- 4,818 Sq Ft Home
- 2-Story Property
Additional Homes
- Number of ADU Units: 2
Listing and Financial Details
- Total Actual Rent $11,750
Community Details
Overview
- 2 Buildings
- 10 Units
Building Details
- 10 Leased Units
- Operating Expense $71,348
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 13, 2020
Closed on
Jun 15, 2020
Sold by
Bought by
Seller's Agent
Tom McCartin
Marcus & Millichap
Buyer's Agent
Tom McCartin
Marcus & Millichap
List Price
$3,650,000
Sold Price
$3,000,000
Premium/Discount to List
-$650,000
-17.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Coronado, CA
-
Jim O'Donnell
-
Robin Hagemann
Robin Hagemann
Compass
(619) 439-1743
29 Total Sales
3 in Coronado
$1.1M - $2.7M Price Range
-
Philip Gant Morgner
Philip Gant Morgner
The PGM Group, Inc.
(619) 810-5564
21 Total Sales
2 in Coronado
$2.7M - $3.4M Price Range
-
Chad Basinger
Chad Basinger
eXp Realty of Southern CA
(858) 295-1960
68 Total Sales
1 in Coronado
$2,400,000 Price
-
Behn Borhani
Behn Borhani
Keller Williams Realty Irvine
(949) 570-5251
44 Total Sales
1 in Coronado
$2,306,000 Price
-
Daniel Di Matteo
Daniel Di Matteo
Century 21 Affiliated
(858) 223-9281
44 Total Sales
2 in Coronado
$2,400,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,000,000 | First American Title Company | ||
| -- | Commonwealth Land Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,900,000 | ||
| Closed | $1,800,000 | ||
| Previous Owner | $470,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2020 08/14/20 | Sold | $3,000,000 | -17.8% | $623 / Sq Ft |
| 07/20/2020 07/20/20 | Pending | -- | -- | -- |
| 03/13/2020 03/13/20 | For Sale | $3,650,000 | -- | $758 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $40,497 | $3,419,167 | $2,208,161 | $1,211,006 |
| 2025 | $40,497 | $3,352,125 | $2,164,864 | $1,187,261 |
| 2024 | $39,442 | $3,266,398 | $2,122,416 | $1,143,982 |
| 2023 | $38,874 | $3,202,351 | $2,080,800 | $1,121,551 |
| 2022 | $38,213 | $3,139,560 | $2,040,000 | $1,099,560 |
| 2021 | $37,496 | $3,058,000 | $2,000,000 | $1,058,000 |
| 2020 | $7,450 | $219,661 | $85,115 | $134,546 |
| 2019 | $7,442 | $215,355 | $83,447 | $131,908 |
| 2018 | $7,401 | $211,133 | $81,811 | $129,322 |
| 2017 | $7,032 | $206,994 | $80,207 | $126,787 |
| 2016 | $6,630 | $202,936 | $78,635 | $124,301 |
| 2015 | $6,273 | $199,888 | $77,454 | $122,434 |
| 2014 | $5,847 | $195,973 | $75,937 | $120,036 |
Source: Public Records
Agents Affiliated with this Home
-
Tom McCartin
Seller's Agent in 2020
Tom McCartin
Marcus & Millichap
(858) 362-9376
28 Total Sales
Map
Source: San Diego MLS
MLS Number: 200012760
APN: 536-293-19-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.
Nearby Homes
Your Personal Tour Guide
Ask me questions while you tour the home.