NOT LISTED FOR SALE

850 Olive Ave Coronado, CA 92118

4 Beds
4 Baths
-- Sq Ft
1958 Built

Last Sold September 01, 2022

Last sale price $2,550,000

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Partially Fenced Property
  • Coronado Village Elementary Rated A
  • Laundry Facilities

About This Home

As of September 2022

4 unit apartment complex located on R3 lot. All 1 bedroom units. Sold prior to MLS.

Last Agent to Sell the Property

Zachary Todaro

Compass License #01881566 Listed on: 09/02/2022

Compass

Last Buyer's Agent

James Nelson

Coldwell Banker West License #01852936

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Lot Details

  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 537-231-22-00

Community Details

Overview

  • 4 Units
  • Olive Apartments Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $77,000

Property Details

Home Type

Multi-Family

Year Built

1958

Listing Details

  • Class: 2-4 UNITS
  • Market Area: South Bay
  • Cross Street: F Avenue
  • Neighborhood: Coronado Village
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Olive Apartments
  • Community: CORONADO VILLAGE
  • Complex Features: Laundry Facilities

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Corner Lot, Sidewalks, Street Paved
  • Topography: Level
  • Zoning: R3
  • Assessor Parcel Number: 537-231-22-00

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 77000
  • Gross Rent Multiplier Actual: 24.5
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 For Sale $2,500,000 -2.0% --
09/01/2022 09/01/22 Sold $2,550,000 -- --
Source: San Diego MLS

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 $35,439 $3,244,079 $2,835,600 $408,479
2024 $35,439 $3,180,470 $2,780,000 $400,470
2023 $28,911 $2,550,000 $2,200,000 $350,000
2022 $6,698 $439,252 $253,794 $185,458
2021 $6,627 $430,640 $248,818 $181,822
2020 $6,495 $426,225 $246,267 $179,958
2019 $6,480 $417,869 $241,439 $176,430
2018 $6,401 $409,676 $236,705 $172,971
2017 $6,197 $401,644 $232,064 $169,580
2016 $5,936 $393,769 $227,514 $166,255
2015 $5,748 $387,855 $224,097 $163,758
2014 $5,507 $380,259 $219,708 $160,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220022636

San Diego MLS

APN: 537-231-22-00

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