NOT LISTED FOR SALE
3 Beds
4 Baths
-- Sq Ft
5,534 Sq Ft Lot

Sale Details

Date Sold: September 21, 2022

Last sale price $750,000

60 Days on Market

Highlights

  • Private Yard
  • No HOA
  • No Heating

About This Home

As of September 2022

Great investment opportunity in National City! This multi-unit property features a duplex, as well as a standalone unit. All units are currently occupied. Please do not disturb tenants.

Last Agent to Sell the Property

Mark Scott

Coldwell Banker West License #01197311 Listed on: 06/29/2022

Coldwell Banker West

Co-Listed By

Jackson Lawrence

Coldwell Banker West License #02162446

Last Buyer's Agent

Raquel Flores

eXp Realty of California Inc License #01459455

eXp Realty of California Inc
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

Year Built

  • Built in 1900

Lot Details

  • 5,534 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 2/1-4
  • Tax Tract Number 90
  • Assessor Parcel Number 5611720200
  • $1,346 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,919
  • Insurance Expense $900
  • Trash Expense $574
  • Water Sewer Expense $1,000
  • New Taxes Expense $1,125
  • Operating Expense $15,981
  • Gross Income $49,111
  • Net Operating Income $33,130

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

5,534 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 3.90
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1000.00
  • Zoning: COMMERCIAL
  • Property Type: Residential Income
  • Parcel Number: 5611720200
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Appliances: No

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 574.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5534.00
  • Lot Size Acres: 0.1270

Multi Family

  • Electric Expense: 1919.00
  • Gross Income: 49111.00
  • Gross Operating Income: 49111.00
  • Gross Scheduled Income: 48367.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5534.0000 Square Feet
  • Net Operating Income: 33130.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15981.00
  • Rent Control: No
  • Total Expenses: 15981.00
  • Vacancy Allowance Rate: 1.50

Tax Info

  • New Taxes Expense: 1125.00
  • Tax Lot: 2/1-4
  • Tax Tract Number: 000090
  • TaxOtherAnnualAssessmentAmount: 1346.04

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
Jun 29, 2022
Closed on
Sep 7, 2022
Sold by
Bought by
Seller's Agent
Mark Scott
Coldwell Banker West
Buyer's Agent
Raquel Flores
eXp Realty of California Inc
List Price
$849,900
Sold Price
$750,000
Premium/Discount to List
-$99,900
-11.75%
Views
7

Purchase Details

Closed on
Feb 13, 2021
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,660
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.12%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in National City, CA

See All Agents

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
$750,000 Fidelity National Title
-- None Available
-- None Available
$107,000 Lawyers Title
-- Lawyers Title
$425,000 Southland Title Of San Diego
$360,000 First American Title
-- First American 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
Previous Owner $149,660
Previous Owner $370,000
Previous Owner $340,000
Previous Owner $270,000
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
09/21/2022 09/21/22 Sold $750,000 -6.2% --
08/28/2022 08/28/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $799,900 -5.9% --
06/29/2022 06/29/22 For Sale $849,900 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,685 $795,905 $583,664 $212,241
2025 $10,685 $780,300 $572,220 $208,080
2024 $10,269 $765,000 $561,000 $204,000
2023 $10,131 $750,000 $550,000 $200,000
2022 $4,387 $248,316 $178,696 $69,620
2021 $4,143 $243,448 $175,193 $68,255
2020 $3,906 $240,953 $173,397 $67,556
2019 $3,173 $236,230 $169,998 $66,232
2018 $3,088 $231,599 $166,665 $64,934
2017 $3,006 $227,059 $163,398 $63,661
2016 $2,935 $222,608 $160,195 $62,413
2015 $2,904 $219,265 $157,789 $61,476
2014 $2,789 $214,971 $154,699 $60,272
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2204322

California Regional Multiple Listing Service (CRMLS)
Your Personal Tour Guide

Ask me questions while you tour the home.