NOT LISTED FOR SALE
7 Beds
4 Baths
2,780 Sq Ft
6,497 Sq Ft Lot

Sale Details

Date Sold: May 25, 2022

Last sale price $1,460,000 $525 Per Sq Ft

174 Days on Market

Highlights

  • Private Pool
  • No Heating
  • 4-minute walk to Teeple Park
  • No HOA

About This Home

As of May 2022

GREAT INVESTMENT OPPORTUNITY! 4 units next to the Bay and close to the Beach. UNIT A- 1 Bedroom 1 Bath 1 car garage. UNIT B- 1 Bedroom 1 Bath 2 car garage and 1 car garage. UNIT C- 1 Bedroom 1 Bath 1 car garage. UNIT D- 2 Bedroom 1 Bath 2 car garage. Storage room 10x10 permits unknown, All units are pretty standard, they need upgrading. ALL UNITS ARE SEPARATELY METER. Owner only pays Trash, Yard maintenance and gas, electrical water and sewer for the 5th meter. 5th meter is for Coin Laundry. Alley access, Blocks to the Beach and Bike path to Coronado and Close to Shopping, Restaurants and much more.

Last Agent to Sell the Property

Mark Cervantes

Home Investment Center License #01187515 Listed on: 11/27/2021

Last Buyer's Agent

Michael Andrew

Americas Real Estate Agents License #01206164

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 6,497 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 7 Car Garage

Home Design

  • 2,780 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Private Pool
  • Exterior Lighting

Additional Features

  • Laundry in unit
  • No Heating

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 6261510800

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

6,497 Sq Ft Lot

Parking

7

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: R-3 Restricted Multiple
  • Property Type: Residential Income
  • Parcel Number: 6261510800
  • Year Built: 1984
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Price Per Square Foot: 525.18

Exterior Features

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

Garage/Parking

  • Garage Spaces: 7.00
  • Parking: No
  • Total Parking Spaces: 11.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6497.00
  • Lot Size Acres: 0.1492

Multi Family

  • Gross Scheduled Income: 66000.00
  • Lot Size Area: 6497.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Range: 4
  • Rent Control: Yes

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

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

Closed on
Feb 10, 2022
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
$1,460,000
Interest Rate
0.05%
Mortgage Type
VA

Purchase Details

Closed on
Nov 29, 2018
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
$440,000
Interest Rate
0.0425%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2006
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
$560,000
Interest Rate
0.0675%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 1997
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 1986

Purchase Details

Closed on
Oct 2, 1984

Purchase Details

Closed on
Sep 22, 1983
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,460,000 Lawyers Title
-- Ticor Title Orange County Br
-- None Available
$700,000 Southland Title Company
$215,000 Commonwealth Land Title Co
$175,000 --
$140,000 --
$78,000 --
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 $1,460,000
Previous Owner $440,000
Previous Owner $36,000
Previous Owner $560,000
Previous Owner $100,000
Previous Owner $178,000
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
05/25/2022 05/25/22 Sold $1,460,000 -1.4% $525 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $1,480,000 0.0% $532 / Sq Ft
04/11/2022 04/11/22 For Sale $1,480,000 0.0% $532 / Sq Ft
04/11/2022 04/11/22 Price Changed $1,480,000 +3.9% $532 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/13/2021 12/13/21 Pending -- -- --
11/27/2021 11/27/21 For Sale $1,425,000 -- $513 / Sq Ft
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
2025 $15,576 $1,333,316 $1,013,595 $319,721
2024 $15,576 $1,307,173 $993,721 $313,452
2023 $19,961 $1,489,200 $1,132,200 $357,000
2022 $12,842 $883,712 $574,414 $309,298
2021 $12,412 $866,385 $563,151 $303,234
2020 $12,469 $857,502 $557,377 $300,125
2019 $12,365 $840,690 $546,449 $294,241
2018 $12,235 $824,207 $535,735 $288,472
2017 $11,096 $740,000 $371,000 $369,000
2016 $8,753 $560,000 $281,000 $279,000
2015 $7,911 $500,000 $251,000 $249,000
2014 $7,046 $415,000 $209,000 $206,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2108130

California Regional Multiple Listing Service (CRMLS)
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