NOT LISTED FOR SALE

Estimated Value: $1,532,000 - $2,165,000

6 Beds
5 Baths
3,684 Sq Ft
$523/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $1,325,000 $360 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,232/month

27 Days on Market

About This Home

As of October 2018

FIXER!! FIXER! Incredible and rare opportunity to own this 3 unit building in the heart of Bankers Hill/ Downtown San Diego! All 3 units have single car garages, and contain separate individual laundry rooms! Perfect for rentals as well as owner occupied. Fabulous location close to walking trails, PETCO Park, Hillcrest, North Park, Balboa Park, Airport, Freeways, etc.! Too much to list. A truly must see. All units in need of significant repairs. FIXER, FIXER! Neighborhoods: Bankers Hill Exterior: Wood/Stucco Other Fees: 0 Unit # for Unit 1: 2934 Unit # for Unit 2: 2936 Unit # for Unit 3: 2938 Number of Furnished Units: 0

Last Listed By

Jorge E. Estrella

Executive Realty Group License #01368498 Listed on: 09/12/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,837

Year Built

  • Built in 1925

Lot Details

  • 5,184

Home Design

  • Composition Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • 3-Story Property
  • Partially Fenced Property

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4526511000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,837

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subdivision Name Other: Hillcrest
  • Property Type: Residential Income
  • Parcel Number: 4526511000
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Levels: Three Or More

Exterior Features

  • Fence: No
  • Fencing: Partial
  • Roof: Composition

Multi Family

  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2018
Closed on
Oct 15, 2018
Sold by
Regas Rose P
Bought by
Doo Najo Llc
Seller's Agent
Jorge E. Estrella
Executive Realty Group
Buyer's Agent
Jorge E. Estrella
Executive Realty Group
List Price
$1,325,000
Sold Price
$1,325,000
Total Days on Market
27
Current Estimated Value
$1,925,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,333
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Jul 16, 2007
Sold by
Fimbres Jesus R
Bought by
Regas Rose P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.93%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 6, 2007
Sold by
Fimbres Lucia Patricia
Bought by
Fimbres Jesus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.93%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 22, 2007
Sold by
Fimbres J Michael
Bought by
Fimbres Jesus R and Fimbres Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2006
Sold by
Fimbres Jesus R
Bought by
Fimbres Jesus R and Fimbres Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 8, 2005
Sold by
Fimbres Lucia Patricia
Bought by
Fimbres Jesus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 18, 2005
Sold by
Bowen Dwain B and Bowen Margaret G
Bought by
Fimbres Jesus R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Interest Rate
5.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2003
Sold by
Regas Kenneth A
Bought by
Regas Rose P

Purchase Details

Closed on
Sep 2, 1994
Sold by
Bowen Dwain B and Bowen Margaret G
Bought by
Bowen Dwain B and Bowen Margaret G

Range of Values:

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Average Value
Not Available
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
Doo Najo Llc $1,325,000 Ticor Title San Diego Branch
Regas Rose P $1,350,000 Southland Title
Fimbres Jesus R -- Southland Title
Fimbres Jesus R -- Southland Title
Fimbres Jesus R -- First American Title
Fimbres J Michael -- First American Title
Fimbres Jesus R -- Alliance Title Company
Fimbres Jesus R -- First American Title
Fimbres Jesus R $1,210,000 First American Title
Regas Rose P -- North American Title Co
Bowen Dwain B -- --
Bowen Dwain B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Regas Rose P $200,000
Previous Owner Regas Rose P $1,000,000
Previous Owner Fimbres J Michael $75,000
Previous Owner Fimbres Jesus R $314,500
Previous Owner Fimbres Jesus R $968,000
Previous Owner Fimbres Jesus R $242,000
Previous Owner Fimbres Jesus R $968,000
Previous Owner Bowen Dwain B $705,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $1,325,000 0.0% $360 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $1,325,000 -- $360 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $17,837 $1,449,077 $956,938 $492,139
2023 $17,443 $1,420,665 $938,175 $482,490
2022 $16,979 $1,392,810 $919,780 $473,030
2021 $16,863 $1,365,501 $901,746 $463,755
2020 $16,659 $1,351,500 $892,500 $459,000
2019 $16,362 $1,325,000 $875,000 $450,000
2018 $15,518 $1,325,000 $470,000 $855,000
2017 $80 $1,250,000 $444,000 $806,000
2016 $14,042 $1,200,000 $427,000 $773,000
2015 $13,458 $1,150,000 $410,000 $740,000
2014 -- $1,000,000 $357,000 $643,000
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180052611

California Regional Multiple Listing Service (CRMLS)

APN: 452-651-10