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Sold for $1,035,000
  • Listed by: eXp Realty of California, Inc. • Blake Cory • Contact: 888-832-7179
    Bought with: Coldwell Banker West
    $1,035,000

    5206 La Paz Dr, San Diego, CA 92114

    5beds
    3baths
    2,811sqft
    Duplex
    Built in 1952
    -- sqft lot
    $1,111,300 Zestimate®
    $368/sqft
    $2,882 Estimated rent

    Home value

    $1,111,300

    $1.03M - $1.19M

    $2,882/mo

    Zestimate® history
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    $2,882/mo

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    $6,620/mo

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    What's special

    New roofModern finishesIncome - generating capabilitiesEasy access to amenities
    Welcome to 5206 La Paz Dr., a meticulously renovated single-family home in San Diego, CA 92114, transformed into a permitted three-unit property, designed to maximize your investment potential. This versatile property not only offers a comfortable two-bedroom, one-bathroom main house but also includes two additional two-bedroom, one-bathroom ADUs, providing multiple income streams. Each unit features modern finishes, including quartz countertops and luxury vinyl plank flooring, ensuring tenant satisfaction and maximizing rental value. The recent renovation encompasses essential upgrades such as a new roof and windows, as well as contemporary fixtures throughout, guaranteeing minimal maintenance costs for investors. With a local property management company estimating potential rental income exceeding $8,000 per month, this property promises significant cash flow potential, offering an attractive return on investment. Whether you're a seasoned investor or new to real estate investment, 5206 La Paz Dr. provides an excellent opportunity for passive income generation in one of San Diego's most desirable neighborhoods. Beyond its income-generating capabilities, this property is conveniently located with easy access to amenities, parks, and transportation hubs, enhancing its appeal to potential tenants and ensuring high occupancy rates. Whether you're targeting long-term tenants or short-term rentals, the prime location of 5206 La Paz Dr. guarantees a steady stream of reliable income. Don't miss out on this exceptional opportunity to own a turnkey property strategically designed for maximum income potential. Schedule a viewing today and secure your investment in the thriving San Diego real estate market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Blake Cory DRE #01781649 951-216-3319,

    eXp Realty of California, Inc.

    Bought with:

    David Fletes, DRE #01823637

    Coldwell Banker West

    Source: CRMLS,MLS#: SW24046636MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Appliances
    • Laundry: Inside
    Features
    • Balcony, Quartz Counters
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,811
    • Total interior livable area: 2,811 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: .
    • Pool features: None
    Lot
    • Size: 6,800 Square Feet
    • Features: Back Yard
    Details
    • Parcel number: 5484401300
    • Zoning: RS-1-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Suburban, Sidewalks
    • Subdivision: Encanto
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $368/sqft
    • Tax assessed value: $1,055,700
    • Annual tax amount: $13,768
    • Date on market: 3/7/2024
    • Cumulative days on market: 24 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    5/15/2024Sold$1,035,000-17.1%$368/sqft
    Source: CRMLS #SW24046636 Report a problem
    4/3/2024Pending sale$1,249,000$444/sqft
    Source: CRMLS #SW24046636 Report a problem
    3/15/2024Listed for sale$1,249,000+144.9%$444/sqft
    Source: CRMLS #SW24046636 Report a problem
    6/21/2023Sold$510,000+45.7%$181/sqft
    Source: Public Record Report a problem
    3/7/2023Sold$350,000-12.3%$125/sqft
    Source: Public Record Report a problem
    2/22/2023Pending sale$399,000-30.6%$142/sqft
    Source: SDMLS #230002483 Report a problem
    2/16/2023Listing removed--
    Source: SDMLS #230002483 Report a problem
    2/14/2023Pending sale$575,000$205/sqft
    Source: SDMLS #230002483 Report a problem
    2/8/2023Listed for sale$575,000$205/sqft
    Source: SDMLS #230002483 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,768 +114.3%$1,055,700 +102.9%
    2024$6,424 +314.3%$520,200 +320.2%
    2023$1,550 +8.9%$123,802 +2%
    2022$1,424 +0.8%$121,375 +2%
    2021$1,413 +1.3%$118,996 +1%
    2020$1,395 +4.4%$117,777 +2%
    2019$1,336 +4.4%$115,468 +2%
    2018$1,280 +2.6%$113,204 +2%
    2017$1,248 +1.9%$110,986 +2%
    2016$1,225 +1.6%$108,811 +1.5%
    2015$1,206 +1.6%$107,178 +2%
    2014$1,187 $105,080 +0.5%
    2013-- $104,606 +2%
    2012-- $102,556 +2%
    2011-- $100,546 +0.8%
    2010-- $99,795 -0.2%
    2009-- $100,033 +2%
    2008-- $98,072 +2%
    2007-- $96,150 +2%
    2006-- $94,265 +2%
    2005-- $92,417 +2%
    2004-- $90,606 +1.9%
    2003-- $88,947 +2%
    2002-- $87,204 +2%
    2001-- $85,495
    Find assessor info on the county website

    Neighborhood: Valencia Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,111,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,111,300