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Sold for $907,500
  • Listed by: Coldwell Banker West • Lani Sylvas • Contact: Lani@sandiego-lifestyle.com
    Bought with: Coldwell Banker West
    $907,500

    5305-07 Santa Margarita St, San Diego, CA 92114

    2beds
    1baths
    1,812sqft
    Multi Family
    Built in 1959
    -- sqft lot
    $1,126,100 Zestimate®
    $501/sqft
    $2,229 Estimated rent

    Home value

    $1,126,100

    $980,000 - $1.32M

    $2,229/mo

    Zestimate® history
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    What's special

    Nice size bedrooms
    Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this don’t come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don’t let this one slip away—your dream starts here!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lani Sylvas DRE #01418493 Lani@sandiego-lifestyle.com,

    Coldwell Banker West

    Bought with:

    Lani Sylvas, DRE #01418493

    Coldwell Banker West

    Source: CRMLS,MLS#: PTP2502578MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Appliances
    • Laundry: See Remarks
    Features
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,812
    • Total interior livable area: 1,812 sqft

    Property

    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 1.05 Acres
    • Features: Lot Over 40000 Sqft, Value In Land, Yard
    Details
    • Parcel number: 5482040100
    • Zoning: R-2
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1959

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Mountainous
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $501/sqft
    • Tax assessed value: $925,650
    • Date on market: 4/11/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/30/2026Listing removed$3,490$2/sqft
    Source: Zillow Rentals Report a problem
    4/9/2026Listed for rent$3,490$2/sqft
    Source: Zillow Rentals Report a problem
    5/16/2025Sold$907,500-9.2%$501/sqft
    Source: CRMLS #PTP2502578 Report a problem
    4/25/2025Pending sale$999,999$552/sqft
    Source: CRMLS #PTP2502578 Report a problem
    2/20/2025Listed for sale$999,999$552/sqft
    Source: CRMLS #PTP2500629 Report a problem
    2/4/2025Pending sale$999,999$552/sqft
    Source: CRMLS #PTP2500629 Report a problem
    1/24/2025Listed for sale$999,999$552/sqft
    Source: CRMLS #PTP2500629 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026-- $925,650 +11.8%
    2025$10,918 +9.2%$827,741 +2%
    2024$10,003 +2.3%$811,512 +2%
    2023$9,782 +1180.1%$795,600 +1087.6%
    2022$764 +0.9%$66,991 +2%
    2021$757 +1.3%$65,679 +1%
    2020$748 +7%$65,007 +2%
    2019$699 +1.9%$63,733 +2%
    2018$686 +2.7%$62,484 +2%
    2017$668 +2.1%$61,260 +2%
    2016$654 +1.6%$60,059 +1.5%
    2015$644 +1.7%$59,158 +2%
    2014$633 $58,000 +0.5%
    2013-- $57,739 +2%
    2012-- $56,608 +2%
    2011-- $55,499 +0.8%
    2010-- $55,085 -0.2%
    2009-- $55,217 +2%
    2008-- $54,135 +2%
    2007-- $53,074 +2%
    2006-- $52,034
    Find assessor info on the county website

    Neighborhood: Valencia Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,126,100
    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
    $1,126,100