NOT LISTED FOR SALE

1010-12 #1/2 Wilbur Ave San Diego, CA 92109

Pacific Beach Neighborhood
4 Beds
3 Baths
-- Sq Ft
1922 Built

Last Sold August 28, 2024

Last sale price $1,365,000

3 Days on Market

Highlights

  • Central Air
  • Pacific Beach Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2024

Great investment opportunity in a highly sought-after location! Currently, it consists of 2 x one bedroom one bath, 1 x two bedroom, one bath, and 1 car parking in the back.. the owner has owned it for several decades. Garage conversion to a unit which is not permitted. Legal Duplex per the permits - Proximity to the beach: Located just three blocks away from the beach, this property offers easy access to the coast for swimming, and enjoying beach activities. - Nearby amenities: A laundromat situated right next door provides convenience for tenants' laundry needs. Additionally, the property is close to a variety of restaurants, making it easy for residents to find dining options within walking distance. - Private yard at 1012 and 1012 1/2: These units feature private yards, providing tenants with outdoor space. - Off-street parking at 1012 1/2: The unit at 1012 1/2 offers off-street parking, which can be a valuable amenity for tenants. - Zoning: The property is zoned for both residential and commercial use, opening up possibilities for a variety of business ventures or multiple dwelling units. The Cass St planned district zoning. - Quiet ambiance: In comparison to Garnet Street, this property offers a quieter environment, providing tenants with a more peaceful living experience. - Less than a week to rent when vacant.

Last Agent to Sell the Property

Carlos Gutierrez

eXp Realty of California, Inc. License #01507102 Listed on: 08/10/2024

eXp Realty of California, Inc.

Last Buyer's Agent

Steve Springer

Compass License #01733282

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Home Design

  • Clay Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • 3,111 Sq Ft Lot
  • Central Air

Community Details

  • 3 Units
  • Net Operating Income $62,400

Listing and Financial Details

  • Tenant pays for sewer, trash, water, electricity, gas/propane, hot water
  • Assessor Parcel Number 415-421-19-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Cass St
  • Neighborhood: North Pacific Beach - LJ
  • Stories: 1 Story
  • Sale Price List Price: 1.05
  • Total Stories: 1
  • Year Built: 1922
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Roof: Tile/Clay

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 415-421-19-00
  • Estimated Lot Sq Ft: 3111

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 62400
  • Gross Rent Multiplier Actual: 19.01
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2024 08/28/24 Sold $1,365,000 +5.0% --
08/14/2024 08/14/24 Pending -- -- --
08/10/2024 08/10/24 For Sale $1,300,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carlos Gutierrez

    Seller's Agent in 2024

    Carlos Gutierrez

    eXp Realty of California, Inc.

    (858) 864-8741

    12 in this area

    148 Total Sales

    Carlos Gutierrez
    Section Image
  • Steve Springer

    Buyer's Agent in 2024

    Steve Springer

    Compass

    (619) 520-8476

    6 in this area

    37 Total Sales

    Steve Springer
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240018891

San Diego MLS
California San Diego County San Diego 92109 Pacific Beach

1010-12 #1/2 Wilbur Ave, San Diego, CA

Not Listed for Sale

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