$1,300,000
SOLD MAY 31, 2016
5 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

4% Below List Price

6 Days on Market

About This Home

As of May 2016

This beautiful 4-Plex in the heart of PB is situated just 4 blocks from the boardwalk and a short 5-mintue walk to Sail Bay. The property features a 2Br/1Ba and (3) 1Br/1Ba units. All units have remodeled kitchens and are equipped with stainless steal appliances, dishwasher and bulit-in microwaves. Units offer private patios/sun deck. There are (4) garages with additional tandem parking and on-site laundry. This is a great opportunity for an investor to enjoy a stream of income in a highly desirable area. Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

Last Agent to Sell the Property

Adrian Gonzalez

Bridgepoint Realty Inc License #01844618 Listed on: 04/23/2016

Last Buyer's Agent

Floriana Lo Sapio

FLS & Associates License #00923891

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,879

Year Built

  • Built in 1960

Interior Spaces

  • 2-Story Property

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 423-162-09-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,879

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Everts
  • Neighborhood: Pacific Beach
  • Supplement: Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 423-162-09-00
  • Land Use Code: Mult

Multi Family

  • No. of Units: 4
  • Gross Rent Multiplier Actual: 16.3
  • Gross Rent Multiplier Projected: 14.3
  • Gross Sched Income Actual: 82980
  • Gross Sched Income Projected: 94560
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2019
Sold by
Dosi Usa Inc
Bought by
Samu 16 Inc

Purchase Details

Closed on
Sep 4, 2012
Sold by
Kam Royce H
Bought by
Blue Sky Grand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2012
Sold by
Blue Sky Grand Llc
Bought by
Kam Royce H and Royce H Kam Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
3.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 2010
Sold by
Kam Royce H
Bought by
Blue Sky Grand Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,800
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2010
Sold by
Ai Real Estate Llc
Bought by
Kam Royce H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,800
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 4, 2008
Sold by
Ruekberg Joseph A and Ruekberg Judlth H
Bought by
Ai Real Estate Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Ruekberg Joseph A
Bought by
Ruekberg Joseph A and Ruekberg Judith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2006
Sold by
Ruekberg Joseph A and Ruekberg Judith H
Bought by
Ruekberg Joseph A and Ruekberg Judith H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1998
Sold by
Ruekberg Joseph A and Ruekberg Judith H
Bought by
Ruekberg Joseph A and Ruekberg Judith H

Purchase Details

Closed on
Sep 12, 1984
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

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed -- Accommodation
Grant Deed -- Corinthian Title Company
Grant Deed -- Accommodation
Quit Claim Deed -- None Available
Grant Deed $1,100,000 Chicago Title Company
Grant Deed -- Commonwealth
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Southland Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $565,000 Commercial
Previous Owner $790,800 Commercial
Previous Owner $700,000 Commercial
Previous Owner $450,000 Commercial
Previous Owner $200,000 Commercial
Previous Owner $160,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Pending -- -- --
06/09/2025 06/09/25 Price Changed $3,195,000 -8.6% --
05/05/2025 05/05/25 For Sale $3,495,000 +168.8% --
05/31/2016 05/31/16 Sold $1,300,000 -3.6% --
04/28/2016 04/28/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $1,349,000 -- --
Source: San Diego MLS

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 $22,879 $1,859,196 $1,367,057 $492,139
2023 $22,374 $1,822,742 $1,340,252 $482,490
2022 $21,779 $1,787,003 $1,313,973 $473,030
2021 $21,630 $1,751,964 $1,288,209 $463,755
2020 $21,367 $1,734,000 $1,275,000 $459,000
2019 $18,270 $1,479,569 $1,167,328 $312,241
2018 $15,928 $1,352,520 $1,144,440 $208,080
2017 $15,549 $1,326,000 $1,122,000 $204,000
2016 $12,953 $1,100,000 $840,000 $260,000
2015 $12,956 $1,100,000 $840,000 $260,000
2014 $11,827 $1,000,000 $764,000 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160021778

San Diego MLS

APN: 423-162-09