NOT LISTED FOR SALE

1333 Felspar St Unit 33-37 San Diego, CA 92109

Pacific Beach Neighborhood
3 Beds
3 Baths
1,260 Sq Ft
6,251 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $1,658,135 $1,316 Per Sq Ft

17 Days on Market

Highlights

  • Second Garage
  • Wood Flooring
  • Granite Countertops
  • Pacific Beach Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of February 2022

Great Pacific Beach investment property within walking distance to the ocean and local shopping and dining. 1333-1337 Felspar St. consists of 3 detached 1 bedroom cottages on a 6,251 SF lot and includes 2 detached garages. Current rents are below market with long term renters. Common laundry facilities on property. Four uncovered (tandem) parking spaces off the alley and two garages (currently not rented). Units are always rented. Each bungalow consists of 1 BD/1 BA with kitchen eating area and spacious living room. One unit is upstairs, the other two are single story. Two of the units were refurbished within the last 16 months as shown in photos. Zoning allows for up to 4 units which creates additional income potential. Other potential income from short-term rental. Photos show inside of 1335 and 1337 which was recently refurbished. All units are same floor plan. Please do not go on the property or disturb residents!

Last Agent to Sell the Property

Kathi Herman

eXp Realty of Southern California, Inc. License #01973299 Listed on: 12/03/2021

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Andrew Blough

Mpowered Real Estate License #01350311

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 6,251 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Partially Fenced Property
  • Rectangular Lot
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Second Garage
  • Public Parking
  • Rear-Facing Garage
  • Tandem Uncovered Parking
  • Single Garage Door
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Wood Frame Window
  • Living Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Granite Countertops
  • Formica Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Location

  • Urban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 9 / 199
  • Tax Tract Number 854
  • Assessor Parcel Number 4230820500
  • $38 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units
  • Pacific Beach Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Bike Trail

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $636
  • Insurance Expense $3,600
  • Water Sewer Expense $1,380
  • Operating Expense $5,616
  • Gross Income $68,829
  • Net Operating Income $63,213

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer and Dryer in common laundry room.
  • Price Per Unit: 566667
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Pacific Beach
  • View: No
  • Water Sewer Expenses: 1380.00
  • Zoning: R3
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 4230820500
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Granite Counters, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Levels: One, Two
  • Price Per Square Foot: 1315.98
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Blinds, Wood Frames

Exterior Features

  • Foundation: Slab
  • Other Structures: Second Garage Detached, Storage
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Paved, Garage Faces Rear, Garage - Single Door, Off Street, Public, Street, Tandem Uncovered, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area, Community, Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Sprinkler System, Sprinklers Timer, Utilities - Overhead
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 420 Square Feet
  • Electric Expense: 636.00
  • Gross Income: 68829.00
  • Gross Operating Income: 68829.00
  • Gross Scheduled Income: 68829.00
  • Insurance Expense: 3600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6251.0000 Square Feet
  • Net Operating Income: 63213.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 5616.00
  • Other Income Description: $400 potential for garages
  • Rent Control: Yes
  • Total Actual Rent: 5725.00
  • Total Expenses: 5616.00

Tax Info

  • Tax Block: 199
  • Tax Census Tract: 79.03
  • Tax Lot: 9
  • Tax Tract Number: 854
  • TaxOtherAnnualAssessmentAmount: 38.00

Range of Values:

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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 Change Sq Ft Price
02/10/2022 02/10/22 Sold $1,658,135 -2.5% $1,316 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/03/2021 12/03/21 For Sale $1,700,000 -- $1,349 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Kathi Herman

    eXp Realty of Southern California, Inc.

    Section Image
  • Andrew Blough

    Buyer's Agent in 2022

    Andrew Blough

    Mpowered Real Estate

    (619) 885-1843

    1 in this area

    36 Total Sales

    Andrew Blough
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW21258415

California Regional Multiple Listing Service (CRMLS)
California San Diego County San Diego 92109 Pacific Beach

1333 Felspar St Unit 33-37, San Diego, CA

This home is located at 1333 Felspar St Unit 33-37, San Diego, CA 92109 since 03 December 2021. This property was built in 1960. 1333 Felspar St Unit 33-37 is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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