NOT LISTED FOR SALE

1420-24 Pacific Beach Dr San Diego, CA 92109

Pacific Beach Neighborhood
6 Beds
3 Baths
-- Sq Ft
1974 Built

Last Sold April 12, 2019

Last sale price $1,600,000

9 Days on Market

Highlights

  • Floor Furnace
  • Laundry Facilities
  • Level Lot
  • Crown Point Junior Music Academy Rated A-
  • Gated Home
  • 4-minute walk to Crown Point Dog Park

About This Home

As of April 2019

This rare opportunity to own a 3 Unit Pacific Beach Drive complex WON’T LAST LONG! The 3 units are, 2 bed 1 bath units with private outdoor patio space, attached 1 car garages, on site laundry and great floor plans. The lot is 8,580 sq feet and offers off street parking. This is a great opportunity for re-development, or to upgrade the units to maximize their full rental potential or for an investor seeking a pride of ownership asset with low maintenance and strong cash flow. High income growth potential This offering is perfect for the investor seeking a pride of ownership asset with low maintenance and strong cash flow. All units have high income growth potential as the current rents were below market value. Call Nazare' Judd to schedule private showing 619-804-1825

Last Agent to Sell the Property

Nazare Judd

Coldwell Banker West License #01501938 Listed on: 03/11/2019

Coldwell Banker West

Last Buyer's Agent

Nazare Judd

Coldwell Banker West License #01501938 Listed on: 03/11/2019

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • Gated Home
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Utilities

  • Floor Furnace
  • Separate Water Meter
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 423-282-14-00

Community Details

Overview

  • 3 Units
  • Pacific Beach Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $26,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Riviera Drive
  • Neighborhood: Pacific Beach
  • Supplement: This offering is perfect for the investor seeking a pride of ownership asset with low maintenance and strong cash flow. All units have high income growth potential as the current rents were below market value. Call Nazare' Judd to schedule private showing 619-804-1825
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1974
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate, Partial
  • Roof: Composition

Utilities

  • Water: Meter on Property
  • Water Heater Type: Electric
  • Heat Equipment: Floor Furnace

Condo/Co-op/Association

  • Complex Name: Pacific Beach
  • Community: PACIFIC BEACH
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Topography: Level
  • Assessor Parcel Number: 423-282-14-00

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 26400
  • Annual Expense Actual: 24000
  • Gross Rent Multiplier Actual: 31.7
  • Gross Sched Income Actual: 50400
  • Number Of Buildings: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 300

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
04/12/2019 04/12/19 Sold $1,600,000 0.0% --
03/21/2019 03/21/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $1,600,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Nazare Judd

    Seller's Agent in 2019

    Nazare Judd

    Coldwell Banker West

    (619) 804-1825

    9 Total Sales

    Nazare Judd
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Map

Source: San Diego MLS

MLS Number: 190013212

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

1420-24 Pacific Beach Dr, San Diego, CA

This home is located at 1420-24 Pacific Beach Dr, San Diego, CA 92109 since 11 March 2019. This property was built in 1974. 1420-24 Pacific Beach Dr is a home located in San Diego County with nearby schools including Crown Point Junior Music Academy, Pacific Beach Middle, and Mission Bay High School.

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