NOT LISTED FOR SALE

1449 Felspar St San Diego, CA 92109

Pacific Beach Neighborhood
11 Beds
11 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $3,350,000

83 Days on Market

Highlights

  • Gated Community
  • Pacific Beach Elementary School Rated A-
  • Property is Fully Fenced

About This Home

As of August 2024

1449-1455 Felspar this is the West Building and is mirror image of the East Building which is also for sale. They have seperate parcel numbers. Four large units 3 townhome style one single level. Very large units, Two 3 bed 2.5 bath (1357 sq ft each ) One 3 bed 2 bath (1228 sq ft ) and One 2 bed 2 bath (1344 sq ft). Featuring balconies and large patios . Great parking 3 units have 2 car tandem garages, the 4th unit has a single garage and an under cover space. All of the units have full size washer dryers and fireplaces. Upstairs they have vaulted ceilings . One was completely remodelled . Total building square feet approx 5250 ( large units ). Very attractive hard to come by building. Do not go on the property and disturb the tenants. This is a great deal just reduced and had fallen out of escrow !! Big big price reduction !!! Townhome quality, best location! Can do rate buy down ? Some Ocean views, tenants walk to beach from here !!

Last Agent to Sell the Property

Jill Sellers

Advantage Team Real Estate License #00930245 Listed on: 05/28/2024

Last Buyer's Agent

Alonzo Steele

Pacific Sotheby's Int'l Realty License #02005000

Pacific Sotheby's Int'l Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1990

Lot Details

  • 6,098

Home Design

  • Clay Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 423-091-23-00

Community Details

Overview

  • 4 Units
  • Pacific Beach Community

Additional Features

  • Net Operating Income $158,910
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Fanuel
  • Neighborhood: Pacific Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1990
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Tile/Clay

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Complex Name: Pacific Beach
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 423-091-23-00

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 158910
  • Annual Expense Actual: 24570
  • Gross Rent Multiplier Actual: 19.07
  • Gross Rent Multiplier Projected: 15.3
  • Gross Sched Income Actual: 183480
  • Gross Sched Income Projected: 234000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Range of Values:

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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 Change Sq Ft Price
08/30/2024 08/30/24 Sold $3,350,000 0.0% --
08/20/2024 08/20/24 Pending -- -- --
07/12/2024 07/12/24 Price Changed $3,350,000 -6.7% --
07/09/2024 07/09/24 For Sale $3,590,000 0.0% --
06/21/2024 06/21/24 Pending -- -- --
05/28/2024 05/28/24 For Sale $3,590,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jill Sellers

    Advantage Team Real Estate

    (619) 804-8304

    3 in this area

    11 Total Sales

    Jill Sellers
    Section Image
  • Alonzo Steele

    Buyer's Agent in 2024

    Alonzo Steele

    Pacific Sothebys

    (858) 336-9769

    2 in this area

    8 Total Sales

    Alonzo Steele
    Section Image
  • Maria Paula Woods

    Buyer Co-Listing Agent in 2024

    Maria Paula Woods

    Pacific Sothebys

    (619) 496-1250

    2 in this area

    10 Total Sales

    Maria Paula Woods
    Section Image
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Map

Source: San Diego MLS

MLS Number: 240011869

San Diego MLS

APN: 423-091-06-00

California San Diego County San Diego 92109 Pacific Beach

1449 Felspar St, San Diego, CA

This home is located at 1449 Felspar St, San Diego, CA 92109 since 28 May 2024. This property was built in 1990. 1449 Felspar St is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

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