NOT LISTED FOR SALE

1462-64 Sunset Cliffs Blvd San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $1,350,000 - $1,737,000

4 Beds
2 Baths
1,400 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $1,280,000 $914 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $9,057/month

51 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • 1-Story Property
  • Sunset View Elementary School Rated A

About This Home

As of January 2024

Wonderful Duplex and Outstanding Location just 3 properties away from the Ocean Front in Sunset Cliffs, Ocean Beach! Fabulous opportunity with many possibilities. Perfect for an Owner to fix-up and live in one unit, or both units and make it a spectacular Home that is a 2 minute walk to the Ocean Front. Also a great opportunity for an Investor/Developer to remodel/rebuild and increase the value substantially. Tenants are on a month to month lease and are way below market rent. Tremendous Investment with upside!

Last Agent to Sell the Property

Greg Flaherty

Penny Realty License #01073434 Listed on: 11/01/2023

Last Buyer's Agent

Mark Jwala

Century 21 Affiliated License #02043750

Century 21 Affiliated

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,410

Year Built

  • Built in 1946

Lot Details

  • 3,681 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 4482421800

Community Details

Overview

  • 2 Units
  • 1462 64 Sunset Cliffs Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $32,408

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,410

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Pescadero Drive
  • Neighborhood: Ocean Beach
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1946
  • 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: Full
  • Roof: Composition

Utilities

  • Water: Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 1462-64 Sunset Cliffs
  • Pets Allowed: Yes
  • Community: OCEAN BEACH
  • Manager Name: Penny Realty
  • Manager Phone: 858-272-3900

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Assessor Parcel Number: 4482421800
  • Estimated Lot Sq Ft: 3681

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 32408
  • Annual Expense Actual: 6352
  • Gross Rent Multiplier Actual: 34.0
  • Gross Rent Multiplier Projected: 24.0
  • Gross Sched Income Actual: 38760
  • Gross Sched Income Projected: 55200
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 1
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 24, 2024
Sold by
Maaz Salwa
Bought by
Maaz Mike
Seller's Agent
Greg Flaherty
Penny Realty
Buyer's Agent
Mark Jwala
Century 21 Affiliated
List Price
$1,325,000
Sold Price
$1,280,000
Premium/Discount to List
-$45,000
-3.4%
Total Days on Market
51
Views
306
Current Estimated Value
$1,562,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,913
Avg. Annual Appreciation
15.94%
Original Mortgage
$768,000
Outstanding Balance
$758,067
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$804,846

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 28, 2023
Sold by
Klinkowski Peter R
Bought by
Maaz Mike
Seller's Agent
Greg Flaherty
Penny Realty
Buyer's Agent
Mark Jwala
Century 21 Affiliated
List Price
$1,325,000
Sold Price
$1,280,000
Premium/Discount to List
-$45,000
-3.4%
Views
306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,000
Outstanding Balance
$758,067
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$804,846

Purchase Details

Closed on
Aug 15, 1984
Bought by
Klinkowski Peter R
Source: Public Records

Similar Homes in San Diego, CA

  • 4614 Larkspur St, San Diego, CA 92107

    $1,695,000

    • 4 Beds
    • 3 Baths
    • 1,425 Sq Ft
    • 4614 Larkspur St
    • San Diego, CA

    DON'T MISS IT! Live the ultimate beach lifestyle with this incredible investment opportunity in the heart of Ocean Beach! Just minutes from the sand, surf, and the famous Dog Beach, this property offers two well-appointed units plus major upside potential. The front bungalow is a charming 2-bedroom, 1-bath with an attached garage—completely turnkey and ready for immediate occupancy. In the back,

    Lanz Correia Coldwell Banker West

    Section Image
  • 3146-48 Jemez Dr, San Diego, CA 92117

    $1,200,000

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft
    • 3146-48 Jemez Dr
    • San Diego, CA

    Unlock a smart investment in highly desirable North Clairemont! This meticulously cared-for duplex offers immediate income potential with tenants who treat their units like their own. Situated in a sought-after location, you will appreciate the easy access to schools, convenient shopping, diverse restaurants, major highways, and public transportation. From the curb, this property exudes pride of

    Jim Field Century 21 Affiliated

    Section Image
  • 4727 Choctaw Dr, San Diego, CA 92115

    $1,350,000

    • 5 Beds
    • 3 Baths
    • 4727 Choctaw Dr
    • San Diego, CA

    Great opportunity to possibly build 12 units on this great College area in San Diego in the opportunity zone, near San Diego State university, contact the zoning department. Current home has 3 units. 1) 2 bed 1 bath, 2) 3 bed/2 bath and 3) a studio. building is 2455 sq. ft. plus the studio, Lot is 7420 sq. ft. The College area is said to be one of the most popular place for investment. On this

    Carolina Juarez Berkshire Hathaway HomeServices California Properties

    Section Image
  • 4781 Long Branch Ave, San Diego, CA 92107

    $1,650,000

    • 3 Beds
    • 3 Baths
    • 1,314 Sq Ft
    • 4781 Long Branch Ave
    • San Diego, CA

    TRIPLEX!! Income-Producing Triplex in Ocean Beach! Located just off Sunset Cliffs and a few blocks from the beach, this prime Ocean Beach property offers the ultimate coastal lifestyle, within walking distance to local restaurants, coffee shops, and everything OB has to offer. This fully occupied, meticulously maintained triplex is an ideal investment opportunity. In 2022, the property underwent

    Edith Salas Salas Properties

    Section Image
  • 4570 Muir Ave, San Diego, CA 92107

    $1,425,000

    • 2 Beds
    • 2 Baths
    • 4570 Muir Ave
    • San Diego, CA

    For Sale: Renovated Duplex in Ocean Beach – 4570 & 4572 Muir Ave, San Diego, CA 92107 Discover this charming duplex in the heart of Ocean Beach, offering two beautifully updated 1-bedroom, 1-bathroom homes on one shared parcel. These single-story units blend classic coastal character with modern finishes, making them ideal for an investor, a family, or owner-occupant seeking rental income. Each

    Derek Stattin Stattin

    Section Image
  • 4341-43 Banning St, San Diego, CA 92107

    $1,695,000

    • 5 Beds
    • 3 Baths
    • 1,832 Sq Ft
    • 4341-43 Banning St
    • San Diego, CA

    This 3-unit property in Ocean Beach offers a rare chance to own in one of San Diego’s most desirable and supply-constrained coastal markets. It features two updated 2-bed/1-bath units and one unrenovated 1-bed/1-bath unit—offering immediate value-add potential through renovation and market-rate leasing. Zoned RM-2-5, the property includes an attached garage with possible ADU or expansion

    Joseph Silva CCG RE Investment Services Inc

    Section Image
  • 3830-40 Tennyson St, San Diego, CA 92107

    $1,550,000

    • 3 Beds
    • 2 Baths
    • 1,350 Sq Ft
    • 3830-40 Tennyson St
    • San Diego, CA

    Sweet beach opportunity! Adorable property with 2 detached houses that are separately metered for gas, electricity & water, a detached garage, off street parking, private yards, dual paned windows & HVAC. Both houses are in excellent condition. 3830 has wood floors, updated kitchen & bath, large bedrooms, walk in close, off-street parking & private laundry & yard. 3840 has vinyl plank flooring,

    Catrina Russell Coldwell Banker West

    Section Image
  • 822 Capistrano Place, San Diego, CA 92109

    $1,835,000

    • 3 Beds
    • 2 Baths
    • 1,595 Sq Ft
    • 822 Capistrano Place
    • San Diego, CA

    Charming beach duplex steps to Mission Bay/Boardwalk & 1.5 blocks to ocean. Quiet street halfway between the jetty & Belmont Park. Downstairs 2BD/1BA ~900sf renovated beach cottage with large patio. Spacious updated kitchen, cozy living & dining rooms w/brick fireplace & gorgeous new bathroom. Available furnished. 1BD/1BA 695sf unit with bonus dining/office sits above carport. Bright with vaulted

    Jorie Fischer eXp Realty of California, Inc.

    Section Image
  • 817-817 1/2 Ormond Ct, San Diego, CA 92109

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 817-817 1/2 Ormond Ct
    • San Diego, CA

    Prime location steps to the bay and beach! 2 detached units with separate gas and elect services. Front Unit is 3 bed, 1 bath wood frame cottage with private patio yard. Rear unit is 1 bed, 1, bath masonry construction, with fresh interior paint, ready to rent. Rear unit entry is off ally and front. Shared washer dryer between units. This is a great opportunity renovate or use as is.

    Joeseph Ghio Coldwell Banker West

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maaz Mike -- Chicago Title
Maaz Mike $1,280,000 Chicago Title
Klinkowski Peter R $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maaz Mike $768,000
Previous Owner Klinkowski Peter R $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $1,280,000 -3.4% $914 / Sq Ft
12/23/2023 12/23/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $1,325,000 -- $946 / Sq Ft
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 $3,410 $274,768 $189,512 $85,256
2023 $3,334 $269,382 $185,797 $83,585
2022 $3,246 $264,101 $182,154 $81,947
2021 $3,224 $258,924 $178,583 $80,341
2020 $3,185 $256,270 $176,752 $79,518
2019 $3,129 $251,246 $173,287 $77,959
2018 $2,926 $246,321 $169,890 $76,431
2017 $2,857 $241,492 $166,559 $74,933
2016 $2,810 $236,758 $163,294 $73,464
2015 $2,769 $233,203 $160,842 $72,361
2014 $2,726 $228,636 $157,692 $70,944
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230021534

San Diego MLS

APN: 448-242-18