NOT LISTED FOR SALE

1462-64 Sunset Cliffs Blvd San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $1,505,914 - $1,616,000

4 Beds
2 Baths
1,400 Sq Ft
$1,109/Sq Ft Est. Value

Last Sold January 29, 2024

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

Est. 21% increase in value since last sale

Current estimated payment $8,547/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%
Views
306
Current Estimated Value
$1,552,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,479
Avg. Annual Appreciation
12.17%
Original Mortgage
$768,000
Outstanding Balance
$754,560
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$797,919

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
$754,560
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$797,919

Purchase Details

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

Range of Values:

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Average Value
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List Price
Sold Price
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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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $3,410 $1,305,600 $1,213,800 $91,800
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

  • Greg Flaherty

    Seller's Agent in 2024

    Greg Flaherty

    Penny Realty

    (858) 692-0185

    1 in this area

    39 Total Sales

    Greg Flaherty
    Section Image
  • Mark Jwala

    Buyer's Agent in 2024

    Mark Jwala

    Century 21 Affiliated

    (858) 309-2393

    3 in this area

    27 Total Sales

    Mark Jwala
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230021534

San Diego MLS

APN: 448-242-18

California San Diego County San Diego 92107 Ocean Beach

1462-64 Sunset Cliffs Blvd, San Diego, CA

This home is located at 1462-64 Sunset Cliffs Blvd, San Diego, CA 92107 since 01 November 2023 and is currently estimated at $1,552,479, approximately $1,108 per square foot. This property was built in 1946. 1462-64 Sunset Cliffs Blvd is a home located in San Diego County with nearby schools including Sunset View Elementary School, Richard Henry Dana Middle School, and Correia Middle School.

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