NOT LISTED FOR SALE
5 Beds
4 Baths
2,300 Sq Ft
6,324 Sq Ft Lot

Last Sold January 10, 2020

Last sale price $1,210,000 $526 Per Sq Ft

41 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Laundry Facilities
  • Sunset View Elementary School Rated A
  • Fireplace
  • Partially Fenced Property

About This Home

As of January 2020

Luxury Live Auction on 12/12/19! Bidding to start from $1,100,000! Luxury Auction is Fast, Easy, Transparent! Submit Market Value Offer Now to STOP Auction! 48 FEET OF BEACHFRONT, UNOBSTRUCTED OCEAN VIEWS. Move into the oceanfront main unit and collect rent on the 2 suites. Two 1 bedroom/1 bath suites and the panoramic ocean view main unit is 3 bedrooms 2 baths, 1400 Sqft. Start collecting rent immediately, tenants are willing to stay. includes up to 3 parking spaces. Plans for new seawall included You CAN buy these views! Remodel or rebuild your dream panoramic ocean view home. 3-unit property totaling 5 bedrooms, 4 bathrooms, and 2,300 sq feet of living space. This is a must see and the possibilities are endless. Luxury auction is Fast, Easy and Transparent.

Last Agent to Sell the Property

Maddox Vic Sripetch

Harcourts Prime Properties License #01997276 Listed on: 10/31/2019

Harcourts Prime Properties

Co-Listed By

Stephanie Sripetch

Harcourts Prime Properties License #01997277

Last Buyer's Agent

Stephanie Sripetch

Harcourts Prime Properties License #01997277

Harcourts Prime Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,324 Sq Ft Lot
  • Beach Front
  • Partially Fenced Property
  • Level Lot

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Ocean Views

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 448-242-04-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • 1484 1486 Community

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Net Operating Income $40,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Sunset Cliffs Blvd
  • Neighborhood: Ocean Beach
  • Supplement: You CAN buy these views! Remodel or rebuild your dream panoramic ocean view home. 3-unit property totaling 5 bedrooms, 4 bathrooms, and 2,300 sq feet of living space. This is a must see and the possibilities are endless. Luxury auction is Fast, Easy and Transparent.
  • LP / Sq Ft: 22.92
  • Stories: 1 Story
  • Sale Price List Price: 1.1
  • Total Stories: 1
  • Year Built: 1910
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Frontage: Ocean/Bluff, Ocean/Sand
  • View: Ocean, Panoramic Ocean

Utilities

  • Water: Meter on Property
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Complex Name: 1484-1486
  • Pets Allowed: Yes
  • Community: OCEAN BEACH
  • Complex Features: Laundry Facilities

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4
  • Assessor Parcel Number: 448-242-04-00
  • Estimated Lot Sq Ft: 6324
  • Water District URL: http://www.ci.san-diego.ca.us/water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 40700
  • Annual Expense Actual: 21000
  • Annual Expense Projected: 15000
  • Gross Rent Multiplier Actual: 18.0
  • Gross Rent Multiplier Projected: 16.0
  • Gross Sched Income Actual: 61700
  • Gross Sched Income Projected: 69000
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 88
  • Other Income Projected: 88.0

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
01/10/2020 01/10/20 Sold $1,210,000 +10.0% $526 / Sq Ft
12/12/2019 12/12/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $1,100,000 -- $478 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190059304

San Diego MLS

APN: 448-242-04-00