NOT LISTED FOR SALE
4 Beds
2 Baths
-- Sq Ft
3,114 Sq Ft Lot

Last Sold August 11, 2020

Last sale price $900,000

170 Days on Market

Highlights

  • Gated Home
  • Pacific Beach Elementary School Rated A-
  • 1-Story Property

About This Home

As of August 2020

JUST REDUCED! Only a short walk or bike ride to the ocean or the bay. Superior unit mix; both are two bedroom units. Two off-street parking spaces are appreciated by residents. It is nearby to beaches, shopping, restaurants, nightlife and everything else that makes Pacific Beach so desirable. The eight unit property next door is being purchased by a group that intends to make MASSIVE upgrades right after close of escrow.

Last Agent to Sell the Property

Terry Moore

ACI Apartments License #00918512 Listed on: 02/14/2020

Last Buyer's Agent

Gregory Kuchan

Douglas Elliman of California, Inc. License #01977577

Douglas Elliman of California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,114 Sq Ft Lot
  • Gated Home

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 416-401-17-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $26,946

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ingraham and Haines
  • Neighborhood: Pacific Beach
  • LP / Sq Ft: 30.75
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1960
  • 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: Stucco
  • Fencing: Gate
  • Roof: Composition

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 416-401-17-00
  • Estimated Lot Sq Ft: 3114

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 26946
  • Annual Expense Actual: 15678
  • Annual Expense Projected: 15678
  • Gross Rent Multiplier Actual: 20.7
  • Gross Rent Multiplier Projected: 19.4
  • Gross Sched Income Actual: 44400
  • Gross Sched Income Projected: 47460
  • Number Of Buildings: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

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

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $900,000 -2.1% --
08/03/2020 08/03/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $919,000 0.0% --
07/07/2020 07/07/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $919,000 0.0% --
06/16/2020 06/16/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $919,000 -2.1% --
05/01/2020 05/01/20 Price Changed $939,000 -3.1% --
04/14/2020 04/14/20 Price Changed $969,000 -2.4% --
03/10/2020 03/10/20 Price Changed $992,900 -0.1% --
02/20/2020 02/20/20 Price Changed $994,000 -2.5% --
02/14/2020 02/14/20 For Sale $1,019,000 -- --
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: 200007485

San Diego MLS

APN: 416-401-17-00