NOT LISTED FOR SALE
5 Beds
4 Baths
3,100 Sq Ft
6,098 Sq Ft Lot

Last Sold April 06, 2018

Last sale price $1,650,000 $532 Per Sq Ft

3 Days on Market

Highlights

  • Fireplace
  • Floor Furnace
  • Level Lot
  • Sessions Elementary School Rated A-
  • Partially Fenced Property

About This Home

As of April 2018

Unique investment opportunity to own two detached homes on one lot in North Pacific Beach! Both homes have their own 2 car garages, laundry rooms, and yards. Front house is a bungalow style 2bed/1bath approx. 1,00sqft with private large front yard, long drive way with off street parking. Back house is a newer 3 bed/2.5 bath approx. 2,000/sqft.This house has been recently updated and includes an office, wrap around patio, direct access 2 car garage, and outdoor shower.

Last Agent to Sell the Property

Eric Jauch

B D Holdings Inc License #01887580 Listed on: 02/22/2018

Co-Listed By

Jake David Holker

B D Holdings Inc License #01963445

Last Buyer's Agent

Brent Hoag

Brent Hoag Mba, Cpa License #00901620

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Clay Roof

Interior Spaces

  • 2-Story Property
  • Fireplace

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Heating System Uses Wood
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for sewer, water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 416-412-04-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ingraham
  • Neighborhood: Pacific Beach
  • LP / Sq Ft: 25.73
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Total Stories: 2
  • Year Built: 1972
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition, Tile/Clay

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Floor Furnace, Forced Air Unit

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access
  • Topography: Level
  • Assessor Parcel Number: 416-412-04-00

Rental Info

  • Tenant Pays: Sewer, Water, Cable TV, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 13200
  • Annual Expense Actual: 15000
  • Annual Expense Projected: 25000
  • Gross Rent Multiplier Actual: 63.0
  • Gross Rent Multiplier Projected: 19.0
  • Gross Sched Income Actual: 2820
  • Gross Sched Income Projected: 93000
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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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
04/06/2018 04/06/18 Sold $1,650,000 -5.7% $532 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/22/2018 02/22/18 For Sale $1,749,900 -- $564 / 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: 180009318

San Diego MLS

APN: 416-412-04-00