NOT LISTED FOR SALE
6 Beds
3 Baths
-- Sq Ft
6,874 Sq Ft Lot

Last Sold July 30, 2014

Last sale price $1,005,000

2 Days on Market

Highlights

  • Laundry Facilities
  • Property is Fully Fenced
  • Level Lot
  • Pacific Beach Elementary School Rated A-

About This Home

As of July 2014

Superior Pacific Beach investment property opportunity. Long term month-to-month tenants. Three two bedroom/one bath units. Fresh exterior paint plus many other recent improvements. Property includes a pleasant and private courtyard area, laundry room, two one car garages, five parking spaces plus additional driveway parking. Low maintenance yard, separate electric meters. Near beach, bay, shopping, schools, freeway & parks. This well maintained property has a huge upside potential.

Last Agent to Sell the Property

Ken Davis

K D R E License #01025892 Listed on: 06/23/2014

Last Buyer's Agent

Quinn Myers

PURE San Diego License #01904636

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,874 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

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

Utilities

  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, hot water
  • Assessor Parcel Number 416-421-18-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Diamond Street Apartments Community

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Jewell
  • Neighborhood: North Pacific Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Complex Name: Diamond Street Apartments
  • Community: PACIFIC 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

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Public Street
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R3
  • Assessor Parcel Number: 416-421-18-00
  • Land Use Code: R3
  • Estimated Lot Sq Ft: 6874
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: B
  • Map Code Page: 1248
  • Map Code Row: 6

Rental Info

  • Tenant Pays: Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 3
  • Annual Expense Actual: 15208
  • Gross Rent Multiplier Actual: 19.1
  • Gross Rent Multiplier Projected: 16.8
  • Gross Sched Income Actual: 52140
  • Gross Sched Income Projected: 59400
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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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
07/30/2014 07/30/14 Sold $1,005,000 +0.6% --
06/25/2014 06/25/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $999,000 -- --
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: 140033902

San Diego MLS

APN: 416-421-08-00