NOT LISTED FOR SALE

Estimated Value: $6,455,000 - $6,724,000

4 Beds
5 Baths
5,343 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $6,000,000 $1,123 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $41,271/month

12 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Property is Fully Fenced
  • Ocean Beach Elementary School Rated A
  • Bluff on Lot
  • Level Lot

About This Home

As of March 2023

This incredible mid-century modern compound is a once in a lifetime opportunity. Architecturally designed in 1964, this wood & glass home features walls of glass, 150' of ocean frontage, panoramic views spanning over 180 degrees & excellent sea wall seclusion. Extensive use of slate, high pile shag, massive fireplace, award winning gourmet kitchen, sunken bar, sparkling pool, 3 car garage, copper roof, separate apartment & wrap around view decks. PANORAMIC ocean & coastline views. Main home is 3br/3.5ba & apartment is a 1br/1ba townhome. Sunsets, waves crashing, night lights & a cove beach at your feet. Every once in a while, a home comes along that embodies everything good in life, and it could be yours! You will fall in love the minute you walk into this impressive mid-century modern masterpiece. Architecturally designed in 1964, this wood & glass home features walls of glass & sliders overlooking the Pacific ocean from all sides of the property. The extensive use of slate, high pile shag wool carpeting, award winning gourmet kitchen, an elevator, a sparkling pool and a separate ocean view apartment are just a few special features of this home. Clocking in at over 5300 square feet, there is no lack of space. Expansive rooms and expansive views go hand in hand. The main home features 3 bedrooms, 3.5 baths, a gourmet ocean view kitchen that was previously voted San Diego Kitchen of the Year with high end appliances, amazing views from the living & family rooms, raised dining room, a sunken ocean view bar, an elevator, a massive fireplace, vaulted ceilings and an attached 3 car garage. Each bedroom features an ensuite bath. It is a perfect mixture of updates and original features left intact. The romantic primary bedroom has 180 degree panoramic views, walls of closets, a kitchenette, amazing shower overlooking the views, electric blinds and access to wrap around view decks. Wake up and fall asleep to the sounds of the ocean. Or lie in bed and watch the pelicans swoop down, hear the waves crash, watch the sunset or enjoy the night lights. In addition to the main home, there is a 1 bedroom townhome style apartment that also has walls of glass overlooking the Pacific. This added bonus features a full kitchen with newer appliances, newer vinyl flooring, fresh paint, a new furnace & water heater, a cedar lined closet, separate utilities & private laundry hookups. It makes an excellent rental or guest house. You may want to guests to stay here because once they come, they won’t ever want to leave! It is the most expansive view I have ever seen on Sunset Cliffs and it features an unheard of 150 feet of frontage perched directly on the cliffs overlooking the ocean. Views from the Channel Islands in the south to the Catalina Islands in the north. The sparkling pool has a pebble tech finish, is secluded from the elements, has a fireplace, an outdoor shower and spiral staircase to an ocean view deck. Sunsets, tide pools & a cove beach at your feet can be enjoyed from all areas of the home and the decks that wrap around the entire property. Everyone once in a while, a home comes along that embodies everything good about life and an era gone by. You can almost imagine the memories made here. Entertaining family & friends, watching the sunset, drinking martinis by the sunken bar and around the fireplace & loving every minute of it! New memories are yet to be made here. Maybe they should be yours! Just blocks to restaurants, cafes & the OB Pier, yet you are extremely secluded & private. This legacy property is truly a once in a lifetime opportunity! If you want to live your very best life, then you want to get here quick. This is a VERY special offering and an opportunity that won’t come again soon.

Last Agent to Sell the Property

Catrina Russell

Coldwell Banker West License #01229742 Listed on: 01/24/2023

Coldwell Banker West

Last Buyer's Agent

Monroe Herington

STEVEN H KRUIS License #01930053

STEVEN H KRUIS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $75,192

Year Built

  • 1964

Lot Details

  • 5,635 Sq Ft Lot
  • Ocean Front
  • Property is Fully Fenced
  • Bluff on Lot
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • Panoramic
  • City Lights

Home Design

  • Wood Siding

Pool

  • In Ground Pool
  • Gas Heated Pool

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Drip Irrigation
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 448-061-05-00

Community Details

Overview

  • 2 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$75,192

Year Built

1964

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Santa Cruz
  • Neighborhood: Sunset Cliffs
  • Supplement: You will fall in love the minute you walk into this impressive mid-century modern masterpiece. Architecturally designed in 1964, this wood & glass home features walls of glass & sliders overlooking the Pacific ocean from all sides of the property. The extensive use of slate, high pile shag wool carpeting, award winning gourmet kitchen, an elevator, a sparkling pool and a separate ocean view apartment are just a few special features of this home. Clocking in at over 5300 square feet, there is no lack of space. Expansive rooms and expansive views go hand in hand. The main home features 3 bedrooms, 3.5 baths, a gourmet ocean view kitchen that was previously voted San Diego Kitchen of the Year with high end appliances, amazing views from the living & family rooms, raised dining room, a sunken ocean view bar, an elevator, a massive fireplace, vaulted ceilings and an attached 3 car garage. Each bedroom features an ensuite bath. It is a perfect mixture of updates and original features left intact. The romantic primary bedroom has 180 degree panoramic views, walls of closets, a kitchenette, amazing shower overlooking the views, electric blinds and access to wrap around view decks. Wake up and fall asleep to the sounds of the ocean. Or lie in bed and watch the pelicans swoop down, hear the waves crash, watch the sunset or enjoy the night lights. In addition to the main home, there is a 1 bedroom townhome style apartment that also has walls of glass overlooking the Pacific. This added bonus features a full kitchen with newer appliances, newer vinyl flooring, fresh paint, a new furnace & water heater, a cedar lined closet, separate utilities & private laundry hookups. It makes an excellent rental or guest house. You may want to guests to stay here because once they come, they won’t ever want to leave! It is the most expansive view I have ever seen on Sunset Cliffs and it features an unheard of 150 feet of frontage perched directly on the cliffs overlooking the ocean. Views from the Channel Islands in the south to the Catalina Islands in the north. The sparkling pool has a pebble tech finish, is secluded from the elements, has a fireplace, an outdoor shower and spiral staircase to an ocean view deck. Sunsets, tide pools & a cove beach at your feet can be enjoyed from all areas of the home and the decks that wrap around the entire property. Everyone once in a while, a home comes along that embodies everything good about life and an era gone by. You can almost imagine the memories made here. Entertaining family & friends, watching the sunset, drinking martinis by the sunken bar and around the fireplace & loving every minute of it! New memories are yet to be made here. Maybe they should be yours! Just blocks to restaurants, cafes & the OB Pier, yet you are extremely secluded & private. This legacy property is truly a once in a lifetime opportunity! If you want to live your very best life, then you want to get here quick. This is a VERY special offering and an opportunity that won’t come again soon.
  • Miscellaneous: Elevators/Stairclimber
  • Stories: 2 Story
  • Sale Price List Price: 1.02
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Frontage: Ocean/Bluff
  • Pool: Below Ground, Private
  • Pool Heat: Gas
  • View: City, Evening Lights, Ocean, Panoramic, Panoramic Ocean

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OCEAN BEACH
  • Complex Features: Pool

Lot Info

  • Irrigation: Drip
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, West of I-5
  • Topography: Bluff/Canyon Rim, Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-061-05-00
  • Estimated Lot Sq Ft: 5635

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2023
Closed on
Feb 9, 2023
Sold by
Jay Kahn Trust
Bought by
Luxury Sunset Properties Llc
Seller's Agent
Catrina Russell
Coldwell Banker West
Buyer's Agent
Monroe Herington
STEVEN H KRUIS
List Price
$5,900,000
Sold Price
$6,000,000
Premium/Discount to List
$100,000
1.69%
Views
231
Current Estimated Value
$6,602,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,393
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Kahn Jay B
Bought by
Kahn Jay
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Luxury Sunset Properties Llc $6,000,000 Fidelity National Title
Kahn Jay -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2023 03/08/23 Sold $6,000,000 0.0% $1,123 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/06/2023 02/06/23 Off Market $6,000,000 -- --
01/24/2023 01/24/23 For Sale $5,900,000 -- $1,104 / 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 $75,192 $6,242,400 $5,410,080 $832,320
2024 $75,192 $6,120,000 $5,304,000 $816,000
2023 $67,414 $323,256 $110,788 $212,468
2022 $3,880 $323,256 $110,788 $212,468
2021 $3,852 $316,918 $108,616 $208,302
2020 $3,805 $313,670 $107,503 $206,167
2019 $3,736 $307,521 $105,396 $202,125
2018 $3,492 $301,492 $103,330 $198,162
2017 $80 $295,581 $101,304 $194,277
2016 $3,351 $289,786 $99,318 $190,468
2015 $3,300 $285,434 $97,827 $187,607
2014 $3,248 $279,844 $95,911 $183,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230001542

San Diego MLS

APN: 448-061-05