NOT LISTED FOR SALE
4 Beds
4 Baths
1,920 Sq Ft
6,740 Sq Ft Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $2,350,000 $1,224 Per Sq Ft

Highlights

  • 0.16 Acre Lot
  • Corner Lot
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A
  • Property is Fully Fenced
  • 1-Story Property

About This Home

As of December 2021

Rarely available 4-plex in A+ South OB location! This trophy property features four 1br/1ba units, four garages, on-site laundry, private yards, lush landscaping, updated plumbing & drain lines, dual paned vinyl windows, on-site laundry & hardwood floors. Great floorplans & extra large yards appeal to quality tenants. Just 100 paces the Sunset Cliffs, Santa Cruz beach and just blocks to dining, nightlife, cafes and sandy beaches. Long term tenants love the quality of life here. This is a good one!

Last Agent to Sell the Property

Catrina Russell

Coldwell Banker West License #01229742 Listed on: 12/01/2021

Coldwell Banker West

Last Buyer's Agent

Chris Siedenburg

ACI Apartments License #01907828

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,740 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

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

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 448-171-01-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

6,740 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Santa Cruz
  • Neighborhood: South OB
  • Stories: 1 Story
  • Sale Price List Price: 1.07
  • 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: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: OCEAN BEACH
  • Manager Name: Hammer Real Estate

Lot Info

  • Irrigation: Automatic
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-171-01-00
  • Estimated Lot Sq Ft: 6740
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.16

Rental Info

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

Multi Family

  • No. of Units: 4
  • Gross Rent Multiplier Actual: 24.0
  • Number Of Buildings: 2
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2023
Sold by
Bought by

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 15, 2021
Sold by
Bought by
Seller's Agent
Catrina Russell
Coldwell Banker West
Buyer's Agent
Chris Siedenburg
ACI Apartments
List Price
$2,195,000
Sold Price
$2,350,000
Premium/Discount to List
$155,000
7.06%

Purchase Details

Closed on
Apr 14, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 1986
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$2,350,000 Fidelity Natl Ttl San Diego
$1,000,000 Equity Title San Diego
-- First American Title Co
-- --
$525,000 Fidelity National Title
-- First American Title
-- First American Title
$400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,200,000
Previous Owner $688,000
Previous Owner $750,000
Previous Owner $630,000
Previous Owner $481,000
Previous Owner $402,000
Previous Owner $396,000
Previous Owner $144,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $2,350,000 +7.1% $1,224 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $2,195,000 -- $1,143 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $26,848 $2,543,687 $2,327,203 $216,484
2025 $30,072 $2,100,000 $1,900,000 $200,000
2024 $30,072 $2,444,940 $2,236,860 $208,080
2023 $29,409 $2,397,000 $2,193,000 $204,000
2022 $28,627 $2,350,000 $2,150,000 $200,000
2021 $14,701 $1,189,686 $1,011,238 $178,448
2020 $14,523 $1,177,488 $1,000,869 $176,619
2019 $14,264 $1,154,401 $981,245 $173,156
2018 $13,335 $1,131,766 $962,005 $169,761
2017 $13,018 $1,109,576 $943,143 $166,433
2016 $12,810 $1,087,820 $924,650 $163,170
2015 $12,621 $1,071,481 $910,761 $160,720
2014 $12,422 $1,050,493 $892,921 $157,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210032386

San Diego MLS
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