NOT LISTED FOR SALE
5 Beds
4 Baths
-- Sq Ft
6,251 Sq Ft Lot

Last Sold October 25, 2012

Last sale price $829,000

7 Days on Market

Highlights

  • Laundry Facilities
  • Gated Home
  • West of 5 Freeway
  • Crown Point Junior Music Academy Rated A-
  • Level Lot

About This Home

As of October 2012

Solid Investment Property in the heart of Pacific Beach. Charming 2 bed/2 bath house in front with large off street parking space. Rear building consists of a 2 bed/1 bath and a separate 1 bed/1 bath apartment. Garage parking for both rear units. Very large grassy yard space between Home and rear apartments, perfect for summer-time BBQ's and family get-togethers. Fabulous investment property, or ideal for an owner in the front house and collect income on two apartments. Below market rents have upside. Public Records do not have any reference to age of buildings. Owner is not sure, but believes orignal front House was built in the early 1940's and rear building was constructed in 1957. Buyer to verify all.

Last Agent to Sell the Property

Greg Flaherty

Penny Realty License #01073434 Listed on: 09/09/2012

Last Buyer's Agent

Florence Hachisu

ERA Ranch & Sea Realty License #01019457

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,251 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof

Location

  • West of 5 Freeway

Utilities

  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 424-171-19-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Net Operating Income $36,684

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Kendall
  • Neighborhood: Pacific Beach
  • Supplement: Public Records do not have any reference to age of buildings. Owner is not sure, but believes orignal front House was built in the early 1940's and rear building was constructed in 1957. Buyer to verify all.
  • Sale Price List Price: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Available
  • Water: Available
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Pets Allowed: No Pets Allowed
  • Community: PACIFIC BEACH
  • Complex Features: Laundry Facilities, Pet Restrictions
  • Manager Name: Penny Realty
  • Manager Phone: 858-272-3900

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 424-171-19-00
  • Land Use Code: 413
  • Estimated Lot Dimensions: 50 x 125
  • Estimated Lot Sq Ft: 6251

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 36684
  • Annual Expense Actual: 14466
  • Gross Rent Multiplier Actual: 15.8
  • Gross Rent Multiplier Projected: 14.85
  • Gross Sched Income Actual: 52320
  • Gross Sched Income Projected: 55800
  • Number Of Buildings: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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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
10/25/2012 10/25/12 Sold $829,000 0.0% --
09/13/2012 09/13/12 Pending -- -- --
09/06/2012 09/06/12 For Sale $829,000 -- --
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: 120045710

San Diego MLS

APN: 424-171-19-00