NOT LISTED FOR SALE

1860-62 Oliver Ave San Diego, CA 92109

Pacific Beach Neighborhood

Estimated Value: $2,266,000 - $3,128,000

5 Beds
4 Baths
2,767 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold January 08, 2020

Last sale price $1,840,000 $665 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $17,352/month

130 Days on Market

Highlights

  • City Lights View
  • Partially Fenced Property
  • West of 5 Freeway
  • Crown Point Junior Music Academy Rated A-
  • Level Lot

About This Home

As of January 2020

TWO new homes in a great location! COMPLETELY RENOVATED by award winning interior designer! This property has two separate units both featuring timeless Spanish architecture with modern day luxuries, and has 4 garaged parking spaces. 3BR/2½BA Front House with big front yard and courtyard + 2BR/1BA back apartment with deck over the garages! Casita/Workshop + separate laundry room for back apartment. Ideal investment or owner-occupant: live in one and rent the other. Walk to Mission Bay. Major Remodel. New windows, doors, walls, new roof, HVAC, electrical, plumbing, landscaping, irrigation.

Last Agent to Sell the Property

Jonathan Kearney

Compass License #02032787 Listed on: 08/09/2019

Compass

Co-Listed By

Ross Clark

Compass License #01830849

Last Buyer's Agent

Greg Noonan

Berkshire Hathaway HomeServices California Properties License #00655720

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,263

Year Built

  • Built in 2019

Lot Details

  • 6,721 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Clay Roof
  • Stucco Exterior

Utilities

  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • City Lights Views
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 424-241-18-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,263

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Lamont
  • Neighborhood: Pacific Beach
  • Supplement: Major Remodel. New windows, doors, walls, new roof, HVAC, electrical, plumbing, landscaping, irrigation.
  • Sale Price List Price: 0.92
  • Year Built: 2019
  • Allow Comments Review: No
  • 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: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay
  • View: Evening Lights

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Public Street, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM-1-1
  • Assessor Parcel Number: 424-241-18-00
  • Estimated Lot Sq Ft: 6721
  • Water District URL: http://www.ci.san-diego.ca.us/water

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Kwock Michael Richard and Kaneko Katherine Michiye
Bought by
Kwock Michael Richard and Kaneko Katherine Michiye
Current Estimated Value
$2,813,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$886,000
Outstanding Balance
$788,832
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,024,696

Purchase Details

Listed on
Aug 9, 2019
Closed on
Dec 5, 2019
Sold by
Davidson Dawn R and Dawn R Davidson Trust
Bought by
Kwock Michael Richard and Kaneko Katherine Michiye
Seller's Agent
Jonathan Kearney
Compass
Buyer's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
List Price
$2,195,000
Sold Price
$1,840,000
Premium/Discount to List
-$355,000
-16.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%
Original Mortgage
$898,055
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2018
Closed on
Jul 25, 2018
Sold by
Firle Tomas E and Thomas E Firle Trust
Bought by
Davidson Dawn R and Dawn R Davidson Trust
Seller's Agent
Gary Kent
Keller Williams Realty LaJolla
Buyer's Agent
Ross Clark
Compass
List Price
$1,230,000
Sold Price
$1,220,000
Premium/Discount to List
-$10,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.83%

Purchase Details

Closed on
Sep 29, 1994
Sold by
Cudhea Joan P
Bought by
Cudhea Joan P and Joan P Cudhea Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kwock Michael Richard -- California Title Company
Kwock Michael Richard $1,840,000 California Title Company
Davidson Dawn R $1,220,000 Fidelity National Title
Cudhea Joan P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwock Michael Richard $886,000
Closed Kwock Michael Richard $898,055
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2020 01/08/20 Sold $1,840,000 -7.8% $665 / Sq Ft
10/14/2019 10/14/19 Price Changed $1,995,000 -9.1% $721 / Sq Ft
08/09/2019 08/09/19 For Sale $2,195,000 +79.9% $793 / Sq Ft
08/10/2018 08/10/18 Sold $1,220,000 -0.8% --
07/19/2018 07/19/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $1,230,000 -- --
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 $24,263 $2,012,304 $1,629,530 $382,774
2024 $24,263 $1,972,848 $1,597,579 $375,269
2023 $23,729 $1,934,165 $1,566,254 $367,911
2022 $23,098 $1,896,242 $1,535,544 $360,698
2021 $22,941 $1,859,062 $1,505,436 $353,626
2020 $17,428 $1,414,400 $1,122,000 $292,400
2019 $15,064 $1,220,000 $1,100,000 $120,000
2018 $4,052 $349,165 $198,470 $150,695
2017 $3,954 $342,320 $194,579 $147,741
2016 $3,889 $335,609 $190,764 $144,845
2015 $3,830 $330,569 $187,899 $142,670
2014 $3,769 $324,095 $184,219 $139,876
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Kearney

    Seller's Agent in 2020

    Jonathan Kearney

    Compass

    (858) 245-5625

    2 Total Sales

    Jonathan Kearney
    Section Image
  • Ross Clark

    Seller Co-Listing Agent in 2020

    Ross Clark

    Compass

    (858) 442-2643

    9 in this area

    138 Total Sales

    Ross Clark
    Section Image
  • Greg Noonan

    Buyer's Agent in 2020

    Greg Noonan

    Berkshire Hathaway HomeServices California Properties

    (858) 400-8770

    11 in this area

    206 Total Sales

    Greg Noonan
    Section Image
  • Gary Kent

    Seller's Agent in 2018

    Gary Kent

    Keller Williams Realty LaJolla

    (858) 457-5368

    31 in this area

    162 Total Sales

    Gary Kent
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 190044499

San Diego MLS

APN: 424-241-18

California San Diego County San Diego 92109 Pacific Beach

1860-62 Oliver Ave, San Diego, CA

This home is located at 1860-62 Oliver Ave, San Diego, CA 92109 since 09 August 2019 and is currently estimated at $2,813,528, approximately $1,016 per square foot. This property was built in 2019. 1860-62 Oliver Ave is a home located in San Diego County with nearby schools including Crown Point Junior Music Academy, Pacific Beach Middle, and Mission Bay High School.

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