NOT LISTED FOR SALE

Estimated Value: $2,423,000 - $3,040,000

8 Beds
5 Baths
3,573 Sq Ft
$756/Sq Ft Est. Value

Last Sold November 12, 2013

Last sale price $1,275,000 $357 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $16,989/month

52 Days on Market

Highlights

  • Laundry Facilities
  • Partially Fenced Property
  • West of 101 Freeway
  • Pacific Beach Elementary School Rated A-
  • Level Lot

About This Home

As of November 2013

Professionally managment for over 20 years, this is available now to settle the estate of a local highly esteemed Realtor. There is plenty of room to increase the rent on at least two of this units now . You might think of this an a vacation home and/or a starter income property. Close, convenient and always rented; far enough from the beach for quiet nights and close enough to walk down for a day or sun and fun or a relaxing sunset.

Last Agent to Sell the Property

Bunny Clews

Pacific Sotheby's International Realty License #00467619 Listed on: 08/12/2013

Last Buyer's Agent

Lauren Empey

Empey Realty License #01924792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,354

Year Built

  • Built in 1950

Lot Details

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

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Location

  • West of 101 Freeway
  • West of 5 Freeway

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 416-442-12-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Net Operating Income $58,773

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,354

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: Lamont
  • Neighborhood: North PB
  • LP / Sq Ft: 356.84
  • Price Per Sq Ft: 356.84
  • SP/ Sq Ft: 356.84
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Unit Sq Ft: 3573.0
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Walk Score Desc: Very Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Partial
  • Roof: Composition

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PACIFIC BEACH
  • Complex Features: Laundry Facilities, Pet Restrictions

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Public Street, Rear Yd Str Access, Sidewalks, Street Paved, West of I-5, West of 101
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 416-442-12-00
  • Land Use Code: R
  • Estimated Lot Sq Ft: 6251
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: A
  • Map Code Page: 1248
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 58773
  • Annual Expense Actual: 10126
  • Gross Rent Multiplier Actual: 18.5
  • Gross Sched Income Actual: 5750
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Tax Info

  • Assessor Parcel Number: 1868-72Diamond92109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Michael Joseph Kilbride Revocable Living and Kilbride Michael J
Bought by
Knc Opportunity Llc and Campbell Family Trust
Current Estimated Value
$2,699,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,700,000
Interest Rate
62%
Mortgage Type
New Conventional
Estimated Equity
$849,700

Purchase Details

Closed on
Apr 4, 2018
Sold by
Kilbride Michael Joseph
Bought by
Kilbride Michael Joseph

Purchase Details

Listed on
Aug 12, 2013
Closed on
Oct 10, 2013
Sold by
Muprhy Richard
Bought by
Kilbridge Michael Joseph
Seller's Agent
Bunny Clews
Pacific Sotheby's International Realty
Buyer's Agent
Lauren Empey
Empey Realty
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$630,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2007
Sold by
Murphy Richard
Bought by
Murphy Richard
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
Knc Opportunity Llc -- Chicago Title
Knc Opportunity Llc -- Chicago Title
Kilbride Michael Joseph -- None Available
Kilbridge Michael Joseph $1,275,000 Corinthian Title Company
Murphy Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knc Opportunity Llc $1,700,000
Closed Knc Opportunity Llc $1,700,000
Previous Owner Kilbridge Michael Joseph $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2013 11/12/13 Sold $1,275,000 0.0% $357 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $1,275,000 -- $357 / 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 $27,354 $2,268,072 $1,851,912 $416,160
2024 $27,354 $2,223,600 $1,815,600 $408,000
2023 $18,448 $1,502,276 $1,178,258 $324,018
2022 $17,957 $1,472,820 $1,155,155 $317,665
2021 $17,834 $1,443,942 $1,132,505 $311,437
2020 $17,618 $1,429,137 $1,120,893 $308,244
2019 $17,304 $1,401,115 $1,098,915 $302,200
2018 $16,176 $1,373,643 $1,077,368 $296,275
2017 $15,792 $1,346,710 $1,056,244 $290,466
2016 $15,540 $1,320,305 $1,035,534 $284,771
2015 $15,310 $1,300,474 $1,019,980 $280,494
2014 $15,069 $1,275,000 $1,000,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130043014

San Diego MLS

APN: 416-442-12