NOT LISTED FOR SALE

Estimated Value: $2,344,000 - $2,916,000

6 Beds
6 Baths
3,254 Sq Ft
$837/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $1,940,000 $596 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $16,483/month

105 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • West of 5 Freeway
  • Sessions Elementary School Rated A-

About This Home

As of July 2023

What a great property. The front house built in 1955 boast 3 bedrooms, 3 baths with a extra room for bonus room. Second story on suite. Private large front porch and 1 car garage. Back house built in 1987 has been recently remodeled and has 3 bedrooms, 2.5 baths with private back patio. Two of the bedrooms have spacious balconies and all bedrooms are large in scale. This is a quiet street perfect for a owner with a helper unit or investor. This property has been well loved and in the family for a very long time. Both units are tenant occupied.

Last Agent to Sell the Property

Trisha Daly

RE/MAX Hometown, Realtors License #00953900 Listed on: 02/17/2023

RE/MAX Hometown, Realtors

Last Buyer's Agent

Lee Caudill

Coldwell Banker West License #00898992

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,860

Year Built

  • Built in 1955

Lot Details

  • 6,003 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof
  • Stucco Exterior

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 416-352-22-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $75,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,860

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Academy
  • Neighborhood: Pacific beach
  • Stories: 2 Story
  • Sale Price List Price: 0.9
  • Total Stories: 2
  • Year Built: 1955
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: PACIFIC BEACH
  • Manager Name: CS Property Management
  • Manager Phone: 619-229-2440

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Curbs, Public Street, Sidewalks, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R3
  • Assessor Parcel Number: 416-352-22-00
  • Estimated Lot Sq Ft: 6003
  • 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, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 75600
  • Gross Rent Multiplier Actual: 27.73
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • 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
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2010
Sold by
Hopkins David L and Hopkins Carol L
Bought by
Hopkins David L and Hopkins Carol L
Current Estimated Value
$2,723,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2004
Sold by
Hopkins David L and Hopkins Carol L
Bought by
Hopkins David L and Hopkins Carol L

Purchase Details

Closed on
Jun 15, 2004
Sold by
Hopkins David L and Hopkins Carol L
Bought by
Hopkins David L and Hopkins Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 14, 1990
Sold by
Hopkins Revocable Declaration Of Trust and Diffendal Donna Hopkins
Bought by
Hopkins Revocable Declaration Of Trust and Desantis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 1985
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
Hopkins David L -- Accommodation
Hopkins David L -- Stewart Title
Hopkins David L -- --
Hopkins David L -- Lawyers Title Company
Hopkins Revocable Declaration Of Trust $1,940,000 Chicago Title
-- $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hopkins David L $50,000
Previous Owner Hopkins David L $169,000
Previous Owner Hopkins Revocable Declaration Of Trust $1,100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $1,940,000 -10.0% $596 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
04/28/2023 04/28/23 Price Changed $2,155,000 0.0% $662 / Sq Ft
04/28/2023 04/28/23 For Sale $2,155,000 +11.1% $662 / Sq Ft
04/26/2023 04/26/23 Off Market $1,940,000 -- --
03/12/2023 03/12/23 Price Changed $2,210,000 0.0% $679 / Sq Ft
03/12/2023 03/12/23 For Sale $2,210,000 -2.3% $679 / Sq Ft
02/27/2023 02/27/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $2,263,000 -- $695 / 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 $23,860 $1,978,800 $1,626,900 $351,900
2024 $23,860 $1,940,000 $1,595,000 $345,000
2023 $23,923 $1,950,000 $1,650,000 $300,000
2022 $6,929 $566,891 $206,042 $360,849
2021 $6,882 $555,776 $202,002 $353,774
2020 $6,798 $550,078 $199,931 $350,147
2019 $6,677 $539,293 $196,011 $343,282
2018 $6,243 $528,719 $192,168 $336,551
2017 $6,095 $518,352 $188,400 $329,952
2016 $5,998 $508,189 $184,706 $323,483
2015 $5,909 $500,556 $181,932 $318,624
2014 $5,817 $490,752 $178,369 $312,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230003226

San Diego MLS

APN: 416-352-22