NOT LISTED FOR SALE
5 Beds
4 Baths
2,480 Sq Ft
1980 Built

Last Sold April 06, 2018

Last sale price $1,200,000 $484 Per Sq Ft

228 Days on Market

About This Home

As of April 2018

PRICE REDUCTION. Great location in Pacific Beach, close to Mission Bay. Seashore of Pacific Ocean is only 14 blocks away. Nice unit mix of two 2 bedroom one bath units, one 1 bedroom one bath and a Studio. Large deck in front. Well maintained and lots of upside in rents. 3 parking spaces in rear with one large enough to fit 2 cars tandem. Wide, paved alley behind the property.

Last Agent to Sell the Property

Mack Langston

Pacific Coast Commercial License #01110555 Listed on: 05/03/2017

Last Buyer's Agent

Bill Marti

William R. Marti, Broker License #00966535

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 3,123 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Community Details

  • 4 Units
  • Net Operating Income $40,675

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 424-051-05-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Morrell
  • Neighborhood: Pacific Beach
  • LP / Sq Ft: 24.72
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1980
  • 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: Partial
  • Roof: Composition

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 424-051-05-00
  • Land Use Code: MF
  • Estimated Lot Sq Ft: 3123
  • Map Code Column: B
  • 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: 40675
  • Annual Expense Actual: 16850
  • Gross Rent Multiplier Actual: 20.09
  • Gross Rent Multiplier Projected: 17.87
  • Gross Sched Income Actual: 59700
  • Gross Sched Income Projected: 69240
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Sold Price
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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
04/06/2018 04/06/18 Sold $1,200,000 0.0% $484 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
10/24/2017 10/24/17 For Sale $1,199,950 0.0% $484 / Sq Ft
10/24/2017 10/24/17 Price Changed $1,199,950 -7.3% $484 / Sq Ft
09/09/2017 09/09/17 Pending -- -- --
05/01/2017 05/01/17 For Sale $1,295,000 -- $522 / Sq Ft
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: 170022536

San Diego MLS