NOT LISTED FOR SALE
6 Beds
3 Baths
2,500 Sq Ft
6,359 Sq Ft Lot

Sale Details

Date Sold: January 20, 2021

Last sale price $1,348,000 $539 Per Sq Ft

35 Days on Market

About This Home

As of January 2021

Pacific Beach is San Diego's premier urban beach with its vibrant day and night life. Diamond St captures the great proximity to the beach while being just off the beaten path to offer the queit enjoyment of a suburban location. This triplex is being offerred "as is, where is" for a new owner to come in move the property in the direction they want. The house up front has both a large front and back yards. Time to bring the yards into the full living experience. The house also has a garage. The garage for the front house has a washer/dryer as well. The back duplex are identical except for where the front door enters. The downstairs was cleaned up with original kitchens and bathroom and looks great. That tenant has a huge exclusive use yard area. This could be enhanced - maybe a trellis for shade and a gas hookup for a bbq. Each back unit has one car parking off the alley. Maybe change those to tandem spots? Bring your creativity and create a great property to hold.

Last Agent to Sell the Property

Rick Thornton

Cal-Prop Realty, Inc. License #00961311 Listed on: 09/29/2020

Last Buyer's Agent

Rick Thornton

Cal-Prop Realty, Inc. License #00961311 Listed on: 09/29/2020

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,359 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 416-541-07-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $48,468

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,359 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Morrell
  • Neighborhood: Pacific Beach
  • Supplement: The garage for the front house has a washer/dryer as well. The back duplex are identical except for where the front door enters. The downstairs was cleaned up with original kitchens and bathroom and looks great. That tenant has a huge exclusive use yard area. This could be enhanced - maybe a trellis for shade and a gas hookup for a bbq. Each back unit has one car parking off the alley. Maybe change those to tandem spots? Bring your creativity and create a great property to hold.
  • LP / Sq Ft: 27.05
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1950
  • 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: Full
  • Roof: Composition

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Manager Name: Cal-Prop
  • Manager Phone: 858-227-7767

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 416-541-07-00
  • Estimated Lot Dimensions: 50X125
  • Estimated Lot Sq Ft: 6359
  • Estimated Number of Acres: 0.14

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 48468
  • Gross Rent Multiplier Actual: 20.9
  • Gross Rent Multiplier Projected: 16.9
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 22, 2020
Sold by
Glenn Christopher Robert and The Glenn Family Living Trust
Bought by
Seller's Agent
Rick Thornton
Cal-Prop Realty, Inc.
Buyer's Agent
Rick Thornton
Cal-Prop Realty, Inc.
List Price
$1,449,000
Sold Price
$1,348,000
Premium/Discount to List
-$101,000
-6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
4.1%
Mortgage Type
Construction
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,395,000 Chicago Title Company Sd
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,650,000
Closed Nuko Llc $1,800,000
Closed Nuko Llc $1,350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/20/2021 01/20/21 Sold $1,348,000 -7.0% $539 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $1,449,000 -- $580 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,189 $2,049,569 $1,319,375 $730,194
2025 $25,189 $2,009,382 $1,293,505 $715,877
2024 $24,238 $1,969,984 $1,268,143 $701,841
2023 $23,700 $1,422,900 $1,218,900 $204,000
2022 $17,345 $144,667 $74,682 $69,985
2021 $1,820 $144,667 $74,682 $69,985
2020 $1,799 $143,185 $73,917 $69,268
2019 $1,767 $140,378 $72,468 $67,910
2018 $1,654 $137,627 $71,048 $66,579
2017 $1,614 $134,929 $69,655 $65,274
2016 $1,586 $132,285 $68,290 $63,995
2015 $1,563 $130,299 $67,265 $63,034
2014 $1,540 $127,748 $65,948 $61,800
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 200046814

San Diego MLS

APN: 416-541-07-00

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