NOT LISTED FOR SALE
8 Beds
4 Baths
2,900 Sq Ft
2,676 Sq Ft Lot

Last Sold April 17, 2017

Last sale price $1,330,000 $459 Per Sq Ft

47 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A
  • Partially Fenced Property

About This Home

As of April 2017

Listed for Sale at $1,500,00.00 Great 4 unit Apartment complex only 1 block from the Beach. Lower Units have Patios and upper units have Balcony area. Partial Ocean View from Upper Units. Corner property with newer vinyl windows. Recent stucco repairs done. Excellent Income producing property with street parking. One block from Mini Market and 3 block from Newport Ave and all of OB Restaurants, Bars and Nightlife. Ocean Beach just 1 block away and 4 blocks from Newport Ave. Walk to all the Restaurants, Bars, Night Clubs and enjoy the OB scene. OB pier is just 4 blocks away and enjoy the amazing Sunsets that OB has to offer.

Last Listed By

Marcia Marantos

Royal Calfornia Inc. License #01760190 Listed on: 01/24/2017

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 2,676 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Schools

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

Utilities

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

Community Details

  • 4 Units
  • Net Operating Income $51,773

Listing and Financial Details

  • Assessor Parcel Number 448-114-28-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Brighton Ave
  • Neighborhood: Ocean Beach
  • Supplement: Ocean Beach just 1 block away and 4 blocks from Newport Ave. Walk to all the Restaurants, Bars, Night Clubs and enjoy the OB scene. OB pier is just 4 blocks away and enjoy the amazing Sunsets that OB has to offer.
  • Stories: 2 Story
  • Sale Price List Price: 0.89
  • Total Stories: 2
  • Year Built: 1958
  • 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, Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: OCEAN 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
  • Site: Corner Lot, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R1750
  • Assessor Parcel Number: 448-114-28-00
  • Land Use Code: 1750
  • Estimated Lot Sq Ft: 2676
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 5

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51773
  • Annual Expense Actual: 27727
  • Gross Rent Multiplier Actual: 18.86
  • Gross Sched Income Actual: 6625
  • Gross Sched Income Projected: 79500
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 54

Range of Values:

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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
04/17/2017 04/17/17 Sold $1,330,000 -11.3% $459 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $1,500,000 -- $517 / 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: 170003933

San Diego MLS

APN: 448-114-28-00