NOT LISTED FOR SALE

Estimated Value: $1,105,000 - $1,511,000

4 Beds
2 Baths
1,444 Sq Ft
$906/Sq Ft Est. Value

Last Sold April 02, 2019

Last sale price $825,000 $571 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,091/month

2 Days on Market

Highlights

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

About This Home

As of April 2019

This Pacific Beach Duplex consists of TWO - 2 bedroom 1 bath bungalows with private outdoor patio space and total of 3 designated parking spaces. Each unit also includes its own laundry room. Blocks from Mission Bay for year-round entertainment options and close to freeways, shopping and more! Stroll down for a walk to the bay or just a bike ride away from the beaches, downtown shops and walking distance to Garnet Avenue. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Amber Anderson

Pacific Sotheby's Int'l Realty License #01423536 Listed on: 03/04/2019

Pacific Sotheby's Int'l Realty

Co-Listed By

Brandon White

Pacific Sotheby's Int'l Realty License #01864163

Last Buyer's Agent

John Reeves

Reef Point Realty, Inc License #01861983

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,116

Year Built

  • Built in 1957

Lot Details

  • 3,067 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Wired For Data

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
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 424-062-18-00

Community Details

Overview

  • 2 Units
  • 2122 2124 Grand Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $37,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,116

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Olney/Grand
  • Neighborhood: Pacific Beach
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1957
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rock/Gravel

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Telecommunications: Cable (coaxial), Wired High Speed Internet
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: 2122-2124 grand
  • Pets Allowed: Yes
  • 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
  • Site: Public Street, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-3:RESTRI
  • Assessor Parcel Number: 424-062-18-00
  • Estimated Lot Sq Ft: 3067
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.07
  • Map Code Column: B
  • Map Code Page: 1248
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 37297
  • Annual Expense Actual: 8603
  • Gross Rent Multiplier Actual: 15.15
  • Gross Sched Income Actual: 45900
  • Gross Sched Income Projected: 52800
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 2
  • 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

Listed on
Mar 4, 2019
Closed on
Mar 13, 2019
Sold by
Circle Diamond Holdings Llc
Bought by
Tublin Neil Stephen
Seller's Agent
Amber Anderson
Pacific Sotheby's Int'l Realty
Buyer's Agent
John Reeves
Reef Point Realty, Inc
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Current Estimated Value
$1,308,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,734
Avg. Annual Appreciation
7.80%
Original Mortgage
$808,261
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
Apr 12, 2013
Sold by
Robinson Robert and Robinson Pany
Bought by
Circle Diamond Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Mc Cleary Ventures Llc
Bought by
Robinson Robert and Robinson Pany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2012
Sold by
Mccleary John F
Bought by
Mccleary Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2003
Sold by
Mccleary James and Mccleary John
Bought by
Mccleary Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.85%

Purchase Details

Closed on
Feb 24, 2003
Sold by
Mccleary Ventures Llc
Bought by
Mccleary James and Mccleary John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.85%

Purchase Details

Closed on
Jul 13, 2001
Sold by
Mccleary James Raymond
Bought by
Mccleary Ventures Llc

Purchase Details

Closed on
Dec 6, 2000
Sold by
Mccleary John F and Mccleary Susan E
Bought by
Mccleary John F and Mccleary Susan E

Purchase Details

Closed on
Sep 6, 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
Tublin Neil Stephen $825,000 Chicago Title Company
Circle Diamond Holdings Llc -- None Available
Robinson Robert $452,000 First American Title San Die
Mccleary Ventures Llc -- Accommodation
Mccleary John F -- Chicago Title
Mccleary John F -- Chicago Title
Mccleary Ventures Llc -- --
Mccleary James -- Fidelity National Title Co
Mccleary Ventures Llc -- --
Mccleary Ventures Llc -- --
Mccleary John F -- --
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tublin Neil Stephen $812,040
Closed Tublin Neil Stephen $819,956
Closed Tublin Neil Stephen $808,261
Previous Owner Robinson Robert $339,000
Previous Owner Mccleary John F $192,000
Previous Owner Mccleary James $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2019 04/02/19 Sold $825,000 -2.9% $571 / Sq Ft
03/07/2019 03/07/19 Pending -- -- --
03/04/2019 03/04/19 For Sale $850,000 -- $589 / 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 $11,116 $920,299 $792,016 $128,283
2024 $11,116 $902,255 $776,487 $125,768
2023 $10,871 $884,564 $761,262 $123,302
2022 $10,582 $867,221 $746,336 $120,885
2021 $10,510 $850,217 $731,702 $118,515
2020 $10,382 $841,500 $724,200 $117,300
2019 $6,180 $498,960 $306,835 $192,125
2018 $5,779 $489,177 $300,819 $188,358
2017 $5,642 $479,586 $294,921 $184,665
2016 $5,551 $470,184 $289,139 $181,045
2015 $5,470 $463,122 $284,796 $178,326
2014 $5,384 $454,051 $279,218 $174,833
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190011734

San Diego MLS

APN: 424-062-18