Seller's Agent in 2022
Arianna Schwarz
Real Broker
(619) 733-7392
1 in this area
146 Total Sales
2158 Balboa Ave San Diego, CA 92109
Pacific Beach NeighborhoodEstimated Value: $1,773,305
5
Beds
5
Baths
3,300
Sq Ft
$537/Sq Ft
Est. Value
Highlights
- No HOA
- Sessions Elementary School Rated A-
- Laundry Room
About This Home
As of March 2022A sweet opportunity to own a fantastic property with numerous income producing possibilities! This truly unique property offers so many options and is conveniently located a few blocks away from Mission Bay and one mile from the water at Pacific Beach in San Diego CA. The property consists of four residential rentals but is zoned for a commercial property option as well. Currently, the four residences include; one three bedroom, one two bedroom home, and two studios. Here’s your chance to live in one home and rent out the others or turn the front home into a commercial space and keep the three units rented. The generous lot accommodates four to five parking spaces in the front of the homes, offers a lovely courtyard area complete with a koi pond, and a breezy rooftop patio for the residents to enjoy the outdoor space. Located just a short walk or bike ride to shopping, dining, the Pacific Beach Pier, and the stunning white sand beaches of San Diego. The property is also central among many of the best places in the beach community with an easy five minute drive to Seaworld, Belmont Park, and the beaches of La Jolla and Mission Beach.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,472
Year Built
- Built in 1953
Lot Details
- 5,576 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- 3,300 Sq Ft Home
- Property Attached
- Entry on the 1st floor
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tax Lot 212/23
- Tax Tract Number 791
- Assessor Parcel Number 4240611300
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $1,000
- Insurance Expense $931
- New Taxes Expense $6,132
- Operating Expense $7,063
- Gross Income $66,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2021
Closed on
Feb 10, 2022
Sold by
Ohman Laura J
Bought by
Nisly Corin and Nisly Michele
Seller's Agent
Arianna Schwarz
Real Broker
Buyer's Agent
James Hilgesen
HomePERQs, Inc
List Price
$1,600,000
Sold Price
$1,600,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,305
Avg. Annual Appreciation
2.93%
Original Mortgage
$1,126,250
Outstanding Balance
$1,050,393
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$722,912
Purchase Details
Closed on
Oct 2, 2011
Sold by
Barrett Carolyn S
Bought by
Ohman Laura J and Ohman Trudy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,600
Interest Rate
4.02%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 30, 2004
Sold by
Cothron Lawson Bryant
Bought by
Barrett Stephen M and Barrett Carolyn S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,000
Interest Rate
5.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 8, 1996
Sold by
Bryant Cothron Lawson and Cothron Family Trust
Bought by
Cothron Lawson Bryant
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nisly Corin | $1,600,000 | Lawyers Title | |
| Ohman Laura J | $440,000 | Lawyers Title Insurance Corp | |
| Barrett Stephen M | $490,000 | Diversified Title Company | |
| Cothron Lawson Bryant | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nisly Corin | $1,126,250 | |
| Previous Owner | Ohman Laura J | $424,600 | |
| Previous Owner | Barrett Stephen M | $535,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2022 03/09/22 | Sold | $1,600,000 | 0.0% | $485 / Sq Ft |
| 01/20/2022 01/20/22 | Off Market | $1,600,000 | -- | -- |
| 01/19/2022 01/19/22 | Pending | -- | -- | -- |
| 12/29/2021 12/29/21 | For Sale | $1,600,000 | 0.0% | $485 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 10/14/2021 10/14/21 | Price Changed | $1,600,000 | -11.1% | $485 / Sq Ft |
| 09/20/2021 09/20/21 | Price Changed | $1,799,000 | -18.2% | $545 / Sq Ft |
| 08/07/2021 08/07/21 | For Sale | $2,199,000 | -- | $666 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $20,472 | $1,697,932 | $1,538,751 | $159,181 |
| 2024 | $20,472 | $1,664,640 | $1,508,580 | $156,060 |
| 2023 | $20,023 | $1,632,000 | $1,479,000 | $153,000 |
| 2022 | $6,363 | $520,780 | $473,441 | $47,339 |
| 2021 | $6,320 | $510,569 | $464,158 | $46,411 |
| 2020 | $6,243 | $505,335 | $459,399 | $45,936 |
| 2019 | $6,132 | $495,428 | $450,392 | $45,036 |
| 2018 | $5,734 | $485,714 | $441,561 | $44,153 |
| 2017 | $80 | $476,191 | $432,903 | $43,288 |
| 2016 | $5,509 | $466,855 | $424,415 | $42,440 |
| 2015 | $5,428 | $459,843 | $418,040 | $41,803 |
| 2014 | $5,343 | $450,837 | $409,852 | $40,985 |
Source: Public Records
Agents Affiliated with this Home
-
Arianna Schwarz
-
Nicole Martinez
Seller Co-Listing Agent in 2022
Nicole Martinez
Keller Williams Realty
(619) 200-8467
1 in this area
7 Total Sales
-
James Hilgesen
Buyer's Agent in 2022
James Hilgesen
HomePERQs, Inc
(760) 685-2637
4 in this area
69 Total Sales
-
J
Buyer Co-Listing Agent in 2022
J Chris Jones
HomePERQs, Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2109274
APN: 424-061-13
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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