NOT LISTED FOR SALE

2629-31 Ocean Front Walk San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $2,688,000 - $4,903,000

5 Beds
3 Baths
2,233 Sq Ft
$1,786/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $3,750,000 $1,679 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $25,550/month

6 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • West of 5 Freeway
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 3-minute walk to South Mission Beach Park

About This Home

As of June 2022

This is a unique opportunity to own an Ocean Front property on the sand in desirable South Mission Beach! The upstairs unit features 3 bedrooms, 2 baths, and open-concept living areas showcasing 18’ La Cantina doors opening onto a spacious view balcony. The main floor unit offers 2 bedrooms, 1 bath, and a generous patio with direct access to the sandy beach. The expansive, entertainer’s rooftop deck presents the perfect setting to sunbathe in privacy, dine al fresco, or enjoy vibrant sunsets and the ever-changing coastal scenery. Ideally located just a stone’s throw from the beach, bay and jetty while providing convenient access to Belmont Park, shops, eateries and night life. There is a coastal permit for a 3rd floor addition of approximately 560 sq. ft. This is San Diego beach living at its finest!

Last Agent to Sell the Property

Maxine Gellens

Berkshire Hathaway HomeServices California Properties License #00591299 Listed on: 04/27/2022

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Myles Cooper

Berkshire Hathaway HomeServices California Properties License #01479923

Last Buyer's Agent

Catrina Russell

Coldwell Banker West License #01229742

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,885

Year Built

  • 1987

Lot Details

  • 2,739 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Concrete Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 423-761-08-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,885

Year Built

1987

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: South Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.07
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1987

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Concrete
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-761-08-00
  • Land Use Code: Res
  • Estimated Lot Sq Ft: 2739

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2014
Sold by
Lewis Terry W and Lewis Lyne A
Bought by
Smr Investments 1 Llc
Current Estimated Value
$3,987,669

Purchase Details

Closed on
Apr 3, 2007
Sold by
Tao Frank Mu Ching and Tao Lillian
Bought by
Lewis Terry W and Lewis Lyne A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 19, 2006
Sold by
Tao Frank Mu Ching and Tao Lillian
Bought by
Tao Frank Mu Ching and Tao Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Dodge Britton Jovan
Bought by
Tao Frank Mu Ching and Taoas Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,281,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1999
Sold by
Dodge Pamela S
Bought by
Dodge Pamela S

Purchase Details

Closed on
Jan 15, 1991
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
Smr Investments 1 Llc $2,700,000 Fidelity National Title
Lewis Terry W $2,450,000 Fidelity National Title Co
Tao Frank Mu Ching -- Commonwealth Land Title Co
Tao Frank Mu Ching $1,830,000 Old Republic Title Company
Dodge Pamela S -- --
-- $604,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smr Investments I Llc $2,234,092
Previous Owner Lewis Terry W $200,000
Previous Owner Tao Frank Mu Ching $1,318,000
Previous Owner Tao Frank Mu Ching $1,310,000
Previous Owner Tao Frank Mu Ching $1,281,000
Previous Owner Dodge Pamela S $100,000
Previous Owner Dodge Pamela S $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2022 06/07/22 Sold $3,750,000 +7.1% $1,679 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $3,500,000 -- $1,567 / 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 $47,885 $3,979,530 $3,448,926 $530,604
2024 $47,885 $3,901,500 $3,381,300 $520,200
2023 $46,829 $3,825,000 $3,315,000 $510,000
2022 $40,727 $3,343,920 $2,887,893 $456,027
2021 $38,989 $3,160,027 $2,831,268 $328,759
2020 $38,514 $3,127,625 $2,802,237 $325,388
2019 $36,980 $2,997,673 $2,747,292 $250,381
2018 $34,570 $2,938,896 $2,693,424 $245,472
2017 $33,417 $2,851,860 $2,640,612 $211,248
2016 $32,890 $2,795,942 $2,588,836 $207,106
2015 $32,405 $2,753,946 $2,549,950 $203,996
2014 $23,926 $2,025,000 $1,885,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Maxine Gellens

    Seller's Agent in 2022

    Maxine Gellens

    Berkshire Hathaway HomeServices California Properties

    (858) 376-7570

    5 in this area

    283 Total Sales

    Maxine Gellens
    Section Image
  • Myles Cooper

    Seller Co-Listing Agent in 2022

    Myles Cooper

    Berkshire Hathaway HomeServices California Properties

    (619) 818-3250

    1 in this area

    5 Total Sales

    Myles Cooper
    Section Image
  • Catrina Russell

    Buyer's Agent in 2022

    Catrina Russell

    Coldwell Banker West

    (619) 226-2897

    4 in this area

    194 Total Sales

    Catrina Russell
    Section Image
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Map

Source: San Diego MLS

MLS Number: 220010014

San Diego MLS

APN: 423-761-08

California San Diego County San Diego 92109 Mission Beach

2629-31 Ocean Front Walk, San Diego, CA

This home is located at 2629-31 Ocean Front Walk, San Diego, CA 92109 since 27 April 2022 and is currently estimated at $3,987,669, approximately $1,785 per square foot. This property was built in 1987. 2629-31 Ocean Front Walk is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

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