NOT LISTED FOR SALE

2645 Ocean Front Walk San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $2,662,000 - $3,671,000

4 Beds
4 Baths
2,421 Sq Ft
$1,363/Sq Ft Est. Value

Last Sold March 02, 2015

Last sale price $2,700,000 $1,115 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $20,655/month

35 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating System
  • 1-minute walk to South Mission Beach Park
  • Pacific Beach Elementary School Rated A-
  • Partially Fenced Property

About This Home

As of March 2015

This home is located on the sunny sands of South Mission Beach. Currently divided into two units this property can easily be converted into one spectacular single family HOME! Currently each unit has a Living room, dining room, kitchen, 2 bedrooms and 2 baths. There is also an attached 4 car garage large decks and one step off your patio and you are on the SAND (with no boardwalk)! Call me for more details! "California dreamin' on such a winter's day" ......It's time for a life at the beach! Neighborhoods: South Mission Beach Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 0 Topography: LL

Last Agent to Sell the Property

Gregory Godwin

Realty Source, Inc License #01212184 Listed on: 01/16/2015

Last Buyer's Agent

Joshua Krause

Joshua Krause License #01352001

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,760

Year Built

  • Built in 1989

Lot Details

  • 0.67

Property Views

  • Ocean
  • Panoramic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 4237610400

Community Details

Overview

  • 2 Units
  • South Mission Beach

Building Details

  • Net Operating Income $108,084

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,760

Year Built

Built in 1989

Lot Details

0

Listing Details

  • CapRate: 4.00
  • Park Name: South Mission Beach
  • Subdivision Name Other: Mission Beach
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 4237610400
  • Year Built: 1989
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Levels: Two

Exterior Features

  • View: Ocean, Panoramic
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Spa: No

Utilities

  • Heating: Yes
  • Heating Type: Forced Air

Multi Family

  • Gross Scheduled Income: 175000.00
  • Net Operating Income: 108084.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Feb 26, 2015
Sold by
Penner Family Investments Lp
Bought by
Aalaei Dr Behzad and Dr Behzad Aalaei Revocable Trust
Seller's Agent
Gregory Godwin
Realty Source, Inc
Buyer's Agent
Joshua Krause
Joshua Krause
List Price
$2,700,000
Sold Price
$2,700,000
Current Estimated Value
$3,298,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,916
Avg. Annual Appreciation
1.90%

Purchase Details

Closed on
Jan 7, 2000
Sold by
Penner Family Trust 04-02-75 and Stanford S
Bought by
Penner Family Investments Lp

Purchase Details

Closed on
Feb 9, 1998
Sold by
Antoine Georges
Bought by
Penner Stanford S and Penner Beverly P

Purchase Details

Closed on
Aug 14, 1987
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
Aalaei Dr Behzad $2,605,500 Ticor Title
Penner Family Investments Lp -- --
Penner Stanford S $848,000 Fidelity National Title
-- $375,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2015 03/02/15 Sold $2,700,000 0.0% $1,115 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $2,700,000 -- $1,115 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $37,760 $3,131,413 $2,764,252 $367,161
2024 $37,760 $3,070,013 $2,710,051 $359,962
2023 $36,928 $3,009,817 $2,656,913 $352,904
2022 $35,945 $2,950,802 $2,604,817 $345,985
2021 $35,698 $2,892,944 $2,553,743 $339,201
2020 $35,263 $2,863,281 $2,527,558 $335,723
2019 $34,633 $2,807,140 $2,477,999 $329,141
2018 $32,375 $2,752,099 $2,429,411 $322,688
2017 $80 $2,698,137 $2,381,776 $316,361
2016 $31,121 $2,645,233 $2,335,075 $310,158
2015 $13,290 $1,126,638 $797,154 $329,484
2014 $13,074 $1,104,569 $781,539 $323,030
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gregory Godwin

    Realty Source, Inc

    (858) 922-9288

    53 Total Sales

    Gregory Godwin
    Section Image
  • Joshua Krause

    Buyer's Agent in 2015

    Joshua Krause

    Joshua Krause

    (858) 922-8545

    75 Total Sales

    Joshua Krause
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 150002865

California Regional Multiple Listing Service (CRMLS)

APN: 423-761-04

California San Diego County San Diego 92109 Mission Beach

2645 Ocean Front Walk, San Diego, CA

This home is located at 2645 Ocean Front Walk, San Diego, CA 92109 since 16 January 2015 and is currently estimated at $3,298,916, approximately $1,362 per square foot. This property was built in 1989. 2645 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.

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.

California Regional Multiple Listing Service (CRMLS) 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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