NOT LISTED FOR SALE

2813 Ocean Front Walk Unit 15 San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $3,240,000 - $5,254,000

6 Beds
6 Baths
3,158 Sq Ft
$1,384/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $3,975,000 $1,259 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $29,095/month

42 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Level Lot
  • Pacific Beach Elementary School Rated A-
  • Gated Home

About This Home

As of May 2017

2 UNITS on Ocean Front Walk! These gorgeous 3 bedroom, 3 bath units have been completely remodeled. Each single level unit optimizes the views with an open floor plan & a wall of windows facing the beach for unobstructed ocean/sand/sunset views from the living rooms, dining rooms & kitchens. Both units also feature dual master suites. Enjoy your days on the oversized front patio directly on the boardwalk or for more privacy head to the roof top deck. Rare opportunity to own 2 units on the sand. No HOA Enjoy the ultimate beach lifestyle! This duplex is perfect for large families, second homes and/or investors looking for vacation rental properties. Each unit currently generates a tremendous amount of rental income. Vacation rental income and calendar available upon request.

Last Agent to Sell the Property

Danny Davis

San Diego Brokerage License #01349327 Listed on: 03/01/2017

Last Buyer's Agent

Robert Weinberger

RJW Properties, Inc. License #01327725

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $56,091

Year Built

  • Built in 1984

Lot Details

  • 2,718 Sq Ft Lot
  • Beach Front
  • Gated Home
  • Partially Fenced Property
  • Level Lot

Property Views

  • Ocean
  • Panoramic

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Vacation Rental by Owner
  • Assessor Parcel Number 423-721-02-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$56,091

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Cohasset
  • Neighborhood: Mission Beach
  • Supplement: Enjoy the ultimate beach lifestyle! This duplex is perfect for large families, second homes and/or investors looking for vacation rental properties. Each unit currently generates a tremendous amount of rental income. Vacation rental income and calendar available upon request.
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1984
  • 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
  • Fencing: Gate, Partial
  • Frontage: Ocean/Sand
  • View: Ocean, Panoramic, Panoramic Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: MISSION 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
  • Topography: Level
  • Zoning: R4
  • Assessor Parcel Number: 423-721-02-00
  • Land Use Code: R4
  • Estimated Lot Sq Ft: 2718

Rental Info

  • Vacation Rental By Owner: Yes

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 13.33
  • Gross Sched Income Actual: 250000
  • Gross Sched Income Projected: 300000
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 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
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
May 3, 2017
Sold by
Glassman Richard S and Glassman Lucy V
Bought by
Spinazzola Michael A and Spinazzola Erika L
Seller's Agent
Danny Davis
San Diego Brokerage
Buyer's Agent
Robert Weinberger
RJW Properties, Inc.
List Price
$3,999,000
Sold Price
$3,975,000
Premium/Discount to List
-$24,000
-0.6%
Total Days on Market
42
Current Estimated Value
$4,371,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,178
Avg. Annual Appreciation
1.19%
Original Mortgage
$1,900,000
Outstanding Balance
$1,590,428
Interest Rate
3.9%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,780,750

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 9, 2015
Sold by
Fink Andrea Elizabeth
Bought by
Glassman Richards and Glassman Lucy
Seller's Agent
Tami Fuller
Coldwell Banker West
Buyer's Agent
Danny Davis
San Diego Brokerage
List Price
$2,600,000
Sold Price
$2,506,000
Premium/Discount to List
-$94,000
-3.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.10%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Feb 20, 2015
Sold by
Fink Frank
Bought by
Fink Andrea Elizabeth
Seller's Agent
Tami Fuller
Coldwell Banker West
Buyer's Agent
Danny Davis
San Diego Brokerage
List Price
$2,600,000
Sold Price
$2,506,000
Premium/Discount to List
-$94,000
-3.62%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Jan 25, 2015
Sold by
Hyvonen Adrienne C
Bought by
Fink Andrea Elizabeth
Seller's Agent
Tami Fuller
Coldwell Banker West
Buyer's Agent
Danny Davis
San Diego Brokerage
List Price
$2,600,000
Sold Price
$2,506,000
Premium/Discount to List
-$94,000
-3.62%

Purchase Details

Closed on
Dec 19, 2014
Sold by
Enteprises Bay Ocean
Bought by
Hyvonen Adrienne C
Source: Public Records

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Range of Values:

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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
Spinazzola Michael A $3,975,000 Fidelity National Title
Glassman Richards $2,505,454 Fidelity National Title
Fink Andrea Elizabeth -- Fidelity National Title
Fink Andrea Elizabeth -- None Available
Hyvonen Adrienne C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spinazzola Michael A $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $3,975,000 -0.6% $1,259 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $3,999,000 +59.6% $1,266 / Sq Ft
03/13/2015 03/13/15 Sold $2,506,000 -3.6% $794 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
02/09/2015 02/09/15 For Sale $2,600,000 -- $823 / 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
2024 $56,091 $4,562,646 $3,868,617 $694,029
2023 $54,856 $4,347,240 $3,718,395 $628,845
2022 $52,931 $4,347,240 $3,718,395 $628,845
2021 $52,567 $4,262,001 $3,645,486 $616,515
2020 $51,927 $4,218,301 $3,608,107 $610,194
2019 $51,000 $4,135,590 $3,537,360 $598,230
2018 $47,674 $4,054,500 $3,468,000 $586,500
2017 $80 $2,595,099 $2,381,776 $213,323
2016 $29,934 $2,544,216 $2,335,075 $209,141
2015 $7,007 $2,294,955 $2,039,960 $254,995
2014 $6,891 $580,085 $387,883 $192,202
Source: Public Records

Agents Affiliated with this Home

  • Danny Davis

    Seller's Agent in 2017

    Danny Davis

    San Diego Brokerage

    (858) 829-8888

    66 Total Sales

    Danny Davis
    Section Image
  • Robert Weinberger

    Buyer's Agent in 2017

    Robert Weinberger

    RJW Properties, Inc.

    (858) 692-7764

    7 Total Sales

    Robert Weinberger
    Section Image
  • Tami Fuller

    Seller's Agent in 2015

    Tami Fuller

    Coldwell Banker West

    (619) 980-8264

    194 Total Sales

    Tami Fuller
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 170009950

San Diego MLS

APN: 423-721-02

California San Diego County San Diego 92109 Mission Beach

2813 Ocean Front Walk Unit 15, San Diego, CA

This home is located at 2813 Ocean Front Walk Unit 15, San Diego, CA 92109 since 01 March 2017 and is currently estimated at $4,371,178, approximately $1,384 per square foot. This property was built in 1984. 2813 Ocean Front Walk Unit 15 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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