NOT LISTED FOR SALE

Estimated Value: $3,817,000 - $4,152,000

6 Beds
6 Baths
2,884 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold July 06, 2018

Last sale price $2,950,000 $1,023 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $24,976/month

33 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced
  • 5-minute walk to Mission Beach Park
  • Pacific Beach Elementary School Rated A-
  • Level Lot

About This Home

As of July 2018

Own a Contemporary Waterfront Duplex overlooking the sand, beautiful Sail Boats in Mission Bay & the iconic Mission Beach boardwalk! Offering 2 Separate 2-level homes with 4 car parking and a boardwalk-front patio, this property gives way to 6-figure income from vacation rentals and also allows for a family compound or the versatile option of living in one home and using the other for income as well! Remodel just completed in 2018 and freshly painted. Accepting Back up Offers. Don't miss out on this wonderful Investment in the Heart of South Mission Beach. This Gorgeous Duplex is located directly on Mission Bay and is currently being used as a vacation rental with guaranteed income. Enjoy panoramic sit down bay views from these spacious 3 bedroom 2.5 bath units. Remodeled with granite counter tops in kitchens and bathrooms, stainless steel appliances in both kitchens, cherrywood hardwood and tile floors, dual pane windows, washer/dryer, bbq, outdoors showers and large private patios sure to please!

Last Agent to Sell the Property

Seth O'Byrne

Compass License #01463479 Listed on: 05/04/2018

Compass

Co-Listed By

Stephanie Jezek

eXp Realty of Southern California, Inc. License #01770374

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Stephanie Jezek

eXp Realty of Southern California, Inc. License #01770374

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $39,679

Year Built

  • Built in 1962

Lot Details

  • 2,821 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced
  • Level Lot

Property Views

  • Bay
  • Panoramic
  • City
  • Mountain

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 423-718-03-00

Community Details

Overview

  • 2 Units
  • Mission Beach Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$39,679

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Deal Ct
  • Neighborhood: Mission Beach
  • Supplement: Don't miss out on this wonderful Investment in the Heart of South Mission Beach. This Gorgeous Duplex is located directly on Mission Bay and is currently being used as a vacation rental with guaranteed income. Enjoy panoramic sit down bay views from these spacious 3 bedroom 2.5 bath units. Remodeled with granite counter tops in kitchens and bathrooms, stainless steel appliances in both kitchens, cherrywood hardwood and tile floors, dual pane windows, washer/dryer, bbq, outdoors showers and large private patios sure to please!
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1962
  • 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: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Frontage: Bay
  • View: Bay, City, Mountains/Hills, Panoramic

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Mission Beach
  • Pets Allowed: Yes
  • Community: MISSION BEACH
  • Manager Name: Mitch Bart
  • Manager Phone: 858-488-5204

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 423-718-03-00
  • Estimated Lot Sq Ft: 2821
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.07
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 3

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 139785
  • Gross Sched Income Projected: 210480
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2019
Sold by
Mays Mark H
Bought by
Mays Mark H
Current Estimated Value
$3,976,901

Purchase Details

Closed on
May 3, 2019
Sold by
Xchange Solutions Inc
Bought by
Mays Mark H

Purchase Details

Listed on
May 4, 2018
Closed on
Jun 14, 2018
Sold by
Ulanicki Lorraine
Bought by
Xchange Solutions Inc
Seller's Agent
Seth O'Byrne
Compass
Buyer's Agent
Stephanie Jezek
eXp Realty of Southern California, Inc.
List Price
$2,999,900
Sold Price
$2,950,000
Premium/Discount to List
-$49,900
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Nishi Mark Ray
Bought by
Nishi Mark Ray

Purchase Details

Closed on
Jun 27, 2011
Sold by
Snow Barbara
Bought by
Nishi Mark Ray

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bayfront Design & Management Inc Profit
Bought by
Snow Barbara

Purchase Details

Closed on
Dec 29, 1999
Sold by
Trust Hoot Terry E Corporation Profit Sha and Hoot Valerie
Bought by
Bayfront Design & Management Inc

Purchase Details

Closed on
Jan 3, 1997
Sold by
Pl Hoot Terry E Dds A P C Profit Shari and Hoot Terry E
Bought by
Hoot Valerie

Purchase Details

Closed on
Dec 14, 1988

Purchase Details

Closed on
Jul 15, 1986
Source: Public Records

Range of Values:

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Average Value
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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
Mays Mark H -- None Available
Mays Mark H -- Accommodation
Xchange Solutions Inc $2,950,000 Ticor Title Company San Dieg
Nishi Mark Ray -- None Available
Nishi Mark Ray $1,770,000 First American Title Company
Snow Barbara $2,650,000 Commonwealth Land Title Co
Bayfront Design & Management Inc -- --
Hoot Valerie -- --
-- $750,000 --
-- $605,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $2,950,000 -1.7% $1,023 / Sq Ft
06/19/2018 06/19/18 For Sale $2,999,900 0.0% $1,040 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $2,999,900 -- $1,040 / 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 $39,679 $3,290,775 $2,827,837 $462,938
2024 $39,679 $3,226,251 $2,772,390 $453,861
2023 $38,805 $3,162,992 $2,718,030 $444,962
2022 $37,772 $3,100,974 $2,664,736 $436,238
2021 $37,512 $3,040,172 $2,612,487 $427,685
2020 $37,055 $3,009,000 $2,585,700 $423,300
2019 $36,393 $2,950,000 $2,535,000 $415,000
2018 $22,995 $1,953,470 $1,732,690 $220,780
2017 $22,460 $1,915,167 $1,698,716 $216,451
2016 $22,106 $1,877,615 $1,665,408 $212,207
2015 $21,780 $1,849,413 $1,640,393 $209,020
2014 $21,429 $1,813,186 $1,608,260 $204,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180023693

San Diego MLS

APN: 423-718-03