NOT LISTED FOR SALE
4 Beds
4 Baths
-- Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: January 6, 2025

Last sale price $3,800,000 $0 Per Sq Ft

2 Days on Market

Highlights

  • Ocean View
  • Security System Owned
  • Trails
  • Fireplace
  • Community Barbecue Grill
  • Laundry Facilities

About This Home

As of January 2025

Rare opportunity to own two separate Beach Barber Tract duplexes with four units at the bottom of Iconic Nautilus St and Neptune steps to the sand at Wind N Sea Beach. Pride of ownership, privacy, and charm embody these four turn-key units with full designer kitchens, bathrooms, charming brick fireplaces in front units, detached two-car closed garages, and laundry room with peek ocean views from front unit decks. Charming brick courtyards bookend the front and back of the property, where each unit has its red brick patio/deck—walkability score 10, to beaches, restaurants, and a gourmet grocery store—excellent and proven long-term investment value. The property is currently operated as a VRBO; financials can be provided. Buyers can maintain existing income properties or actualize this property’s potential to be developed into two luxury homes with Ocean views, each with its own ADU.

Last Agent to Sell the Property

Thomas Andrews

Compass License #02182823 Listed on: 09/27/2024

Compass

Co-Listed By

Robert Andrews

Compass License #01186977

Compass

Last Buyer's Agent

Robert Andrews

Compass License #01186977

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Ocean Views
  • Security System Owned

Eco-Friendly Details

  • Sprinklers on Timer

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, gas/propane
  • Assessor Parcel Number 351-262-13-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Beach Barber Tract Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $112,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Nautilus and Neptune
  • Neighborhood: Windansea
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1951
  • 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: Brick, Stucco, Wood/Stucco
  • Fencing: Full, Gate
  • Roof: Composition
  • View: Ocean

Utilities

  • Security: Eqpt Owned
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Fireplace

Condo/Co-op/Association

  • Complex Name: Beach Barber Tract
  • Pets Allowed: Yes
  • Community: LA JOLLA
  • Complex Features: BBQ, Biking/Hiking Trails, Laundry Facilities

Lot Info

  • Irrigation: Automatic, Drip
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Sidewalks
  • Topography: Level
  • Assessor Parcel Number: 351-262-13-00

Rental Info

  • Tenant Pays: Cable TV, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 112400
  • Gross Rent Multiplier Actual: 18.37
  • Number Of Buildings: 2
  • Number Of Furnished Units: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Jan 2, 2025
Sold by
Bought by
Seller's Agent
Thomas Andrews
Compass
Buyer's Agent
Robert Andrews
Compass
List Price
$4,150,000
Sold Price
$3,800,000
Premium/Discount to List
-$350,000
-8.43%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,180,815
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2024
Closed on
Dec 13, 2024
Sold by
Bought by
Seller's Agent
Thomas Andrews
Compass
Buyer's Agent
Robert Andrews
Compass
List Price
$4,150,000
Sold Price
$3,800,000
Premium/Discount to List
-$350,000
-8.43%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,180,815
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2019
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2017
Sold by
Bought by

Purchase Details

Closed on
Oct 2, 2012
Sold by
Bought by

Purchase Details

Closed on
Aug 24, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Lawyers Title
-- Lawyers Title
$3,800,000 Lawyers Title
$2,975,000 California Title Company
$2,350,000 First American Title Company
$1,375,000 Fidelity National Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,200,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $3,800,000 -8.4% --
09/30/2024 09/30/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $4,150,000 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $41,281 $3,876,000 $3,264,000 $612,000
2025 $39,219 $3,253,593 $2,952,842 $300,751
2024 $39,219 $3,189,798 $2,894,944 $294,854
2023 $38,355 $3,127,254 $2,838,181 $289,073
2022 $37,335 $3,065,936 $2,782,531 $283,405
2021 $37,080 $3,005,821 $2,727,972 $277,849
2020 $36,629 $2,975,000 $2,700,000 $275,000
2019 $29,573 $2,397,000 $2,193,000 $204,000
2018 $27,645 $2,350,000 $2,150,000 $200,000
2017 $17,191 $1,466,354 $1,246,721 $219,633
2016 $16,917 $1,437,603 $1,222,276 $215,327
2015 $16,667 $1,416,010 $1,203,917 $212,093
2014 $16,405 $1,388,273 $1,180,334 $207,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240023037

San Diego MLS

APN: 351-262-13-00

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