NOT LISTED FOR SALE
5 Beds
4 Baths
-- Sq Ft
3,485 Sq Ft

Last Sold January 29, 2021

Last sale price $2,225,000

18 Days on Market

About This Home

As of January 2021

World Class WindanSea Beach is steps away from this investment opportunity. These Ocean close four units are perfect they way they are or ready for upgrades to match the location. Excellent long term tenants enjoy 2,746 square feet of living area with designated parking for four cars. The lot is 3,014 square feet. This property is located mid block and west of La Jolla Blvd. The demand for units of this size and price point make this an attractive and stable investment.

Last Agent to Sell the Property

Trent Wagenseller

Coldwell Banker Realty License #01248422 Listed on: 11/06/2020

Coldwell Banker Realty

Co-Listed By

Jim McInerney

eXp Realty of Southern California, Inc. License #01334502

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 3,014

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • 3,014 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 351-383-15

Community Details

Overview

  • 4 Units
  • Windansea Community

Building Details

  • Net Operating Income $57,650

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

3,014 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: La Jolla Blvd
  • Neighborhood: Windansea
  • LP / Sq Ft: 34.15
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • 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: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Roof: Rolled/Hot Mop

Condo/Co-op/Association

  • Complex Name: Windansea
  • Community: LA JOLLA

Lot Info

  • Lot Size: 1-3,999 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 351-383-15
  • Estimated Lot Sq Ft: 3014
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 57650
  • Gross Rent Multiplier Actual: 29.0
  • Gross Rent Multiplier Projected: 24.0
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $2,225,000 -3.1% --
11/25/2020 11/25/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $2,295,000 -- --
Source: San Diego MLS

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 $29,044 $2,408,409 $2,056,620 $351,789
2024 $29,044 $2,361,187 $2,016,295 $344,892
2023 $28,403 $2,314,890 $1,976,760 $338,130
2022 $27,648 $2,269,500 $1,938,000 $331,500
2021 $7,983 $644,440 $459,771 $184,669
2020 $7,886 $637,833 $455,057 $182,776
2019 $7,746 $625,328 $446,135 $179,193
2018 $7,242 $613,068 $437,388 $175,680
2017 $7,070 $601,048 $428,812 $172,236
2016 $6,955 $589,263 $420,404 $168,859
2015 $6,853 $580,413 $414,090 $166,323
2014 $6,746 $569,044 $405,979 $163,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200050956

San Diego MLS

APN: 351-383-15-00

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