NOT LISTED FOR SALE

3453 Ocean View Blvd Unit 59 San Diego, CA 92113

Mountain View Neighborhood
4 Beds
4 Baths
2,200 Sq Ft
8,276 Sq Ft Lot

Last Sold January 09, 2018

Last sale price $678,000 $308 Per Sq Ft

2 Days on Market

About This Home

As of January 2018

3453-3459 Ocean View Blvd is an ideal investment opportunity for a first time investor. Four stand alone, 1 bedroom 1 bathroom, cottage-style units. With rents at $1,100 each this investment is primed for someone to enjoy cash flow for years to come! These units are individually metered for Gas / Electric.

Last Agent to Sell the Property

Anton Burman

PROPR Real Estate Inc. License #01951375 Listed on: 12/01/2017

Last Buyer's Agent

Thomas McCartin

Marcus & Millichap License #01427348

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 8,276

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 545-641-24-00

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • Net Operating Income $36,546

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: South 35th
  • Neighborhood: Mountain View
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1925
  • 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

Condo/Co-op/Association

  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 545-641-24-00
  • Land Use Code: MF

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 36546
  • Annual Expense Actual: 14670
  • Gross Rent Multiplier Actual: 13.26
  • Gross Rent Multiplier Projected: 12.2
  • Gross Sched Income Actual: 52800
  • Gross Sched Income Projected: 57360
  • Number Of Buildings: 4
  • Number Of Units With Cooling: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

Collateral Analytics

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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

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $678,000 -3.0% $308 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
12/01/2017 12/01/17 For Sale $699,000 -- $318 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anton Burman

    Seller's Agent in 2018

    Anton Burman

    PROPR Real Estate Inc.

    (619) 955-0513

    13 Total Sales

    Anton Burman
    Section Image
  • Thomas McCartin

    Buyer's Agent in 2018

    Thomas McCartin

    Marcus & Millichap

    (858) 362-9376

    34 Total Sales

    Thomas McCartin
    Section Image
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Map

Source: San Diego MLS

MLS Number: 170060806

San Diego MLS

APN: 545-641-24-00

California San Diego County San Diego 92113 Mountain View

3453 Ocean View Blvd Unit 59, San Diego, CA

This home is located at 3453 Ocean View Blvd Unit 59, San Diego, CA 92113 since 01 December 2017. This property was built in 1925. 3453 Ocean View Blvd Unit 59 is a home located in San Diego County with nearby schools including Emerson/Bandini Elementary School, Logan Memorial Educational Campus, and King-Chavez Primary Academy.

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