NOT LISTED FOR SALE

3492 Bayside Ln San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $2,184,000 - $3,013,000

5 Beds
4 Baths
-- Sq Ft
0.48 Acres

Last Sold May 22, 2018

Last sale price $1,600,000

Est. 61% increase in value since last sale

Current estimated payment $16,182/month

101 Days on Market

Highlights

  • Bay View
  • Partially Fenced Property
  • Wood Siding
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 5-minute walk to Mission Beach Pocket Park

About This Home

As of May 2018

Fantastic location! 4 houses to the Pacific Ocean & Boardwalk, 1 to the beautiful bay! This solid duplex provides options & income. Ground floor 3 BR/2 BA unit with brick patio & peak bay view. Upper 2BR/2BA offers private deck off LR & BR, also with peak bay view. There are two large 1-car garages, each with laundry/ storage. Units are separately metered. EZ stroll to local restaurants, shops, several water sports centers, Belmont Park. 2 miles to Sea World. Rental, Owner occupy, 2nd home..hybrid?

Last Listed By

Bob Ruane

Compass License #01073889 Listed on: 01/10/2018

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,025

Year Built

  • Built in 1960

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Bay Views

Location

  • West of 5 Freeway

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 423-617-04-00

Community Details

Overview

  • 2 Units
  • Bayside El Carmel Community

Building Details

  • Net Operating Income $43,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,025

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: El Carmel
  • Neighborhood: Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1960
  • 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, Wood
  • Fencing: Partial
  • Roof: Composition
  • View: Bay

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Bayside El Carmel
  • 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
  • Site: Alley Access, Public Street, Rear Yd Str Access, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-617-04-00

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 43100
  • Annual Expense Actual: 21700
  • Gross Rent Multiplier Actual: 26.6
  • Gross Rent Multiplier Projected: 25.6
  • Gross Sched Income Actual: 64800
  • Gross Sched Income Projected: 67200
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • 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

Closed on
Jul 15, 2021
Sold by
Lecuna Daniel Antonio and Lecuna Sarah
Bought by
3254 Greely Lp
Total Days on Market
101
Current Estimated Value
$2,578,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,425
Outstanding Balance
$1,094,997
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,554,393

Purchase Details

Closed on
Jun 16, 2021
Sold by
Lecuna Daniel Antonio
Bought by
Lecuna Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,425
Outstanding Balance
$1,094,997
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$1,554,393

Purchase Details

Closed on
Feb 24, 2021
Sold by
Bahl Joshua L and Bahl April Marie
Bought by
3254 Greely Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,126,125
Interest Rate
2.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2018
Sold by
Bahl Joshua and Bahl April
Bought by
Bahl Joshua L and Bahl April Marie

Purchase Details

Listed on
Jan 10, 2018
Closed on
Apr 24, 2018
Sold by
Nedley Stephen
Bought by
Bahl Joshua and Bahl April
Seller's Agent
Bob Ruane
Compass
Buyer's Agent
Joshua Krause
Joshua Krause
List Price
$1,725,000
Sold Price
$1,600,000
Premium/Discount to List
-$125,000
-7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$1,040,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 2, 2014
Sold by
Nedley S P
Bought by
Nedley Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,800
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2000
Sold by
Knight Morris and Knight Gail
Bought by
Nedley Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,400
Interest Rate
8.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 9, 1988

Purchase Details

Closed on
Feb 27, 1985

Range of Values:

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Average Value
Not Available
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
3254 Greely Lp -- None Available
Reel Life Inc -- None Available
Lecuna Daniel Antonio -- None Available
Lecuna Daniel Antonio -- None Available
Lecuna Sarah -- None Available
Lecuna Daniel Antonio -- None Available
Lecuna Daniel Antonio -- None Available
Lecuna Daniel Antonio -- None Available
3254 Greely Lp $1,609,000 Chicago Title Company
Bahl Joshua L -- None Available
Bahl Joshua $1,600,000 Chicago Title Company
Nedley Stephen -- Wfg Title Insurance Company
Nedley Peter $499,000 Chicago Title Co
-- $325,000 --
-- $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lecuna Sarah $1,150,425
Previous Owner 3254 Greely Lp $1,126,125
Previous Owner Bahl Joshua L $1,000,000
Previous Owner Bahl Joshua $1,040,000
Previous Owner Nedley Stephen $455,800
Previous Owner Nedley S P $503,500
Previous Owner Nedley S P $250,000
Previous Owner Nedley Peter $299,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2018 05/22/18 Sold $1,600,000 -7.2% --
04/22/2018 04/22/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $1,725,000 -- --
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 $21,025 $1,707,217 $1,485,691 $221,526
2023 $20,560 $1,673,743 $1,456,560 $217,183
2022 $20,012 $1,640,925 $1,428,000 $212,925
2021 $20,775 $1,681,884 $1,471,649 $210,235
2020 $20,522 $1,664,640 $1,456,560 $208,080
2019 $20,156 $1,632,000 $1,428,000 $204,000
2018 $7,966 $674,036 $540,318 $133,718
2017 $7,789 $660,821 $529,724 $131,097
2016 $7,665 $647,865 $519,338 $128,527
2015 $7,552 $638,135 $511,538 $126,597
2014 $7,345 $625,636 $501,518 $124,118
Source: Public Records

Agents Affiliated with this Home

  • Bob Ruane

    Seller's Agent in 2018

    Bob Ruane

    Compass

    19 in this area

    32 Total Sales

    Bob Ruane
    Section Image
  • Joshua Krause

    Buyer's Agent in 2018

    Joshua Krause

    Joshua Krause

    (858) 922-8545

    76 Total Sales

    Joshua Krause
    Section Image
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Map

Source: San Diego MLS

MLS Number: 180001728

San Diego MLS

APN: 423-617-04

California San Diego County San Diego 92109 Mission Beach

3492 Bayside Ln, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 3492 Bayside Ln, San Diego, CA 92109 since 10 January 2018 and is currently estimated at $2,578,051. This property was built in 1960. 3492 Bayside Ln 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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