NOT LISTED FOR SALE

Estimated Value: $3,298,000 - $4,324,000

4 Beds
6 Baths
2,300 Sq Ft
$1,572/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $2,400,000 $1,043 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $22,874/month

91 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Laundry Facilities
  • Level Lot
  • Pacific Beach Elementary School Rated A-
  • Partially Fenced Property
  • 3-minute walk to Santa Clara Point

About This Home

As of August 2019

Direct Bayfront. Almost ready to move in. Currently under renovation That is nearly complete. Modern Bayfront Duplex with panoramic views of Mission Bay, SeaWorld & Downtown.

Last Listed By

Bill Luther

Bill Luther Realty License #00552533 Listed on: 02/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,660

Year Built

  • Built in 1988

Lot Details

  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • Bay
  • Panoramic
  • City Lights

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3-Story Property

Location

  • West of 101 Freeway
  • West of 5 Freeway

Utilities

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

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 423-596-14-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Laundry Facilities
  • Net Operating Income $82,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,660

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ostend Court
  • Neighborhood: North Mission
  • Supplement: Modern Bayfront Duplex with panoramic views of Mission Bay, SeaWorld & Downtown.
  • LP / Sq Ft: 30.43
  • Stories: 3 Story
  • Sale Price List Price: 0.96
  • Total Stories: 3
  • Year Built: 1988
  • 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
  • Fencing: Partial
  • Frontage: Bay
  • Roof: Composition, Rolled/Hot Mop
  • View: Bay, City, Evening Lights, 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

  • Pets Allowed: Yes
  • Community: MISSION BEACH
  • Complex Features: Laundry Facilities
  • Manager Name: Deena Moses
  • Manager Phone: 858 488-1580

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Sidewalks, Street Paved, West of I-5, West of 101
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: MBPD-RS
  • Assessor Parcel Number: 423-596-14-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 82000
  • Annual Expense Actual: 35400
  • Annual Expense Projected: 35400
  • Gross Rent Multiplier Actual: 22.0
  • Gross Rent Multiplier Projected: 22.0
  • Gross Sched Income Projected: 9400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2019
Sold by
Mouser John B and Mouser Michael Timothy
Bought by
Funke Thomas Milton and The Thomas Milton Fnuke Trust
Total Days on Market
91
Current Estimated Value
$3,615,369

Purchase Details

Closed on
Jun 7, 2002
Sold by
Mouser John B
Bought by
Mouser John B and The Survivors Trust

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 3721-25 Riviera Dr, San Diego, CA 92109

    $3,495,000

    • 6 Beds
    • 5 Baths
    • 2,700 Sq Ft
    • 3721-25 Riviera Dr
    • San Diego, CA

    This turnkey triplex in Crown Point is a rare investment opportunity, offering exceptional short-term rental and long-term cash flow potential. Completely upgraded with modern finishes and featuring exterior and interior renovations throughout, this property is move-in ready and optimized for maximum rental income. The front detached 3-bed, 2-bath home along Riviera Drive provides the perfect

    Amber Anderson Pacific Sotheby's Int'l Realty

    Section Image
  • 1215 Grand Ave, San Diego, CA 92109

    $3,495,000

    • 6 Beds
    • 6 Baths
    • 1215 Grand Ave
    • San Diego, CA

    Welcome to this immaculate duplex located blocks down from the sandy shores, offering the perfect blend of coastal living and turnkey investment potential. Both units were fully remodeled from Ground Up. Step into this completely transformed home, where every inch has been reimagined with care, quality, and a designer touch. This property has been taken down to the studs and rebuilt to meet

    Mason Ballard Weichert SoCal

    Section Image
  • 247 Playa Del Norte St, San Diego, CA 92037

    $3,600,000

    • 2 Beds
    • 5 Baths
    • 2,469 Sq Ft
    • 247 Playa Del Norte St
    • San Diego, CA

    *Variance granted for listed Property Class* This “lock & go” detached beach house built in 2020 only 500 feet from Windansea Beach with whitewater ocean views, a guest apartment, and exceptional parking is the perfect primary home, pied-à-terre, or investment property. HOA does not restrict vacation rentals. A street-to-street lot invites sunlight throughout and takes advantage of ocean views

    Steve Cairncross Berkshire Hathaway HomeServices California Properties

    Section Image
  • 3852-56 1st Ave, San Diego, CA 92103

    $3,000,000

    • 5 Beds
    • 5 Baths
    • 2,900 Sq Ft
    • 3852-56 1st Ave
    • San Diego, CA

    Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample 2 alley parking spots and 3 detached garages

    Ali Batiari Pellego, Inc.

    Section Image
  • 541 & 543 Camino Del Mar, Del Mar, CA 92014

    $3,600,000

    • 4 Beds
    • 6 Baths
    • 2,990 Sq Ft
    • 541 & 543 Camino Del Mar
    • Del Mar, CA

    Charming Ocean-View Duplex in Olde Del Mar! This turn-key property features two townhomes, each with 2 bedrooms and 2.5 bathrooms, an oversized 2-car garage, plus additional outdoor parking, ideal for those seeking an elegant coastal lifestyle or investment opportunity. Located a few blocks from Del Mar Village, residents will enjoy easy access to trendy restaurants, boutique shopping & the

    Debbie Carpenter Luxury Coast Grp Barry Estates

    Section Image

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
Funke Thomas Milton $2,400,000 Chicago Title Company
Mouser Vera Lynn -- Chicago Title Company
Mouser Machael Timothy -- Chicago Title Company
Mouser John B -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $2,400,000 -3.8% $1,043 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $2,495,000 -- $1,085 / 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
2024 $31,660 $2,573,282 $2,283,789 $289,493
2023 $30,962 $2,522,826 $2,239,009 $283,817
2022 $30,138 $2,473,359 $2,195,107 $278,252
2021 $29,930 $2,424,863 $2,152,066 $272,797
2020 $29,565 $2,400,000 $2,130,000 $270,000
2019 $17,854 $1,445,205 $1,180,399 $264,806
2018 $16,692 $1,416,868 $1,157,254 $259,614
2017 $16,307 $1,389,087 $1,134,563 $254,524
2016 $3,858 $323,703 $124,635 $199,068
2015 $3,802 $318,841 $122,763 $196,078
2014 $3,737 $312,597 $120,359 $192,238
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 190006717

San Diego MLS

APN: 423-596-14