NOT LISTED FOR SALE

3755 Ocean Front Walk Unit 5 San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $1,252,175 - $1,362,000

2 Beds
1 Bath
784 Sq Ft
$720/mo HOA Fee

Last Sold September 14, 2023

Last sale price $1,185,000 $1,511 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,006/month

6 Days on Market

Highlights

  • Beach Front
  • Marble Flooring
  • Open Space
  • Pacific Beach Elementary School Rated A-
  • Breakfast Area or Nook
  • Level Lot

About This Home

As of September 2023

Ocean Front Property!!! Its one of the best values on the beach. This is a beautiful single level condo right on the ocean. Half of the year it is owner occupied and the other half it is an incoming producing vacation rental with around 80K a year gross revenue with the potential for much more if rented full time. This is a ground floor unit with laminate floors, marble bathroom and beautifully remodeled quartz kitchen. One added bonus is the parking spot is directly in front of unit. Property can be sold fully furnished.

Last Agent to Sell the Property

Jacob Menath

eXp Realty of Southern California, Inc. License #01742516 Listed on: 06/21/2023

eXp Realty of Southern California, Inc.

Last Buyer's Agent

Jacob Menath

eXp Realty of Southern California, Inc. License #01742516 Listed on: 06/21/2023

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,596

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Open Space
  • Block Wall Fence

HOA Fees

  • $720 Monthly HOA Fees

Home Design

  • Flat Roof Shape

Interior Spaces

  • 784 Sq Ft Home
  • 3-Story Property

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • 1 Parking Space
  • Assigned Parking

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 423-582-16-05

Community Details

Overview

  • Association fees include cable/tv services, common area maintenance, exterior (landscaping), exterior bldg maintenance, gas, hot water, limited insurance, roof maintenance, sewer, trash pickup, water
  • 18 Units
  • Top Of The Beach Association, Phone Number (858) 550-7900
  • Top Of The Beach Community

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,596

Year Built

Built in 1974

Lot Details

0

HOA Fees

$720 per month

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Redondo
  • Neighborhood: Mission Beach
  • LP / Sq Ft: 1529.34
  • Price Per Sq Ft: 1511.48
  • SP/ Sq Ft: 1511.48
  • Stories: 1 Story
  • Stories In Building: 3
  • Ownership: Fee Simple
  • Total Stories: 1
  • Year Built: 1974
  • A D U Yes No: No
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 5
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Laminate, Marble
  • Equipment Available: Dishwasher, Microwave, Refrigerator, Gas Range
  • Searchable Rooms: Bedroom Entry Level, Breakfast Area, All Bedrooms Down
  • Total Bedrooms: 2
  • Bedrooms: 2
  • Master Bedroom Dimensions: 14x10
  • Full Bathrooms: 1
  • Laundry Location: Community, Garage
  • Estimated Sq Ft: 784
  • Total Bathrooms: 1

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Blockwall
  • Frontage: Ocean/Bluff, Ocean/Sand, Open Space
  • Roof: Flat

Garage/Parking

  • Garage Details: Assigned
  • Non Garage Parking: Assigned
  • Garage Spaces: 1
  • Parking Spaces Total: 1

Utilities

  • Laundry Utilities: Gas
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heating: Wall/Gravity
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: Top Of The Beach
  • Total Fees: 8640.0
  • Pets Allowed: Allowed w/Restrictions
  • Units In Building: 18
  • Total Number of Units: 18
  • Community: MISSION BEACH
  • Home Owner Association: Top of the Beach
  • Home Owner Association Fee Includes: Cable/TV Services, Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gas, Hot Water, Limited Insurance, Roof Maintenance, Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 720.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-550-7900

Association/Amenities

  • Entry Level Unit: 1

Fee Information

  • Total Monthly Fees: 720

Lot Info

  • Lot Size: 0 (Common Interest)
  • Topography: Level
  • Assessor Parcel Number: 423-582-16-05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Mlm Family Trust
Bought by
Paine Edward Rae and Paine Maria
Current Estimated Value
$1,297,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,750
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2019
Sold by
Menath Michael and Menath Lisa
Bought by
Menath Michael and Menath Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,350
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2018
Closed on
Jun 26, 2018
Sold by
Smith Sandra L
Bought by
Menath Michael T
Seller's Agent
Joeseph Ghio
Coldwell Banker West
Buyer's Agent
Jacob Menath
eXp Realty of Southern California, Inc.
List Price
$1,122,689
Sold Price
$1,035,195
Premium/Discount to List
-$87,494
-7.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%

Purchase Details

Closed on
Nov 19, 2015
Sold by
Smith Sandra Lois
Bought by
Smith Sandra L

Purchase Details

Closed on
Dec 20, 2004
Sold by
Parker Patrick A and Parker Mia B
Bought by
Smith Sandra Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
4.97%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 4, 2002
Sold by
Brennan Daniel C and Brennan Deborah M
Bought by
Parker Patrick A and Parker Mia B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2001
Sold by
Brennan Daniel C and Brennan Deborah M
Bought by
Brennan Daniel C and Brennan Deborah M

Purchase Details

Closed on
Dec 24, 1993
Sold by
Sheive David C and Sheive Ellen
Bought by
Sheive David C and Sheive Ellen A

Purchase Details

Closed on
Apr 3, 1992

Purchase Details

Closed on
Jul 30, 1986
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Paine Edward Rae $1,185,000 Wfg National Title
Menath Michael -- Consumers Title Co Of Ca Inc
Menath Michael -- Consumers Title Co Of Ca Inc
Menath Michael T $1,035,000 Fidelity National Title
Smith Sandra L -- None Available
Smith Sandra Lois $950,000 Chicago Title Co
Parker Patrick A $600,000 Chicago Title Co
Brennan Daniel C -- --
Sheive David C -- --
-- $279,000 --
-- $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paine Edward Rae $888,750
Previous Owner Menath Michael $484,350
Previous Owner Smith Sandra Lois $355,000
Previous Owner Parker Patrick A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,185,000 -1.2% $1,511 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $1,199,000 +15.8% $1,529 / Sq Ft
07/16/2018 07/16/18 Sold $1,035,195 -5.0% $1,320 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
06/02/2018 06/02/18 Price Changed $1,089,999 -2.9% $1,390 / Sq Ft
05/12/2018 05/12/18 For Sale $1,122,689 -- $1,432 / 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
2025 $14,596 $1,208,700 $1,096,500 $112,200
2024 $14,596 $1,185,000 $1,075,000 $110,000
2023 $13,637 $1,109,725 $1,018,590 $91,135
2022 $13,274 $1,087,967 $998,618 $89,349
2021 $13,182 $1,066,636 $979,038 $87,598
2020 $13,022 $1,055,700 $969,000 $86,700
2019 $12,789 $1,035,000 $950,000 $85,000
2018 $10,903 $925,000 $842,000 $83,000
2017 $10,862 $925,000 $842,000 $83,000
2016 $10,610 $900,000 $820,000 $80,000
2015 $10,026 $850,000 $775,000 $75,000
2014 $9,471 $800,000 $730,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230011405

San Diego MLS

APN: 423-582-16-05