NOT LISTED FOR SALE

3776 Ocean View Blvd San Diego, CA 92113

Mountain View Neighborhood
8 Beds
4 Baths
2,880 Sq Ft
3,485 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $1,040,000 $361 Per Sq Ft

104 Days on Market

About This Home

As of July 2020

3776 Ocean View Blvd was renovated completely in May of 2019, and is currently occupied by all section 8 tenants. Rents are stronger than any other property in this submarket, and the tenants are there to stay. Owner also incorporated an extra $95/mo charge in the lease for water bill back. If you are looking for a turnkey asset that will cashflow better anything else available right now, then this property is for you. FULL OM IN DOCUMENTS.

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 02/19/2020

Last Buyer's Agent

Bobby Martins

eXp Realty of California, Inc License #01339628

eXp Realty of California, Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,485

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 2-Story Property
  • Cross Fenced

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 546-282-11-00

Community Details

Overview

  • 4 Units
  • Mountain View Park Community

Building Details

  • Net Operating Income $63,397

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: S 38th St
  • Neighborhood: Mountain View
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • 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
  • Fencing: Cross Fencing
  • Roof: Composition

Utilities

  • Cooling: Central Forced Air

Condo/Co-op/Association

  • Complex Name: Mountain View Park
  • Community: LOGAN HEIGHTS

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 546-282-11-00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 63397
  • Annual Expense Actual: 20760
  • Gross Rent Multiplier Actual: 11.9
  • Gross Rent Multiplier Projected: 11.7
  • Gross Sched Income Actual: 85200
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Washers: 4

Range of Values:

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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
07/27/2020 07/27/20 Sold $1,040,000 -1.0% $361 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $1,050,000 0.0% $365 / Sq Ft
05/11/2020 05/11/20 For Sale $1,050,000 -4.5% $365 / Sq Ft
04/02/2020 04/02/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $1,100,000 0.0% $382 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $1,100,000 +155.8% $382 / Sq Ft
12/05/2013 12/05/13 Sold $430,000 0.0% $149 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
09/29/2013 09/29/13 For Sale $430,000 -- $149 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jason Lee

    Seller's Agent in 2020

    Jason Lee

    Nara Advisors, Inc.

    (858) 343-4655

    1 in this area

    121 Total Sales

    Jason Lee
    Section Image
  • Bobby Martins

    Buyer's Agent in 2020

    Bobby Martins

    eXp Realty of California, Inc

    (858) 299-6792

    1 in this area

    303 Total Sales

    Bobby Martins
    Section Image
  • Adam Wolf

    Buyer Co-Listing Agent in 2020

    Adam Wolf

    Redfin Corporation

    (858) 699-3040

    Section Image
  • Craig Blakey

    Seller's Agent in 2013

    Craig Blakey

    Lenders Realty

    (858) 735-3863

    Section Image

  • L

    Buyer's Agent in 2013

    LeeDora Blanton

    FOSTER HAMILTON Real Estate

    Section Image
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Map

Source: San Diego MLS

MLS Number: 200008333

San Diego MLS

APN: 546-282-11-00

California San Diego County San Diego 92113 Mountain View

3776 Ocean View Blvd, San Diego, CA

This home is located at 3776 Ocean View Blvd, San Diego, CA 92113 since 19 February 2020. This property was built in 1960. 3776 Ocean View Blvd 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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