$923,000
SOLD DEC 31, 2012
4 Beds
3 Baths
-- Sq Ft
1,398 Sq Ft Lot

Recently Sold

16% Below List Price

309 Days on Market

Highlights

  • Bay View
  • Corner Lot
  • Laundry Facilities
  • Pacific Beach Elementary School Rated A-
  • Community Barbecue Grill
  • West of 5 Freeway

About This Home

As of March 2021

Equity sale! SUPERIOR triplex on a corner lot & located along one of the most coveted areas of San Diego---Mission Bay. Steps to bay or ocean. Perfect for owner occupant to live-in one & rent other two or pure investment. Presently rented long term, actual rents can be increased and renting as either year-round vacation/weekly or alternatively, vacation in summer plus 9 month student could dramatically increase income. Never a vacancy. Upstairs units have bay views & 3 car pkg. See Supplemental Rmks. WOW!!! In addition to being located in the heart of what is unquestionably one of the best and most desirable areas of all San Diego, this location boasts everything which folks dream of when living at the beach or in this case, beaches...bay and ocean. This property is one lot from Mission Bay and less than a minute walk to the ocean. Enjoy the sun, swimming, jogging, biking, rollerblading, surfing, miles of boardwalk, restaurants & cafes, night life, boutique shops, grocery, public transportation, & a whole lot more. Extra storage closets, common laundry (install coin operated for addt'l income), one unit just completely remodeled, each unit has separate elec/gas meters. Buyer is encouraged to and must verify all information & conduct any and all inspections BFCOE. All info contained herein is deemed to be reliable but is not guaranteed.

Last Agent to Sell the Property

Tom Mattix

Thomas M. Mattix License #01294905 Listed on: 01/30/2012

Last Buyer's Agent

Fabio Fanelli

Fanelli Enterprises, Inc. License #01903611

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 1,398 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Bay Views

Location

  • West of 5 Freeway

Utilities

  • Gravity Heating System
  • 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 423-558-11-00

Community Details

Overview

  • 3 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Toulon
  • Neighborhood: Mission Beach
  • Supplement: WOW!!! In addition to being located in the heart of what is unquestionably one of the best and most desirable areas of all San Diego, this location boasts everything which folks dream of when living at the beach or in this case, beaches...bay and ocean. This property is one lot from Mission Bay and less than a minute walk to the ocean. Enjoy the sun, swimming, jogging, biking, rollerblading, surfing, miles of boardwalk, restaurants & cafes, night life, boutique shops, grocery, public transportation, & a whole lot more. Extra storage closets, common laundry (install coin operated for addt'l income), one unit just completely remodeled, each unit has separate elec/gas meters. Buyer is encouraged to and must verify all information & conduct any and all inspections BFCOE. All info contained herein is deemed to be reliable but is not guaranteed.
  • Stories: 2 Story
  • Sale Price List Price: 0.97
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition
  • View: Bay

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: PACIFIC BEACH
  • Complex Features: BBQ, Laundry Facilities

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Corner Lot, Public Street, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-N
  • Assessor Parcel Number: 423-558-11-00
  • Land Use Code: Mult
  • Estimated Lot Sq Ft: 1398

Rental Info

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

Multi Family

  • No. of Units: 3
  • Annual Expense Projected: 25951
  • Gross Rent Multiplier Projected: 15.65
  • Gross Sched Income Projected: 63820
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1
  • Other Income Projected: 780.0

Similar Homes in San Diego, CA

  • 4239 35th St, San Diego, CA 92104

    $1,149,000

    • 2 Beds
    • 2 Baths
    • 1,794 Sq Ft
    • 4239 35th St
    • San Diego, CA

    Welcome to a rare investment and lifestyle opportunity in the heart of San Diego! This exceptional property features two fully equipped units, each offering 2 bedrooms and 2 full bathrooms, making it ideal for multi-generational living, rental income, or living in one while leasing the other. Both units boast open floor plans and functional layouts, creating bright, inviting spaces perfect for

    Nick Wright Real Broker

    Section Image
  • 2925 Franklin Ave, San Diego, CA 92113

    $949,000

    • 6 Beds
    • 4 Baths
    • 2,432 Sq Ft
    • 2925 Franklin Ave
    • San Diego, CA

    Variance Granted 2-4 Units. Spacious Home with Guest Unit & Detached Shed Conversion in the Heart of the Arts District. This expansive two-story home offers 5 bed/2 bath, and an abundance of character, making it the perfect blend of historic charm and modern versatility. This unique property includes an attached 1-bed guest unit, ideal for extended family, rental income, or a private retreat.

    Ryan Main Compass

    Section Image
  • 4472 51st St Unit 74, San Diego, CA 92115

    $1,000,000

    • 4 Beds
    • 2 Baths
    • 4472 51st St
    • Unit 74
    • San Diego, CA

    **Charming Talmadge Duplex – Ideal Investment or Owner-Occupant Opportunity!** Located in the highly desirable **Talmadge neighborhood**, this **versatile duplex** offers a fantastic opportunity for investors or homeowners looking for rental income. With **two separate units**, each with **private entrances and a gated division for privacy**, this property provides flexibility and convenience.

    Jessica Nguyen HomeSmart Realty West

    Section Image
  • 441-43 Morrison St, San Diego, CA 92102

    $1,095,000

    • 6 Beds
    • 3 Baths
    • 1,906 Sq Ft
    • 441-43 Morrison St
    • San Diego, CA

    Live, Earn, Invest — All in One Property! This exceptional triplex in San Diego’s Mount Hope neighborhood offers a rare opportunity to live in one unit while generating rental income from the others. The property includes three distinct units: a spacious 3-bedroom/1-bath, a comfortable 2-bedroom/1-bath, and a newly built studio ADU. All units are currently tenant-occupied under month-to-month

    Joe Gold Coldwell Banker Realty

    Section Image
  • 751 Harris Ave, San Diego, CA 92154

    $799,000

    • 2 Beds
    • 2 Baths
    • 750 Sq Ft
    • 751 Harris Ave
    • San Diego, CA

    House and ADU were recently totally remodeled. Front house is 1 Bedroom 2 Baths, has spacious kitchen, newer cabinets, granite counters, stainless steel appl, newer windows & doors, newer light fixtures, tile floors in kitchen & baths. ADU is 2 Bedrooms 1 Bath with all tile floors. Permits unknown for ADU. Seller purchased prop with 2 units. Sale does not include land without concrete, that is a

    Loyda Yu Century 21 Affiliated

    Section Image
  • 1206-8 Viola St, San Diego, CA 92110

    $895,000

    • 2 Beds
    • 2 Baths
    • 922 Sq Ft
    • 1206-8 Viola St
    • San Diego, CA

    **2 Units, 4.55% CAP, Delivered Vacant** Fantastic Location Near the University of San Diego ~ Morena • Turnkey Duplex w/ Updated Finishes in Both Units • Luxury Vinyl Flooring, New Countertops, & Stainless Steel Appliances • Low Maintenance Property w/ Minimal Landscape • Walkable to Transit, Shops, and Restaurants (86 Walk Score) • Easy Access to I-5 & I-8.

    Angelo La Bruna Apartment Realty Group (ARG)

    Section Image
  • 3317-19 Jemez Dr, San Diego, CA 92117

    $1,049,000

    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft
    • 3317-19 Jemez Dr
    • San Diego, CA

    PRIME BAY HO DUPLEX. This classic Clairemont duplex, situated in the heart of the highly sought after Bay Ho neighborhood, is the epitome of ADU income potential. The current structure features a 2bd/1ba & a 1bd/1ba totaling 1232 rentable SF. The 1bd/1ba was remodeled in 2020 & the 2bd/1ba is well maintained with new flooring recently installed. Each unit comes with a single car garage and a

    David Lee Nara Advisors, Inc.

    Section Image
  • 4770-72 Jutland Dr, San Diego, CA 92117

    $1,150,000

    • 4 Beds
    • 2 Baths
    • 1,608 Sq Ft
    • 4770-72 Jutland Dr
    • San Diego, CA

    First time on the market in over 25 years. Both tenants are month-to-month. Each tenant has a private yard, washer/dryer hook-ups in the garage. Washers & dryers belong to the tenants. The refrigerator in 4772 does not convey. 4772 recently remodeled with new flooring and, upgraded bathroom. Both ranges convey and are less than a year old. Great location close to public transportation and

    Joni Burnett Keller Williams Realty

    Section Image
  • 3018-20 Nimitz Blvd, San Diego, CA 92106

    $999,999

    • 2 Beds
    • 2 Baths
    • 1,030 Sq Ft
    • 3018-20 Nimitz Blvd
    • San Diego, CA

    Prime Investment Opportunity in a Desirable Location! Located in one of San Diego’s highly sought-after neighborhoods, The property is a duplex or multi family. Top level is 1 bedroom 1 bath , living room dining room kitchen Down stairs is considered a studio , full kitchen 1 bath and enclosed porch . offers exceptional value and opportunity for investors or owner-occupants. Just minutes from

    Kwantida Payakka ROA California Inc

    Section Image

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

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
03/18/2021 03/18/21 Sold $1,600,000 +0.1% $1,085 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $1,599,000 +73.2% $1,084 / Sq Ft
12/31/2012 12/31/12 Sold $923,000 -16.1% --
12/04/2012 12/04/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $1,100,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 120005351

San Diego MLS

APN: 423-558-11-00