NOT LISTED FOR SALE
1 Bed
9 Baths
3,550 Sq Ft
5,673 Sq Ft Lot

Sale Details

Date Sold: September 6, 2024

Last sale price $3,000,000 $845 Per Sq Ft

47 Days on Market

Highlights

  • Community Barbecue Grill
  • Crown Point Junior Music Academy Rated A-
  • 5 Car Garage

About This Home

As of September 2024

9-Units in Pacific Beach (Crown Point) • Across the Street from Mission Bay • Optional Loan Assumption Available (3.18% Int. Rate, $960K Loan Balance, Until Dec 2026) • Extremely Well-Maintained Property • 7 of 9 Units Remodeled Last Several Years • One (1) Single-Car, One (1) Double-Car Garage + (2) Two Spaces • 1 and Likely 2 Units Delivered Vacant at Closing

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 12/14/2023

Last Buyer's Agent

Darragh Rafferty

The Browar Group License #02001065

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,673

Home Design

  • Composition Roof

Interior Spaces

  • 1 Bedroom
  • 3,550 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Car Garage
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • 5,673 Sq Ft Lot
  • Number of ADU Units: 1

Listing and Financial Details

  • Total Actual Rent $15,985

Community Details

Building Details

  • 9 Leased Units
  • Operating Expense $71,320

Additional Features

  • 9 Units
  • Community Barbecue Grill

Property Details

Home Type

Multi-Family

Lot Details

5,673 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: BBQ, Other/Remarks
  • CapRate: 3.4
  • Co List Office Mls Id: 60078
  • Living Area: 3550.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-01T07:35:39Z
  • FullAddress: 3976 Morrell St
  • NumofLeasedApartments: 9
  • ShortSale: No
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 1
  • Flooring: Slab

Exterior Features

  • Roof: Composition
  • Construction Type: Remarks

Garage/Parking

  • Parking Features: Garages, Spaces
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Laundry Features: Leased

Lot Info

  • Zoning: RM-1-1
  • Lot Size Sq Ft: 5673.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 9
  • Annual Operating Expense: 71320.0
  • Total Actual Rent: 15985.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/06/2024 09/06/24 Sold $3,000,000 -11.8% $845 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $3,400,000 -- $958 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $37,603 $3,000,000 $2,600,000 $400,000
2024 $18,037 $1,463,599 $1,045,431 $418,168
2023 $17,636 $1,434,902 $1,024,933 $409,969
2022 $17,166 $1,406,768 $1,004,837 $401,931
2021 $17,049 $1,379,185 $985,135 $394,050
2020 $16,842 $1,365,044 $975,034 $390,010
2019 $16,542 $1,338,279 $955,916 $382,363
2018 $15,464 $1,312,039 $937,173 $374,866
2017 $15,096 $1,286,314 $918,798 $367,516
2016 $14,852 $1,261,093 $900,783 $360,310
2015 $7,028 $594,733 $249,959 $344,774
2014 $6,920 $583,084 $245,063 $338,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230023987

San Diego MLS

APN: 424-503-04-00

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