NOT LISTED FOR SALE
4 Beds
4 Baths
1,560 Sq Ft
6,251 Sq Ft Lot

Last Sold June 13, 2022

Last sale price $1,521,000 $975 Per Sq Ft

98 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Double Pane Windows
  • Ocean Beach Elementary School Rated A
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2022

With a variety of possibilities and an outstanding beach-close location, this multi-family property in San
Diego’s Point Loma Heights enclave is completely turnkey. Enjoy it as a two-unit investment, live in one
home and lease the other, or make it a private compound. Each detached residence spans approximately
780 square feet and features 2 bedrooms, 1 bath, vaulted and beamed ceilings throughout, front and rear
yards, and a host of classic Mid-Century Modern attributes, including large windows and indoor/outdoor
living. The front and back units feature an attached garage and driveway parking, and the back features a reserved
parking space. This rear residence is newly remodeled and boasts wood-inspired plank flooring, on-trend
bath finishes and fixtures, laundry, and an all-new kitchen with white Shaker cabinetry, solid-surface
countertops and stainless steel appliances. Approximately 6,255 square feet, the property is just minutes
from Mission Bay, Mission Beach, Ocean Beach, and the hot new restaurants, bars and shops in Pacific
Beach. The San Diego Sports Arena, Old Town, parks and schools are all nearby.

Last Agent to Sell the Property

Maryam Alizadeh Samini

Compass License #01886106 Listed on: 02/07/2022

Compass

Co-Listed By

Nikisa Razban

Compass License #01929025

Last Buyer's Agent

Trevor Johnson

Big Block Realty, Inc. License #01935852

Big Block Realty, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,251 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5,6 / 27
  • Tax Tract Number 1082
  • Assessor Parcel Number 4498670300

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Ocean Beach Subdivision

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,525
  • Water Sewer Expense $1,668
  • Operating Expense $2,868
  • Gross Income $67,200
  • Net Operating Income $64,332

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 762500
  • Property Attached: No
  • Subdivision Name Other: Ocean Beach
  • View: Yes
  • Water Sewer Expenses: 1668.00
  • Zoning: R4
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 4498670300
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Fireplace Features: Kitchen, Living Room
  • Levels: One
  • Price Per Square Foot: 975.00
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1525.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6251.0000 Square Feet
  • Net Operating Income: 64332.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 2868.00
  • Rent Control: No
  • Total Actual Rent: 5600.00
  • Total Expenses: 2868.00

Tax Info

  • Tax Block: 27
  • Tax Census Tract: 74.00
  • Tax Lot: 5,6
  • Tax Tract Number: 1082

Range of Values:

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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 List to Sale Price per Sq Ft Prior Sale
06/13/2022 06/13/22 Sold $1,521,000 -0.3% $975 / Sq Ft
05/17/2022 05/17/22 Price Changed $1,525,000 -4.4% $978 / Sq Ft
05/16/2022 05/16/22 Pending -- -- --
04/12/2022 04/12/22 Price Changed $1,595,000 -3.0% $1,022 / Sq Ft
04/01/2022 04/01/22 Price Changed $1,645,000 -2.9% $1,054 / Sq Ft
02/07/2022 02/07/22 For Sale $1,695,000 +30.4% $1,087 / Sq Ft
08/20/2021 08/20/21 Sold $1,300,000 +0.1% $833 / Sq Ft View Prior Sale
06/24/2021 06/24/21 Pending -- -- --
06/24/2021 06/24/21 Price Changed $1,299,000 -8.8% $833 / Sq Ft
05/20/2021 05/20/21 For Sale $1,425,000 -- $913 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP22023172

California Regional Multiple Listing Service (CRMLS)