NOT LISTED FOR SALE

Estimated Value: $3,920,372 - $4,005,000

3 Beds
3 Baths
1,877 Sq Ft
$2,106/Sq Ft Est. Value

Last Sold October 19, 2018

Last sale price $1,225,000 $653 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $24,865/month

10 Days on Market

Highlights

  • Ocean View
  • Gentle Sloping Lot
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A
  • Wood Siding
  • 1-Story Property

About This Home

As of October 2018

Rare find!!! Zoned RM1-1 (2 units) in Sunset Cliffs of Ocean Beach. Sits high on Niagara Ave with Panoramic Ocean Views! Development potential!! Currently a 2 bedroom, 1 bathroom home that is 1568 sq ft. One studio of 309 sq ft. on a 9257 rectangular, sq ft lot with panoramic views. Perfect to build your dream home or build 2 homes. This is being sold in conjunction with the adjacent vacant land that is 6,160 sq ft and is also zoned for 2 units.

Last Agent to Sell the Property

Nancy Beck

Realty One Group Pacific License #01229297 Listed on: 09/08/2018

Realty One Group Pacific

Last Buyer's Agent

Lanz Correia

Coldwell Banker West License #01883404

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $45,711

Year Built

  • Built in 1926

Lot Details

  • 9,257 Sq Ft Lot
  • Gentle Sloping Lot

Property Views

  • Ocean
  • Panoramic

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 448-651-26-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$45,711

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Froude
  • Neighborhood: Sunset Cliffs
  • Miscellaneous: Value in Land
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1926
  • 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: Wood
  • Roof: Composition
  • View: Ocean, Panoramic, Panoramic Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: R2
  • Assessor Parcel Number: 448-651-26-00
  • Estimated Lot Dimensions: 72x140
  • Estimated Lot Sq Ft: 9257
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 7

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2025
Sold by
Moore Christopher and Moore Wendi
Bought by
Niagara House Trust and Moore
Current Estimated Value
$3,952,093

Purchase Details

Closed on
Feb 2, 2025
Sold by
Kan Living Trust and Luna Karen
Bought by
Moore Christopher and Moore Wendi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
6.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2022
Sold by
Beach Developer Lp
Bought by
Beach Investments Lp

Purchase Details

Listed on
Sep 8, 2018
Closed on
Oct 16, 2018
Sold by
Diano John J
Bought by
Beach Developer Lp
Seller's Agent
Nancy Beck
Realty One Group Pacific
Buyer's Agent
Lanz Correia
Coldwell Banker West
List Price
$1,195,000
Sold Price
$1,225,000
Premium/Discount to List
$30,000
2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.91%
Original Mortgage
$1,540,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Niagara House Trust -- None Listed On Document
Moore Christopher $3,850,000 Fidelity National Title
Beach Investments Lp -- None Listed On Document
Beach Developer Lp $1,925,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Christopher $1,925,000
Previous Owner Kan Living Trust $1,300,000
Previous Owner Beach Developer Lp $2,362,500
Previous Owner Beach Developer Lp $3,818,135
Previous Owner Beach Developer Lp $450,000
Previous Owner Beach Developer Lp $1,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2018 10/19/18 Sold $1,225,000 +2.5% $653 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $1,195,000 -- $637 / 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 $45,711 $3,793,818 $2,865,261 $928,557
2024 $45,711 $3,719,430 $2,809,080 $910,350
2023 $44,707 $3,646,500 $2,754,000 $892,500
2022 $18,149 $1,489,406 $809,406 $680,000
2021 $9,804 $793,536 $793,536 $0
2020 $15,149 $1,229,100 $1,152,600 $76,500
2019 $14,879 $1,205,000 $1,130,000 $75,000
2018 $1,136 $100,890 $60,278 $40,612
2017 $1,107 $98,913 $59,097 $39,816
2016 $1,086 $96,975 $57,939 $39,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180050567

San Diego MLS

APN: 448-651-29