$2,550,000
OPEN SAT 1PM - 4PM

Estimated payment $15,870/month

Total Views 20,567
5 Beds
4 Baths
2,588 Sq Ft
$985 Price per Sq Ft

Highlights

  • Gated Home
  • Silver Gate Elementary School Rated A
  • Gentle Sloping Lot

About This Home

Variance granted 2-4 Units. ADU LEASED FOR $3,300/MO - moved in on 7/1/25 with lease thru 12/31/25. Experience breathtaking ocean views and coastal luxury in this charming coastal chic property that seamlessly blends modern convenience with designer finishes that enhance both the primary residence and newly built ADU. Sweeping ocean views can be enjoyed from three of the home's five bedrooms, as well as the open-concept kitchen and living area. The reimagined kitchen boasts high-end finishes and thoughtful details, including a pull-out trash drawer, open shelving, an under-counter microwave, a beverage refrigerator, and a spacious island with bar seating. The primary bedroom is a true retreat, featuring two private decks—one with stunning southwest-facing ocean views and the other with breathtaking northwest-facing ocean views. A newly constructed detached 411 SF 1-BD ADU sits atop a 1-car garage, offering incredible ocean views from both the bedroom and living space. On the third level, a private rooftop deck takes full advantage of the panoramic coastline—arguably some of the best ADU views in San Diego County. The ADU features in-unit laundry, split HVAC units in both the L/R in Bed, and designer finishes. Endless possibilities await—rent out the ADU, live in it and lease the main house, or use it as a private retreat for guests or family. Don't miss this rare opportunity to own a fully updated coastal home with unmatched ocean views, high-end finishes, and ultimate flexibility. !!

Listing Agent

Rob Perkins

Westview Realty, Inc. License #01738376 Listed on: 07/14/2025

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,954

Year Built

  • Built in 1953

Lot Details

  • 3,800 Sq Ft Lot
  • Gated Home
  • Cross Fenced
  • Property is Fully Fenced
  • Gentle Sloping Lot

Home Design

  • Rolled or Hot Mop Roof
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 3-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Water Meter

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 448-621-12-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,954

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Froude St
  • Neighborhood: Point Loma Heights
  • LP / Sq Ft: 24.68
  • Stories: 3 Story
  • Total Stories: 3
  • Year Built: 1953
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Cross Fencing, Full, Gate
  • Roof: Composition, Rolled/Hot Mop

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Community: OCEAN BEACH
  • Manager Name: Robby Perkins
  • Manager Phone: 858-437-2976

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Slope Gentle
  • Zoning: R-1:SINGLE
  • Assessor Parcel Number: 448-621-12-00
  • Estimated Lot Sq Ft: 3800
  • Estimated Number of Acres: 0.09
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 44280
  • Gross Rent Multiplier Projected: 16.9
  • Gross Sched Income Projected: 147600
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $20,954 $1,737,468 $1,508,580 $228,888
2024 $20,954 $1,703,400 $1,479,000 $224,400
2023 $20,493 $1,670,000 $1,450,000 $220,000
2022 $6,886 $563,379 $464,903 $98,476
2021 $6,839 $552,334 $455,788 $96,546
2020 $6,756 $546,672 $451,115 $95,557
2019 $6,636 $535,954 $442,270 $93,684
2018 $6,204 $525,447 $433,599 $91,848
2017 $80 $515,146 $425,098 $90,048
2016 $5,960 $505,046 $416,763 $88,283
2015 $5,873 $497,460 $410,503 $86,957
2014 $5,781 $487,716 $402,462 $85,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $2,550,000 +52.7% $985 / Sq Ft
07/11/2022 07/11/22 Sold $1,670,000 -8.5% $770 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $1,825,000 0.0% $842 / Sq Ft
01/26/2022 01/26/22 For Sale $1,825,000 -6.4% $842 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $1,950,000 -- $899 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,670,000 Lawyers Title
Interfamily Deed Transfer -- Lawyers Title
Grant Deed $389,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Grant Deed $296,000 First American Title Co
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,500,000 Credit Line Revolving
Previous Owner $730,000 New Conventional
Previous Owner $598,000 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Unknown
Previous Owner $500,000 Unknown
Previous Owner $330,000 Credit Line Revolving
Previous Owner $322,700 Unknown
Previous Owner $304,500 Unknown
Previous Owner $140,000 Credit Line Revolving
Previous Owner $311,200 No Value Available
Previous Owner $203,000 No Value Available
Closed $38,900 No Value Available
Source: Public Records

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Source: San Diego MLS

MLS Number: 250033358

San Diego MLS

APN: 448-621-12