NOT LISTED FOR SALE
2 Beds
4 Baths
-- Sq Ft
3,598 Sq Ft Lot

Last Sold July 11, 2018

Last sale price $1,175,000

11 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A

About This Home

As of July 2018

Seller will entertain offers between $1,095,000 & $1,294,876. Fabulous 4 unit complex located in the heart of Ocean Beach with long term tenants on month to month leases. Very rare-4 unit complex has not been on the market for over 30 years. Lovely compound featuring Spanish Architecture,1 car garage & driveway pkg. Consist of 2- 1/1 BR/BA units & 2-studios, each w/ their own baths. XL lot w/ extra patio & garden space. Moments from shopping, cafes, beaches and freeways, this gem wont last long.

Last Agent to Sell the Property

Craig Gagliardi

Berkshire Hathaway HomeServices California Properties License #01255991 Listed on: 05/30/2018

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Liz Rincon

Coldwell Banker West License #01509420

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 3,598 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Utilities

  • Gravity Heating System
  • Separate Water Meter

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 4486-910-100

Community Details

Overview

  • 2 Buildings
  • 4 Units

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $47,376

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Froude
  • Neighborhood: Ocean Beach
  • LP / Sq Ft: 18.61
  • Stories: 2 Story
  • Sale Price List Price: 0.91
  • Total Stories: 2
  • Year Built: 1950
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 4486-910-100
  • Estimated Lot Sq Ft: 3598

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 47376
  • Annual Expense Actual: 3324
  • Gross Rent Multiplier Actual: 25.0
  • Gross Rent Multiplier Projected: 18.0
  • Gross Sched Income Actual: 50700
  • Gross Sched Income Projected: 72900
  • Number Of Buildings: 2
  • Number Of Units With Garage: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 900
  • Other Income Projected: 1500.0

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 Change Sq Ft Price
07/11/2018 07/11/18 Sold $1,175,000 -9.3% --
06/11/2018 06/11/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $1,294,876 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180028700

San Diego MLS

APN: 448-691-01-00