NOT LISTED FOR SALE
4 Beds
4 Baths
2,034 Sq Ft
5,001 Sq Ft Lot

Last Sold May 17, 2012

Last sale price $695,828 $342 Per Sq Ft

7 Days on Market

Highlights

  • Partially Fenced Property
  • Ocean Beach Elementary School Rated A
  • Gravity Heating System

About This Home

As of May 2012

1990's built Ocean Beach duplex comprised of Two 2Br/2Ba units in 2 buildings. Front cottage-style 2Br/2Ba has large enclosed patio,a surface parking space and is built on elevated foundation. Rear building has 2 garages downstairs (one with shower inside) and a large (est. 1,200 SF) 2Br/2Ba with balcony upstairs. Upstairs unit has hardwood flooring in living room and hallway, tile flooring in kitchen and bathrooms. Washer/dryer hookups in each unit. Buildings separately metered for water, gas & elec

Last Agent to Sell the Property

Joseph Burrough

Palma Commercial License #02014504 Listed on: 03/22/2012

Last Buyer's Agent

Jim Groark

Willis Allen Real Estate License #00451256

Willis Allen Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1992

Lot Details

  • 5,001 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane
  • Assessor Parcel Number 448-534-20-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $30,950

Property Details

Home Type

Multi-Family

Year Built

1992

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Froude
  • Neighborhood: Ocean Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1992

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Tile/Clay

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: OCEAN BEACH

Schools

  • School District URL: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-534-20-00
  • Land Use Code: RM1-
  • Estimated Lot Sq Ft: 5001

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 30950
  • Annual Expense Actual: 6480
  • Annual Expense Projected: 12250
  • Gross Rent Multiplier Actual: 15.86
  • Gross Rent Multiplier Projected: 15.86
  • Gross Sched Income Actual: 43200
  • Gross Sched Income Projected: 43200
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Garage: 2
  • 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

Range of Values:

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Sold Price
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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
05/17/2012 05/17/12 Sold $695,828 +1.6% $342 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
03/20/2012 03/20/12 For Sale $685,000 -- $337 / Sq Ft
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: 120015243

San Diego MLS