NOT LISTED FOR SALE

4636 Lotus St San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $1,262,000 - $1,868,000

4 Beds
2 Baths
2,160 Sq Ft
$777/Sq Ft Est. Value

Last Sold November 06, 2016

Last sale price $845,000 $391 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $10,249/month

101 Days on Market

Highlights

  • Property is Fully Fenced
  • Ocean Beach Elementary School Rated A
  • 1-Story Property

About This Home

As of November 2016

Lotus St is a beautiful Ocean Beach Duplex. The units are each comprised of 2Br/1Ba. Each will feature an open floor plan with fireplaces, dinning room, living room, kitchen, and W&Ds. The property is walking distance to employment hubs, restaurants, dog beach/park(s) and recreation. With Ocean Beach's gentrification it is becoming one of the most desirable beach places to live in San Diego for young working professionals. This a great opportunity for owner to live at the beach and still be affordable. Front house was just rented on a year lease for $2,500 in it's condition. Take advantage of this amazing cash flow opportunity just a short-5 minute walk to the dog beach and much more!! Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

Last Agent to Sell the Property

Adrian Gonzalez

Bridgepoint Realty Inc License #01844618 Listed on: 06/13/2016

Last Buyer's Agent

Darin Ricco

Joe Carta Realty License #01443132

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,757

Year Built

  • Built in 1950

Lot Details

  • 4,879

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Community Details

  • 2 Units
  • Net Operating Income $33,797

Listing and Financial Details

  • Assessor Parcel Number 448-552-17-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,757

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: Ebers St & Froude St
  • Neighborhood: Ocean Beach
  • Supplement: Front house was just rented on a year lease for $2,500 in it's condition. Take advantage of this amazing cash flow opportunity just a short-5 minute walk to the dog beach and much more!! Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
  • LP / Sq Ft: 18.54
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Full

Condo/Co-op/Association

  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 448-552-17-00
  • Land Use Code: Dupl

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 33797
  • Gross Rent Multiplier Actual: 18.0
  • Gross Rent Multiplier Projected: 14.4
  • Gross Sched Income Actual: 48600
  • Gross Sched Income Projected: 62400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 21, 2016
Sold by
Rooney John L and Herman Sharon
Bought by
Brien Julia M O and Brien Sean T O
Seller's Agent
Adrian Gonzalez
Bridgepoint Realty Inc
Buyer's Agent
Darin Ricco
Joe Carta Realty
List Price
$899,000
Sold Price
$845,000
Premium/Discount to List
-$54,000
-6.01%
Current Estimated Value
$1,678,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$833,366
Avg. Annual Appreciation
8.07%
Original Mortgage
$790,621
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Jul 31, 2016
Sold by
Shack Llc
Bought by
Rooney John L and Herman Sharon

Purchase Details

Closed on
Feb 10, 2006
Sold by
Rooney John L and Herman Sharon
Bought by
Shack Llc

Purchase Details

Closed on
Mar 5, 2004
Sold by
Rooney John L and Herman Sharon
Bought by
Rooney John L and Herman Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.65%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 8, 2002
Sold by
Rooney John L
Bought by
Rooney John L and Herman Sharon

Purchase Details

Closed on
Dec 12, 1985
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
Brien Julia M O $845,000 Chicago Title Sd
Rooney John L -- Chicago Sd
Shack Llc -- None Available
Rooney John L -- Fidelity National Title Co
Rooney John L -- Fidelity National Title Co
Rooney John L -- --
-- $138,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Julia M $747,720
Closed Brien Julia M O $790,621
Previous Owner Rooney John L $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2016 11/06/16 Sold $845,000 -3.4% $391 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/29/2016 08/29/16 Price Changed $875,000 -2.6% $405 / Sq Ft
07/28/2016 07/28/16 Price Changed $898,000 -0.1% $416 / Sq Ft
06/13/2016 06/13/16 For Sale $899,000 -- $416 / 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 $11,757 $980,689 $864,633 $116,056
2024 $11,757 $961,461 $847,680 $113,781
2023 $11,496 $942,609 $831,059 $111,550
2022 $11,189 $924,127 $814,764 $109,363
2021 $11,111 $906,008 $798,789 $107,219
2020 $10,975 $896,719 $790,599 $106,120
2019 $10,778 $879,138 $775,098 $104,040
2018 $10,075 $861,900 $759,900 $102,000
2017 $9,834 $845,000 $745,000 $100,000
2016 $2,879 $242,651 $126,192 $116,459
2015 $2,837 $239,007 $124,297 $114,710
2014 $2,793 $234,326 $121,863 $112,463
Source: Public Records

Agents Affiliated with this Home

  • Adrian Gonzalez

    Seller's Agent in 2016

    Adrian Gonzalez

    Bridgepoint Realty Inc

    (858) 735-9977

    42 Total Sales

    Section Image
  • Darin Ricco

    Buyer's Agent in 2016

    Darin Ricco

    Joe Carta Realty

    (619) 846-8249

    2 Total Sales

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Map

Source: San Diego MLS

MLS Number: 160032327

San Diego MLS

APN: 448-552-17

California San Diego County San Diego 92107 Ocean Beach

4636 Lotus St, San Diego, CA

This home is located at 4636 Lotus St, San Diego, CA 92107 since 13 June 2016 and is currently estimated at $1,678,366, approximately $777 per square foot. This property was built in 1950. 4636 Lotus St is a home located in San Diego County with nearby schools including Ocean Beach Elementary School, Richard Henry Dana Middle School, and Correia Middle School.

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