NOT LISTED FOR SALE

4642 Niagara Ave San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $869,000 - $2,050,000

4 Beds
3 Baths
1,300 Sq Ft
$1,080/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $2,000,000 $1,538 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $8,324/month

45 Days on Market

Highlights

  • 1-Story Property
  • Ocean Beach Elementary School Rated A
  • 5-minute walk to Ebers Street Park and Playground

About This Home

As of August 2024

Renovated July 2024 ( pics coming soon)
Large (2) bedrooms with ocean views from every room!
New stainless steel appliances
Fridge, Dishwasher, Microhood, and Gas range
In-Unit Laundry
New fixtures/finishes throughout
Furnished or unfurnished - contact management
All utilities included ( water, internet, trash, electric & gas)
Walkscore 90 ( close to restaurants, shopping and entertainment )
A few blocks from the Pacific Ocean
30 days/Mid-Team lease option or up to 1 year

$4700 per month - ( Furnished) 30 day minimum ( ALL utilities included
$4500 unfurnished ( contact management for details)

680+ credit score
$30 application fee
Renovated July 2024 ( pics coming soon)
Large (2) bedrooms with ocean views from every room!
New stainless steel appliances
Fridge, Dishwasher, Microhood, and Gas range
In-Unit Laundry
New fixtures/finishes throughout
Furnished or unfurnished - contact management
All utilities included ( water, internet, trash, electric & gas)
Walkscore 90 ( close to restaurants, shopping and entertainment )
Few blocks from the Pacific Ocean
30 days/Mid-Team lease option or up to 1 year

Last Agent to Sell the Property

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 04/18/2024

Last Buyer's Agent

Thomas McCartin

Marcus & Millichap License #01427348 Listed on: 04/18/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,520

Year Built

  • Built in 1947

Lot Details

  • 6,970

Interior Spaces

  • 1-Story Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 448-502-08-01

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Complex Community

Building Details

  • Net Operating Income $38,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,520

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ebers St
  • Neighborhood: Ocean Beach
  • LP / Sq Ft: 19.61
  • Stories: 1 Story
  • Sale Price List Price: 0.98
  • Total Stories: 1
  • Year Built: 1947
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Condo/Co-op/Association

  • Complex Name: Complex
  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 448-502-08-01

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 38416
  • Annual Expense Actual: 32084
  • Annual Expense Projected: 32084
  • Gross Rent Multiplier Actual: 30.1
  • Gross Rent Multiplier Projected: 15.44
  • Gross Sched Income Actual: 68100
  • Gross Sched Income Projected: 132780
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 2400
  • Other Income Projected: 7800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2024
Sold by
Karen L Berry 2010 Trust and Berry Karen L
Bought by
4642 Niagara Llc
Current Estimated Value
$1,404,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,824,550
Interest Rate
6.87%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2019
Sold by
Berry Karen N
Bought by
Berry Karen N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 28, 2010
Sold by
Berry Karen L
Bought by
Berry Karen L

Purchase Details

Closed on
Sep 10, 2004
Sold by
Leezy George S and Nansen Leezy Penney M
Bought by
Berry Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.62%
Mortgage Type
New Conventional
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
4642 Niagara Llc $2,000,000 Fidelity National Title
Berry Karen N -- Ticor Title Company Of Ca
Berry Karen L -- None Available
Berry Karen L $625,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 4642 Niagara Llc $1,824,550
Previous Owner Berry Karen N $382,000
Previous Owner Berry Karen L $468,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Off Market $4,700 -- --
10/08/2024 10/08/24 Off Market $4,700 -- --
09/25/2024 09/25/24 For Rent $4,700 0.0% --
09/19/2024 09/19/24 For Rent $4,700 0.0% --
08/01/2024 08/01/24 Sold $2,000,000 -2.4% $1,538 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $2,050,000 -- $1,577 / 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 $10,520 $866,668 $810,000 $56,668
2024 $10,520 $854,042 $806,217 $47,825
2023 $10,289 $837,297 $790,409 $46,888
2022 $10,015 $820,880 $774,911 $45,969
2021 $8,656 $700,000 $655,000 $45,000
2020 $8,209 $665,000 $623,000 $42,000
2019 $8,038 $650,000 $609,000 $41,000
2018 $6,490 $550,000 $516,000 $34,000
2017 $80 $500,000 $470,000 $30,000
2016 $5,312 $450,000 $423,000 $27,000
2015 $5,314 $450,000 $423,000 $27,000
2014 $5,334 $450,000 $423,000 $27,000
Source: Public Records

Agents Affiliated with this Home

  • Thomas McCartin

    Seller's Agent in 2024

    Thomas McCartin

    Marcus & Millichap

    (858) 362-9376

    2 in this area

    34 Total Sales

    Thomas McCartin
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Map

Source: San Diego MLS

MLS Number: 240008304

San Diego MLS

APN: 448-502-08-01

California San Diego County San Diego 92107 Ocean Beach

4642 Niagara Ave, San Diego, CA

This home is located at 4642 Niagara Ave, San Diego, CA 92107 since 18 April 2024 and is currently estimated at $1,404,620, approximately $1,080 per square foot. This property was built in 1947. 4642 Niagara Ave 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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