NOT LISTED FOR SALE

4673 Point Loma Ave Unit 75 San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $1,488,682 - $1,798,000

4 Beds
2 Baths
1,370 Sq Ft
$1,189/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $800,000 $584 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $10,094/month

9 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • Sunset View Elementary School Rated A
  • West of 5 Freeway

About This Home

As of October 2015

Bordering Sunset Cliffs! Short walk to Surf! Potential to Capture Ocean View From Roof top deck! Charming 2-unit property just a block from Sunset Cliffs and the ocean. Beach lifestyle at its finest! Spend your mornings sipping coffee at Java Beach, grab a sandwich at the Sea Trader and spend the afternoon walking along the cliffs! Each unit has their own outdoor patio/deck area as well as newer bathrooms and kitchens. Nice open beam ceilings and lots of windows to let the sun shine in! Please Note: The Savory Group of Harcourts Pacific Properties does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources and the Buyer is advised to independently verify the accuracy of that information through personal inspections and with appropriate professionals.

Last Agent to Sell the Property

Jeannine Savory

The Agency License #01310559 Listed on: 09/02/2015

The Agency

Co-Listed By

Justin Wilfinger

Compass License #01952421

Last Buyer's Agent

Gregg Seaman

Viewpoint Equities Inc. License #00899926

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,439

Year Built

  • Built in 1957

Lot Details

  • 2,500 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Drip Irrigation
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 448-451-05-00

Community Details

Overview

  • 2 Units
  • Sunset Cliffs Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,439

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Sunset Cliffs
  • Neighborhood: Sunset Cliffs
  • Supplement: Please Note: The Savory Group of Harcourts Pacific Properties does not guarantee the accuracy of square footage, lot size, or other information concerning the condition or features of property provided by Seller or obtained from public records or other sources and the Buyer is advised to independently verify the accuracy of that information through personal inspections and with appropriate professionals.
  • LP / Sq Ft: 24.54
  • Stories: 1 Story
  • Sale Price List Price: 1.01
  • Total Stories: 1
  • Year Built: 1957
  • 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: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Sunset Cliffs
  • Pets Allowed: Yes
  • Community: OCEAN BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Irrigation: Drip
  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Curbs, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R2
  • Assessor Parcel Number: 448-451-05-00
  • Land Use Code: 2
  • Estimated Lot Sq Ft: 2500
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.0574
  • Map Code Column: J
  • Map Code Page: 1287
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 29700
  • Annual Expense Actual: 9900
  • Annual Expense Projected: 10800
  • Gross Rent Multiplier Actual: 20.07
  • Gross Rent Multiplier Projected: 18.4
  • Gross Sched Income Actual: 39600
  • Gross Sched Income Projected: 43200
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2015
Closed on
Sep 18, 2015
Sold by
Olson Charles
Bought by
Herbert Daniel C and Herbert Vanessa A
Seller's Agent
Jeannine Savory
The Agency
Buyer's Agent
Gregg Seaman
Viewpoint Equities Inc.
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%
Total Days on Market
9
Current Estimated Value
$1,628,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,421
Avg. Annual Appreciation
7.68%
Original Mortgage
$600,000
Outstanding Balance
$475,782
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,152,639

Purchase Details

Closed on
May 20, 2013
Sold by
Gullahorn Olson Leslie
Bought by
Olson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,625
Interest Rate
3.48%
Mortgage Type
VA

Purchase Details

Closed on
Oct 18, 2010
Sold by
Carlson Darrell D
Bought by
Carlson Darrell D and Darrell D Carlson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,500
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2005
Sold by
Carlson Darrell
Bought by
Carlson Darrell D and Darrell D Carlson Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
5.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2001
Sold by
Carlson Darrell D
Bought by
Carlson Darrell D and Darrell D Carlson Trust

Purchase Details

Closed on
Jul 2, 1997
Sold by
Federal National Mortgage Association
Bought by
Carlson Darrell D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
7.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 7, 1997
Sold by
Kotoulas George T
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 4, 1992
Source: Public Records

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Range of Values:

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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
Herbert Daniel C $800,000 Chicago Title Company Sd
Olson Charles -- Corinthian Title
Olson Charles $667,500 Corinthian Title
Carlson Darrell D -- Accommodation
Carlson Darrell D -- Fidelity National Title Co
Carlson Darrell D -- --
Carlson Darrell -- Fidelity National Title Co
Carlson Darrell D -- --
Carlson Darrell D -- Lawyers Title
Federal National Mortgage Association $128,000 Stewart Title Company
-- $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbert Daniel C $600,000
Previous Owner Olson Charles $625,625
Previous Owner Carlson Darrell D $280,000
Previous Owner Carlson Darrell D $282,500
Previous Owner Carlson Darrell $298,000
Previous Owner Carlson Darrell D $166,000
Previous Owner Carlson Darrell D $180,000
Previous Owner Carlson Darrell D $167,500
Previous Owner Carlson Darrell D $175,000
Previous Owner Carlson Darrell D $177,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $800,000 +0.6% $584 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
09/02/2015 09/02/15 For Sale $795,000 -- $580 / 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
2024 $11,439 $928,462 $841,421 $87,041
2023 $11,187 $910,258 $824,923 $85,335
2022 $10,889 $892,411 $808,749 $83,662
2021 $10,815 $874,914 $792,892 $82,022
2020 $10,684 $865,943 $784,762 $81,181
2019 $10,494 $848,965 $769,375 $79,590
2018 $9,810 $832,320 $754,290 $78,030
2017 $9,577 $816,000 $739,500 $76,500
2016 $9,425 $800,000 $725,000 $75,000
2015 $7,982 $683,925 $524,668 $159,257
2014 $7,855 $670,529 $514,391 $156,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 150048319

San Diego MLS

APN: 448-451-05