NOT LISTED FOR SALE

4712 Voltaire St San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $2,053,386 - $2,174,000

3 Beds
4 Baths
2,510 Sq Ft
$842/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,525,000 $608 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $12,748/month

27 Days on Market

Highlights

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

About This Home

As of March 2021

4712 Voltaire St is a 5 Unit Multi-Family Property Situated in the heart of the Ocean Beach submarket in San Diego, CA five blocks away from the beach. These garden style apartments are located in a Class A market of San Diego where rents have gone up significantly in the past 12 months. The demand for rentals in Ocean Beach is higher than ever. A few of the units have gone through an extensive remodel. High Density commercial ZONING: CC-4-2. Rent Roll and OM in Documents section!

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 01/08/2021

Last Buyer's Agent

David Rudd

Kindred Real Estate License #01402946

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,835

Year Built

  • Built in 1930

Lot Details

  • Ocean Front
  • Property is Fully Fenced

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 448-433-10-00

Community Details

Overview

  • 2 Buildings
  • 5 Units
  • Dusty Rhodes Park Community

Pet Policy

  • Pets Allowed

Additional Features

  • Net Operating Income $68,783
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,835

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Sunset Cliffs Blvd
  • Neighborhood: Ocean Beach
  • LP / Sq Ft: 18.15
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1930
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Frontage: Ocean/Bluff
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Security: Gated Community

Condo/Co-op/Association

  • Complex Name: Dusty Rhodes Park
  • Pets Allowed: Yes
  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 448-433-10-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 5
  • Actual Net Operating Income: 68783
  • Annual Expense Actual: 33589
  • Annual Expense Projected: 33589
  • Gross Rent Multiplier Actual: 16.1
  • Gross Rent Multiplier Projected: 13.3
  • Gross Sched Income Actual: 102372
  • Gross Sched Income Projected: 124500
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 5
  • Number Of Units With Refrigerator: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 18, 2021
Sold by
Slc Capital Ventures Llc
Bought by
Spadaro Philip
Seller's Agent
Jason Lee
Nara Advisors, Inc.
Buyer's Agent
David Rudd
Kindred Real Estate
List Price
$1,650,000
Sold Price
$1,525,000
Premium/Discount to List
-$125,000
-7.58%
Current Estimated Value
$2,113,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,693
Avg. Annual Appreciation
5.22%
Original Mortgage
$1,500,000
Interest Rate
2.73%
Mortgage Type
VA

Purchase Details

Closed on
Apr 22, 2017
Sold by
Vanjen James H and Vanjen Kathryn
Bought by
Slc Capital Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 8, 2017
Sold by
Petroski Francesca M and Petroski Steven K
Bought by
Free Cloud Llc

Purchase Details

Closed on
Aug 7, 2006
Sold by
Vanjen James H and Vanjen Kathryn
Bought by
Vanjen James H and Vanjen Kathryn
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
Spadaro Philip $1,525,000 Chicago Title Company
Slc Capital Ventures Llc $930,000 Title365 Company
Free Cloud Llc -- None Available
Vanjen James H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spadaro Philip $1,496,800
Closed Spadaro Philip $1,500,000
Previous Owner Slc Capital Ventures Llc $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,525,000 -7.6% $608 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,650,000 -- $657 / 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 $17,835 $1,650,706 $1,298,917 $351,789
2024 $17,835 $1,618,341 $1,273,449 $344,892
2023 $17,704 $1,586,610 $1,248,480 $338,130
2022 $18,962 $1,555,500 $1,224,000 $331,500
2021 $12,328 $997,146 $804,151 $192,995
2020 $12,179 $986,923 $795,906 $191,017
2019 $11,962 $967,572 $780,300 $187,272
2018 $11,183 $948,600 $765,000 $183,600
2017 $2,665 $225,073 $152,159 $72,914
2016 $2,621 $220,661 $149,176 $71,485
2015 $2,583 $217,348 $146,936 $70,412
2014 $2,543 $213,091 $144,058 $69,033
Source: Public Records

Agents Affiliated with this Home

  • Jason Lee

    Seller's Agent in 2021

    Jason Lee

    Nara Advisors, Inc.

    (858) 343-4655

    3 in this area

    125 Total Sales

    Jason Lee
    Section Image
  • David Rudd

    Buyer's Agent in 2021

    David Rudd

    Kindred Real Estate

    (858) 999-7702

    2 in this area

    209 Total Sales

    David Rudd
    Section Image
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Map

Source: San Diego MLS

MLS Number: 210000498

San Diego MLS

APN: 448-433-10

California San Diego County San Diego 92107 Ocean Beach

4712 Voltaire St, San Diego, CA

This home is located at 4712 Voltaire St, San Diego, CA 92107 since 08 January 2021 and is currently estimated at $2,113,693, approximately $842 per square foot. This property was built in 1930. 4712 Voltaire 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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