NOT LISTED FOR SALE

Estimated Value: $1,622,344 - $1,724,000

4 Beds
2 Baths
-- Sq Ft
5,184 Sq Ft Lot

Last Sold August 28, 2019

Last sale price $1,050,000

Est. 59% increase in value since last sale

Current estimated payment $10,441/month

15 Days on Market

Highlights

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

About This Home

As of August 2019

Estate sale. Priced to sell! Opportunity to own two units in beautiful Ocean Beach. Blocks to beach. Each unit is 2 Bed/1 Bath. 2 car detached garage. Backyard could be used for additional off-street parking. Rear patio deck. Long term, stable tenants.

Last Listed By

Alexandra Taccone

Courtesy Real Estate Company License #02027586 Listed on: 07/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,861

Year Built

  • Built in 1950

Lot Details

  • 5,184

Home Design

  • Composition Roof

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 448-333-05-00

Community Details

Overview

  • 2 Units
  • Ocean Beach Park Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $27,149

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,861

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: Sunset Cliffs Blvd
  • Neighborhood: Ocean Beach
  • Stories: 1 Story
  • Sale Price List Price: 1.06
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Heat Equipment: Floor Furnace

Condo/Co-op/Association

  • Complex Name: Ocean Beach Park
  • Pets Allowed: Yes
  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: RM 2-4
  • Assessor Parcel Number: 448-333-05-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 27149
  • Annual Expense Actual: 13551
  • Gross Rent Multiplier Actual: 24.75
  • Gross Sched Income Actual: 40200
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • 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
Jul 18, 2019
Closed on
Aug 8, 2019
Sold by
Taccone Paul and The Estate Of Robert D Moore
Bought by
Ob Collective Llc
Seller's Agent
Alexandra Taccone
Courtesy Real Estate Company
Buyer's Agent
Sarah Heck
Coldwell Banker West
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Total Days on Market
15
Current Estimated Value
$1,667,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,086
Avg. Annual Appreciation
6.80%
Original Mortgage
$787,500
Outstanding Balance
$695,444
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$835,252

Range of Values:

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Average Value
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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
Ob Collective Llc $1,050,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ob Collective Llc $787,500
Previous Owner Moore Robert D $105,000
Previous Owner Moore Robert D $75,000
Previous Owner Moore Robert D $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2019 08/28/19 Sold $1,050,000 +5.5% --
08/03/2019 08/03/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $995,000 -- --
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 $13,861 $1,125,808 $991,785 $134,023
2023 $13,556 $1,103,735 $972,339 $131,396
2022 $13,196 $1,082,094 $953,274 $128,820
2021 $13,105 $1,060,878 $934,583 $126,295
2020 $12,946 $1,050,000 $925,000 $125,000
2019 $1,520 $120,695 $71,223 $49,472
2018 $1,423 $118,329 $69,827 $48,502
2017 $80 $116,009 $68,458 $47,551
2016 $1,365 $113,735 $67,116 $46,619
2015 $1,346 $112,027 $66,108 $45,919
2014 $1,326 $109,834 $64,814 $45,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190039840

San Diego MLS

APN: 448-333-05