NOT LISTED FOR SALE

Estimated Value: $2,318,000 - $2,784,000

4 Beds
2 Baths
1,612 Sq Ft
$1,601/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2018

Last sale price $1,750,000 $1,086 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $16,465 / mo

4 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • 2-minute walk to Palisades Park
  • Bird Rock Elementary School Rated A

About This Home

As of July 2018

Fantastic Investment Opportunity! Located in North Pacific Beach this well maintained 2-unit property is just steps from the beach! Live in one, rent the other. Many options with this location! Ocean views from the upper unit. Both units have had some upgrades w/ both kitchens remodeled. Large 2 car garage, yard, patio. Walking distance to many eateries, bars, stores that beautiful Pacific Beach has to offer. Lots of potential for this great property! Neighborhoods: North Pacific Beach Other Fees: 0 Sewer: Sewer Connected Number of Furnished Units: 1

Last Agent to Sell the Property

Alisa Livesley

Real Estate 365, Inc License #01919543 Listed on: 07/02/2018

Last Buyer's Agent

Helen Spear

RE/MAX COASTAL License #01244302

RE/MAX COASTAL

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 4,846 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 4153911400

Community Details

Overview

  • 2 Units
  • N/K

Building Details

  • Net Operating Income $56,712

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

4,846 Sq Ft Lot

Listing Details

  • CapRate: 3.50
  • Park Name: N/K
  • Subdivision Name Other: Pacific Beach
  • View: Yes
  • Zoning: R-2:MINOR
  • Property Type: Residential Income
  • Parcel Number: 4153911400
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Appliances: Gas Water Heater

Lot Info

  • Lot Size Sq Ft: 4846.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 61200.00
  • Lot Size Area: 4846.0000 Square Feet
  • Net Operating Income: 56712.00
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Jul 11, 2018
Sold by
Bought by
Seller's Agent
Alisa Livesley
Real Estate 365, Inc
Buyer's Agent
Helen Spear
RE/MAX COASTAL
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,581,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$831,341
Avg. Annual Appreciation
4.97%
Original Mortgage
$1,312,500
Outstanding Balance
$1,112,079
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,469,262

Purchase Details

Closed on
Dec 28, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2003
Sold by
Bought by

Purchase Details

Closed on
Sep 9, 2003
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.68%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,750,000 Ticor Title San Diego
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- --
-- --
-- Fidelity National Title
-- Commonwealth Land Title Co
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $450,000
Closed $485,000
Closed $100,000
Closed $484,000
Open $1,312,500
Previous Owner $70,000
Previous Owner $200,000
Previous Owner $30,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $1,750,000 0.0% $1,086 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $1,750,000 -- $1,086 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $27,665 $2,214,301 $1,706,742 $507,559
2025 $26,117 $2,170,884 $1,673,277 $497,607
2024 $26,117 $2,128,318 $1,640,468 $487,850
2023 $25,538 $2,086,587 $1,608,302 $478,285
2022 $24,858 $2,045,674 $1,576,767 $468,907
2021 $24,693 $2,005,563 $1,545,850 $459,713
2020 $21,924 $1,785,000 $1,530,000 $255,000
2019 $21,532 $1,750,000 $1,500,000 $250,000
2018 $3,992 $335,069 $208,560 $126,509
2017 $3,898 $328,500 $204,471 $124,029
2016 $3,835 $322,060 $200,462 $121,598
2015 $3,778 $317,223 $197,451 $119,772
2014 $3,719 $311,010 $193,584 $117,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 180036178

California Regional Multiple Listing Service (CRMLS)

APN: 415-391-14

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