NOT LISTED FOR SALE

5059-2 Del Monte Ave San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $1,742,511 - $2,394,000

2 Beds
2 Baths
1,320 Sq Ft
$1,575/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $1,875,000 $1,420 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,945/month

12 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A
  • Gentle Sloping Lot

About This Home

As of July 2023

Exceptional development opportunity in prime Ocean Beach! Located just one property away from the oceanfront, this RM2-4 zoned property is mostly level and situated on a rare corner lot with street and alley access. Occupying just a fraction of this lot's potential is an existing 2-story duplex with 1BR plus office/1BA downstairs and 1BR/1BA upstairs. Alley corridor ocean views from upstairs and shared laundry shed downstairs! Both units have approximately 660sf of living space and are in need of repair and updating. Existing building sits elevated off street at back of the lot and has two uncovered driveway parking spaces. Amazing location within walking distance to Ocean Beach business district, restaurants, coffee shops, OB Pier and Sunset Cliffs. Great potential for savvy buyer to develop this lot into a spectacular single family home or 2 new units!

Last Agent to Sell the Property

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 06/09/2023

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Lisa Perich

Berkshire Hathaway HomeServices California Properties License #01489346

Last Buyer's Agent

Matt Tovey

Berkshire Hathaway HomeServices California Properties License #02014449

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,062

Year Built

  • Built in 1938

Lot Details

  • 6,605 Sq Ft Lot
  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • Alley Access

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Utilities

  • Gravity Heating System
  • Separate Water Meter

Listing and Financial Details

  • Assessor Parcel Number 448-061-06-00

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,062

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Ocean Front St
  • Neighborhood: Ocean Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.18
  • Total Stories: 2
  • Year Built: 1938
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Available, Meter on Property
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OCEAN BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4
  • Assessments: Yes/Remarks
  • Assessor Parcel Number: 448-061-06-00
  • Estimated Lot Dimensions: 44x145
  • Estimated Lot Sq Ft: 6605
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.15
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 6

Multi Family

  • No. of Units: 2
  • Number Of Buildings: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $1,875,000 +17.6% $1,420 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/10/2023 06/10/23 Price Changed $1,595,000 +6.7% $1,208 / Sq Ft
06/09/2023 06/09/23 For Sale $1,495,000 -- $1,133 / 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 $23,062 $1,912,500 $1,734,000 $178,500
2024 $23,062 $1,875,000 $1,700,000 $175,000
2023 $17,185 $1,400,000 $1,250,000 $150,000
2022 $904 $78,537 $67,026 $11,511
2021 $896 $76,998 $65,712 $11,286
2020 $885 $76,210 $65,039 $11,171
2019 $868 $74,716 $63,764 $10,952
2018 $811 $73,252 $62,514 $10,738
2017 $790 $71,817 $61,289 $10,528
2016 $774 $70,410 $60,088 $10,322
2015 $762 $69,353 $59,186 $10,167
2014 $750 $67,995 $58,027 $9,968
Source: Public Records

Agents Affiliated with this Home

  • Steve Cairncross

    Seller's Agent in 2023

    Steve Cairncross

    Berkshire Hathaway HomeServices California Properties

    (858) 859-3370

    3 in this area

    253 Total Sales

    Steve Cairncross
    Section Image
  • Lisa Perich

    Seller Co-Listing Agent in 2023

    Lisa Perich

    Berkshire Hathaway HomeServices California Properties

    (619) 865-1022

    3 in this area

    86 Total Sales

    Lisa Perich
    Section Image
  • Matt Tovey

    Buyer's Agent in 2023

    Matt Tovey

    Berkshire Hathaway HomeServices California Properties

    (858) 735-3389

    1 in this area

    141 Total Sales

    Matt Tovey
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230011041

San Diego MLS

APN: 448-061-06

California San Diego County San Diego 92107 Ocean Beach

5059-2 Del Monte Ave, San Diego, CA

This home is located at 5059-2 Del Monte Ave, San Diego, CA 92107 since 09 June 2023 and is currently estimated at $2,079,128, approximately $1,575 per square foot. This property was built in 1938. 5059-2 Del Monte 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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