NOT LISTED FOR SALE
5 Beds
3 Baths
1,837 Sq Ft
3,568 Sq Ft Lot

Last Sold September 12, 2024

Last sale price $1,855,000 $1,010 Per Sq Ft

10 Days on Market

Highlights

  • City Lights View
  • Partially Fenced Property
  • West of 5 Freeway
  • Ocean Beach Elementary School Rated A
  • Level Lot
  • Gravity Heating System

About This Home

As of September 2024

This turnkey 3 bedroom, 2 bath two story beach house, just 1.5 blocks to the sandy beach and ocean! Plus a 2 bedroom separate cottage each with their own yards. Front house was completely remodeled and second story was added in 2017. Quaint fenced front yard, off street parking two private back yards, both with laundry hookups. Front house has hardwood floors, skylite, eat in kitchen, master retreat with oversized deck and sunset views! Back house has Saltillo tile floors, vaulted wood beam ceilings, open airy floorplan. Front has was recently used for an air bnb, the back house is a long term tenant.

Last Agent to Sell the Property

Tami Fuller

Coldwell Banker West License #01000767 Listed on: 07/31/2024

Coldwell Banker West

Last Buyer's Agent

Judy Slaten

Coldwell Banker West License #01899210

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Lot Details

  • 3,568 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • RV Potential

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Composition Roof

Schools

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

Utilities

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

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Vacation Rental by Owner
  • Tenant pays for cable TV, electricity, hot water
  • Assessor Parcel Number 448-111-06-00

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • 2 On Long Branch Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $81,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Bacon
  • Neighborhood: Ocean Beach
  • LP / Sq Ft: 18.34
  • Stories: 2 Story
  • Sale Price List Price: 1.09
  • Total Stories: 2
  • Year Built: 1998
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Evening Lights, Parklike

Garage/Parking

  • Parking for RV: Potential Space

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: 2 on Long Branch
  • Pets Allowed: Yes
  • Community: OCEAN BEACH
  • Manager Name: owner
  • Manager Phone: on file

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

  • Lot Size: 1-3,999 SF
  • Site: Curbs, Public Street, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 448-111-06-00
  • Estimated Lot Sq Ft: 3568
  • Estimated Number of Acres: 0.08
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 5

Rental Info

  • Vacation Rental By Owner: Yes
  • Tenant Pays: Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 81600
  • Gross Rent Multiplier Actual: 18.1
  • Gross Rent Multiplier Projected: 16.2
  • Number Of Buildings: 2
  • Number Of Furnished Units: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 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
09/12/2024 09/12/24 Sold $1,855,000 +9.4% $1,010 / Sq Ft
08/11/2024 08/11/24 Pending -- -- --
07/31/2024 07/31/24 For Sale $1,695,000 -- $923 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240017776

San Diego MLS

APN: 448-111-06-00