NOT LISTED FOR SALE

5075-77 W Point Loma Blvd San Diego, CA 92107

Ocean Beach Neighborhood

Estimated Value: $1,183,000 - $1,740,000

4 Beds
2 Baths
1,330 Sq Ft
$1,100/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $822,000 $618 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $9,074/month

27 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 1-Story Property
  • Ocean Beach Elementary School Rated A

About This Home

As of January 2019

Welcome to Ocean Beach!! Excellent opportunity to own a property steps to Dog Beach. Walk to restaurants, pubs, shopping and great beaches. Perfect for vacation rental or to live in one unit rent the other. Property has long term tenants with extremely low rents. Newer roof, exterior paint, and several newer vinyl windows in front unit. Each 2 bedroom 1 bath with 1 parking spot. Priced to sell!!

Last Listed By

Kathy Bell

Bell Properties License #01238697 Listed on: 11/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,076

Year Built

  • Built in 1955

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane, hot water
  • Assessor Parcel Number 448-131-07-00

Community Details

Pet Policy

  • Breed Restrictions

Additional Features

  • 2 Units
  • Net Operating Income $21,914

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,076

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Abbott
  • Neighborhood: Ocean Beach
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Total Stories: 1
  • Year Built: 1955
  • Allow Comments Review: No
  • 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

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Rolled/Hot Mop

Utilities

  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions
  • Community: OCEAN BEACH
  • Manager Name: Bell Properties
  • Manager Phone: 619-523-2355

Lot Info

  • Lot Size: 1-3,999 SF
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 448-131-07-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 21914
  • Annual Expense Actual: 10719
  • Gross Rent Multiplier Actual: 19.0
  • Gross Sched Income Actual: 34200
  • Gross Sched Income Projected: 46800
  • Number Of Buildings: 1
  • Number Of Units With Fireplaces: 1
  • 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
Nov 7, 2018
Closed on
Dec 13, 2018
Sold by
Wiseman Thomas and Karhu Esther
Bought by
Kaase Cynthia Laddon and The Cynthia Laddon Kaase Trust
Seller's Agent
Kathy Bell
Bell Properties
Buyer's Agent
Weston Card
Pacific Coast Commercial
List Price
$875,000
Sold Price
$822,000
Premium/Discount to List
-$53,000
-6.06%
Total Days on Market
27
Current Estimated Value
$1,463,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,283
Avg. Annual Appreciation
8.17%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Karhu Esther
Bought by
Wiseman Thomas and Karhu Esther

Purchase Details

Closed on
Jun 12, 2003
Sold by
Plant Roseanne G
Bought by
Karhu Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1989

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
Kaase Cynthia Laddon $822,000 Chicago Title Company
Wiseman Thomas -- Fidelity National Title Co
Karhu Esther $489,000 Fidelity National Title Co
-- $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Karhu Esther $391,200
Closed Karhu Esther $48,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $822,000 -6.1% $618 / Sq Ft
11/07/2018 11/07/18 For Sale $875,000 -- $658 / 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
2024 $11,076 $898,973 $732,741 $166,232
2023 $10,831 $881,347 $718,374 $162,973
2022 $10,544 $864,067 $704,289 $159,778
2021 $10,472 $847,126 $690,480 $156,646
2020 $10,345 $838,440 $683,400 $155,040
2019 $7,712 $623,247 $509,819 $113,428
2018 $7,210 $611,027 $499,823 $111,204
2017 $80 $599,047 $490,023 $109,024
2016 $6,927 $587,302 $480,415 $106,887
2015 $6,825 $578,481 $473,199 $105,282
2014 $6,717 $567,150 $463,930 $103,220
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kathy Bell

    Bell Properties

  • Weston Card

    Buyer's Agent in 2019

    Weston Card

    Pacific Coast Commercial

    (619) 323-8680

    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 180061932

San Diego MLS

APN: 448-131-07

California San Diego County San Diego 92107 Ocean Beach

5075-77 W Point Loma Blvd, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 5075-77 W Point Loma Blvd, San Diego, CA 92107 since 07 November 2018 and is currently estimated at $1,463,283, approximately $1,100 per square foot. This property was built in 1955. 5075-77 W Point Loma Blvd 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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