NOT LISTED FOR SALE
6 Beds
4 Baths
2,600 Sq Ft
6,127 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $1,695,000 $652 Per Sq Ft

66 Days on Market

Highlights

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

About This Home

As of October 2020

OCEANFRONT! 2 duplexes on an oversized 6127 sq ft lot. 2 2br 1ba and 2 1br 1ba. Good parking in front. Lot may be splittable per architect! Back units look at sand. You will have unobstructable views from 2nd story. Great opportunity! Recently constructed properties a few doors away. Do not disturb the renters. Price is firm. Check with the City of San Diego for allowable uses. Conceptual drawings and ideas are concepts only and actual results may vary. See Doc attachment for conceptual drawings for either 3 condos or 2 houses on separate lots. Note- Due to new rent control rules projected rents have been deleted from this listing. Seller makes no representations on allowable rents. DRAWING AND DOCUMENT DISCLAIMER: "The information contained herein has been obtained from zoning and municipal code analysis. All proposed development is subject to approval by development services."

Last Agent to Sell the Property

Neil Czujko

Sea Cliff Real Estate License #00600163 Listed on: 08/01/2020

Last Buyer's Agent

Miriam de la Mora

Southern California Realty License #01197258

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,127 Sq Ft Lot
  • Beach Front
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Irregular Lot

Home Design

  • Tar and Gravel Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 448-041-22-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 4 Units
  • Net Operating Income $58,420

Property Details

Home Type

Multi-Family

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: Voltaire
  • Neighborhood: Dog Beach
  • Supplement: Check with the City of San Diego for allowable uses. Conceptual drawings and ideas are concepts only and actual results may vary. See Doc attachment for conceptual drawings for either 3 condos or 2 houses on separate lots. Note- Due to new rent control rules projected rents have been deleted from this listing. Seller makes no representations on allowable rents. DRAWING AND DOCUMENT DISCLAIMER: "The information contained herein has been obtained from zoning and municipal code analysis. All proposed development is subject to approval by development services."
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1955
  • 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
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Ocean/Sand
  • Roof: Rock/Gravel
  • View: Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OCEAN BEACH
  • Manager Name: Neil
  • Manager Phone: 619 254-8703

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Curbs, Irregular Lot, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 448-041-22-00
  • Land Use Code: RM-2
  • Estimated Lot Sq Ft: 6127
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.14
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 5

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 58420
  • Annual Expense Actual: 20000
  • Gross Rent Multiplier Actual: 22.3
  • Gross Sched Income Actual: 78420
  • Number Of Buildings: 1
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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 Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,695,000 -3.1% $652 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $1,750,000 +46.0% $673 / Sq Ft
02/26/2019 02/26/19 Sold $1,199,000 0.0% $485 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
02/10/2019 02/10/19 For Sale $1,199,000 -- $485 / 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: 200036672

San Diego MLS

APN: 448-041-22-00