NOT LISTED FOR SALE
3 Beds
3 Baths
1,300 Sq Ft
2,400 Sq Ft Lot

Last Sold November 12, 2015

Last sale price $1,150,000 $885 Per Sq Ft

20 Days on Market

Highlights

  • Ocean View
  • Gated Home
  • West of 5 Freeway
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 2-minute walk to Mission Beach Park

About This Home

As of November 2015

Paradise living without the oceanfront price tag. Three 1-bed/1-bath units, 2-car garage & 1-car garage, in solid rentable condition. Upgrades could go a long way. Previous buyers backed out; full disclosures & inspections available. Rents are well under market and leases expire January 2016, at which point rents can increase significantly, or you can start renovating this into luxury condos, vacation rentals, or your dream home! Maybe dream home with vacation rental? Heavenly location = Lots of options!

Last Agent to Sell the Property

Lauren Empey

Empey Realty License #01924792 Listed on: 09/18/2015

Last Buyer's Agent

Lauren Empey

Empey Realty License #01924792 Listed on: 09/18/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 2,400 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 423-694-02-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 3 Units
  • Net Operating Income $999,999

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Strandway
  • Neighborhood: South Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1948
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MISSION BEACH

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: Alley Access, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-694-02-00
  • Land Use Code: ?
  • Estimated Lot Sq Ft: 2400

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 999999
  • Annual Expense Actual: 999999
  • Gross Rent Multiplier Actual: 999999.0
  • Gross Sched Income Actual: 43800
  • Gross Sched Income Projected: 58200
  • Number Of Buildings: 1
  • Number Of Units With Garage: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 999999

Range of Values:

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Sold Price
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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
11/12/2015 11/12/15 Sold $1,150,000 0.0% $885 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $1,150,000 -- $885 / 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: 150051067

San Diego MLS

APN: 423-694-02-00