NOT LISTED FOR SALE

Estimated Value: $2,420,000 - $3,457,131

5 Beds
4 Baths
2,400 Sq Ft
$1,280/Sq Ft Est. Value

Last Sold July 14, 2022

Last sale price $2,625,000 $1,094 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $19,899/month

3 Days on Market

Highlights

  • Gated Home
  • Pacific Beach Elementary School Rated A-
  • 2-minute walk to Mission Beach Park

About This Home

As of July 2022

Premier Location!!! Duplex with Ocean View - Rare opportunity to own a duplex in the very popular South Mission Beach. Bring your contractor, architect, HGTV vision & 'coastal living' ideas to this sunny, south facing beach house in South Mission Beach. Nestled just steps from beach, surf and boardwalk. This duplex has tons of potential, upstairs unit boosts 1,600 sq feet with 3 bedrooms, 2 full baths and a balcony with an Ocean view, downstairs unit has 800 sq feet 2 bedrooms, 2 full baths and large patio space to BBQ and entertain guests. Building has 3 parking spaces off the alley.

Last Agent to Sell the Property

Ben Hunkins

Ben Hunkins Real Estate, Inc. License #01784448 Listed on: 06/11/2022

Last Buyer's Agent

Nikolas Mazzola

Shorebreak Real Estate License #01724621

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,627

Year Built

  • 2000

Lot Details

  • 2,404 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Wood Roof

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Assessor Parcel Number 423-694-13-00

Community Details

Overview

  • 2 Units
  • Mission Beach Community

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,627

Year Built

2000

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2000

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Gate, Partial
  • Roof: Wood

Utilities

  • Sewer/Septic: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Mission Beach
  • Pets Allowed: Allowed w/Restrictions
  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 423-694-13-00
  • Estimated Lot Sq Ft: 2404

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2022
Closed on
Jun 22, 2022
Sold by
Erreca 2005 Trust
Bought by
Aea Investment Properties Llc
Seller's Agent
Ben Hunkins
Ben Hunkins Real Estate, Inc.
Buyer's Agent
Nikolas Mazzola
Shorebreak Real Estate
List Price
$2,800,000
Sold Price
$2,625,000
Premium/Discount to List
-$175,000
-6.25%
Total Days on Market
3
Views
4
Current Estimated Value
$3,072,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,283
Avg. Annual Appreciation
5.58%
Original Mortgage
$1,950,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2005
Sold by
Erreca Louis M and Erreca Joann S
Bought by
Erreca Louis M and Erreca Joann S

Purchase Details

Closed on
Mar 26, 2003
Sold by
Erreca Louis M and Erreca Joann S
Bought by
Erreca Louis M and Erreca Joann S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
5.78%
Source: Public Records

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Range of Values:

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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
Aea Investment Properties Llc $2,600,000 Wfg National Title
Erreca Louis M -- --
Erreca Louis M -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aea Investment Properties Llc $1,911,000
Closed Aea Investment Properties Llc $1,950,000
Previous Owner Erreca Louis M $10,000
Previous Owner Erreca Louis M $305,000
Previous Owner Erreca Louis M $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2022 07/14/22 Sold $2,625,000 -6.3% $1,094 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/11/2022 06/11/22 For Sale $2,800,000 -- $1,167 / 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 $32,627 $2,652,000 $2,376,600 $275,400
2023 $31,908 $2,600,000 $2,330,000 $270,000
2022 $2,359 $189,629 $76,175 $113,454
2021 $2,256 $185,912 $74,682 $111,230
2020 $2,226 $184,007 $73,917 $110,090
2019 $2,186 $180,400 $72,468 $107,932
2018 $2,044 $176,864 $71,048 $105,816
2017 $2,005 $173,397 $69,655 $103,742
2016 $1,971 $169,998 $68,290 $101,708
2015 $1,942 $167,446 $67,265 $100,181
2014 $1,904 $164,167 $65,948 $98,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220014736

San Diego MLS

APN: 423-694-13