NOT LISTED FOR SALE

Estimated Value: $1,930,000 - $2,464,000

5 Beds
3 Baths
1,425 Sq Ft
$1,548/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $1,580,000 $1,109 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,969/month

36 Days on Market

Highlights

  • Ocean View
  • Level Lot
  • West of 5 Freeway
  • Pacific Beach Elementary School Rated A-
  • Wood Siding
  • Radiant Heating System

About This Home

As of April 2019

Charming duplex in Mission Beach within steps to the beach! You can hear the waves crashing! Both units have remodeled kitchens & baths. Downstairs unit consists of 2 bedrooms & a full bath along w/ a full kitchen. The upstairs unit has a separate entrance with 3 bedrooms & 2 full baths & the kitchen has been beautifully done w/white cabinets, tile floors & glass tile backsplash. Also an attached 2 car garage for parking. Steps from the beach & also close to shops and restaurants. VRBO opportunity!

Last Agent to Sell the Property

Marie Jo Atkins

Compass License #01186585 Listed on: 02/27/2019

Compass

Last Buyer's Agent

Julie Rae MacLeod

LPT Realty,Inc License #01977789

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,377

Year Built

  • Built in 1971

Lot Details

  • 1,248 Sq Ft Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ocean Views

Location

  • West of 5 Freeway

Utilities

  • Radiant Heating System
  • Separate Water Meter
  • Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Net Operating Income $84,000

Listing and Financial Details

  • Assessor Parcel Number 423-578-27-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,377

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1971
  • 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, Wood
  • Roof: Composition
  • View: Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Electric
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Radiant

Condo/Co-op/Association

  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Public Street, West of I-5
  • Topography: Level
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 423-578-27-00
  • Estimated Lot Sq Ft: 1248

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 84000
  • Annual Expense Actual: 29900
  • Gross Rent Multiplier Actual: 14.0
  • Gross Sched Income Actual: 114000
  • Number Of Buildings: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Other Income Actual: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Odish Shastha
Bought by
Dawodu John A
Current Estimated Value
$2,206,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,111,500
Outstanding Balance
$1,029,841
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$1,176,404

Purchase Details

Listed on
Feb 27, 2019
Closed on
Apr 10, 2019
Sold by
Reps Xi Llc
Bought by
Odish Shatha
Seller's Agent
Marie Jo Atkins
Compass
Buyer's Agent
Julie Rae MacLeod
LPT Realty,Inc
List Price
$1,595,000
Sold Price
$1,580,000
Premium/Discount to List
-$15,000
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%
Original Mortgage
$883,300
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2015
Closed on
Nov 23, 2015
Sold by
Inaba Anthony S and Inaba Beverly F
Bought by
Reps Xi Llc
Seller's Agent
Ronald Beckman
Beach Break Properties
Buyer's Agent
Robert Armell
Robert Armell Appraisals
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
Sep 6, 2007
Sold by
Ogden Dennis Alan
Bought by
Indba Anthony S and Inaba Beverly F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Ogden Dennis
Bought by
Ogden Dennis Alan

Purchase Details

Closed on
Oct 13, 1998
Sold by
Ogden Uyen Le
Bought by
Ogden Dennis

Purchase Details

Closed on
Apr 16, 1998
Sold by
Mongoose L L C and Canyon Ceman
Bought by
Ogden Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.71%

Purchase Details

Closed on
Jan 8, 1996
Sold by
Mattarocci Michael and Mattarocci Frank P
Bought by
Mongoose Llc

Purchase Details

Closed on
May 1, 1995
Sold by
Crippen Jo
Bought by
Mattarocci Michael and Mattarocci Frank P

Purchase Details

Closed on
Jun 21, 1989
Source: Public Records

Range of Values:

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Average Value
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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
Dawodu John A $1,825,000 Stewart Title Of Ca Inc
Odish Shatha $1,580,000 Chicago Title Company
Reps Xi Llc $1,200,000 Lawyers Title Company
Indba Anthony S $1,250,000 Stewart Title Sd
Ogden Dennis Alan -- --
Ogden Dennis -- Gateway Title Company
Ogden Dennis $265,000 Gateway Title Company
Mongoose Llc -- --
Mattarocci Michael -- Fidelity National Title
-- $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawodu John A $1,111,500
Previous Owner Odish Shatha $883,300
Previous Owner Reps Xi Llc $900,000
Previous Owner Inaba Anthony S $699,300
Previous Owner Inaba Anthony S $200,000
Previous Owner Indba Anthony S $750,000
Previous Owner Ogden Dennis $204,000
Previous Owner Ogden Dennis $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $1,580,000 -0.9% $1,109 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
02/27/2019 02/27/19 For Sale $1,595,000 +32.9% $1,119 / Sq Ft
12/31/2015 12/31/15 Sold $1,200,000 -11.1% --
11/01/2015 11/01/15 Pending -- -- --
03/06/2015 03/06/15 For Sale $1,350,000 -- --
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
2025 $23,377 $1,936,704 $1,485,691 $451,013
2024 $23,377 $1,898,730 $1,456,560 $442,170
2023 $22,861 $1,861,500 $1,428,000 $433,500
2022 $20,255 $1,660,860 $1,208,855 $452,005
2021 $20,115 $1,628,295 $1,185,152 $443,143
2020 $19,869 $1,611,600 $1,173,000 $438,600
2019 $15,738 $1,273,449 $955,087 $318,362
2018 $14,714 $1,248,480 $936,360 $312,120
2017 $14,376 $1,224,000 $918,000 $306,000
2016 $14,149 $1,200,000 $900,000 $300,000
2015 $10,628 $900,000 $635,000 $265,000
2014 $10,073 $850,000 $600,000 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190010804

San Diego MLS

APN: 423-578-27