NOT LISTED FOR SALE

721 San Fernando Place San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $3,104,000 - $3,492,059

6 Beds
6 Baths
2,870 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $2,020,000 $704 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $19,510/month

5 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • West of 5 Freeway
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 1-minute walk to Mission Beach Park

About This Home

As of June 2020

Just a few doors from the oceanfront in South Mission Beach, this duplex features two spacious 3 bedroom homes each w/ outstanding ocean views. Each unit is ~1,400 square feet & enjoys open kitchen w/ breakfast bar, fireplace, washer/dryer, attached 2-car garage, & multiple outdoor spaces. Fun location by the ocean, bay, restaurants, Belmont Park and endless boardwalks! Property has been used as 9 month rental on off-season & vacation rental June-Aug. Duplex next door 725-727 San Fernando also for sale.

Last Agent to Sell the Property

Steve Cairncross

Berkshire Hathaway HomeServices California Properties License #00859218 Listed on: 05/08/2020

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Patrick Cairncross

Berkshire Hathaway HomeServices California Properties License #01984531

Last Buyer's Agent

Monroe Herington

eXp Realty of California, Inc. License #01930053

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,657

Year Built

  • Built in 1991

Lot Details

  • 2,334 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • City Lights
  • Park or Greenbelt

Home Design

  • Composition Roof

Additional Features

  • 3-Story Property
  • West of 5 Freeway
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 423-692-03-00

Community Details

Overview

  • 2 Units
  • 721 723 San Fernando Community

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,657

Year Built

Built in 1991

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: 3 Story
  • Sale Price List Price: 1.01
  • Total Stories: 3
  • Year Built: 1991
  • 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: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition
  • View: Evening Lights, Greenbelt, Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • Complex Name: 721-723 San Fernando
  • Pets Allowed: Allowed w/Restrictions
  • Community: MISSION BEACH

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Assessor Parcel Number: 423-692-03-00
  • Estimated Lot Sq Ft: 2334

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 18, 2020
Sold by
Kelley Vacation Rentals Lp
Bought by
Florio Kathleen Kelley and Kelley James L
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Monroe Herington
eXp Realty of California, Inc.
List Price
$1,995,000
Sold Price
$2,020,000
Premium/Discount to List
$25,000
1.25%
Total Days on Market
5
Current Estimated Value
$3,257,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,237,765
Avg. Annual Appreciation
10.16%
Original Mortgage
$1,515,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 8, 2020
Closed on
May 28, 2020
Sold by
Kelley Vacation Rentals Lp
Bought by
Ursa Ventures Llc
Seller's Agent
Steve Cairncross
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Monroe Herington
eXp Realty of California, Inc.
List Price
$1,995,000
Sold Price
$2,020,000
Premium/Discount to List
$25,000
1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2012
Sold by
Kelley Maureen Ann Blackhall
Bought by
Blackhall Eric James and Blackhall Maureen Ann

Purchase Details

Closed on
May 10, 2012
Sold by
Kelley James Leo
Bought by
Kelley James L and Kelley Elizabeth L

Purchase Details

Closed on
Sep 26, 2007
Sold by
Kelley James Leo
Bought by
Kelley Vacation Rentals Lp
Source: Public Records

Similar Homes in San Diego, CA

  • 3980 Crown Point Dr, San Diego, CA 92109

    $2,495,000

    • 4 Beds
    • 5 Baths
    • 2,630 Sq Ft
    • 3980 Crown Point Dr
    • San Diego, CA

    Classic Mid-Century triplex across from Mission Bay & a 5 minute stroll to Crown Point Park and its sandy beaches! Additionally there is a newly remodeled non-conforming studio of apx. 280 sq ft, plus 3 single car garages & 3 off street parking spaces. Massive windows showcase views of the bay, with three of the 4 units recently updated, including new kitchens and baths. Additional updates

    Jeff Davidson The Agency

    Section Image
  • 4603-5 Bermuda Ave, San Diego, CA 92107

    $2,600,000

    • 5 Beds
    • 5 Baths
    • 2,472 Sq Ft
    • 4603-5 Bermuda Ave
    • San Diego, CA

    Experience the ultimate in beachside living with this stunning modern home, just blocks from the ocean in the highly coveted Sunset Cliffs neighborhood. Whether you're seeking a spacious family retreat or a high-performing investment property, this home offers exceptional versatility. The main home features an open and airy layout, seamlessly blending modern design with coastal charm. Bonus rooms

    Vanda Fernandes Palisade Realty, Inc

    Section Image
  • 3721-25 Riviera Dr, San Diego, CA 92109

    $3,495,000

    • 6 Beds
    • 5 Baths
    • 2,700 Sq Ft
    • 3721-25 Riviera Dr
    • San Diego, CA

    This turnkey triplex in Crown Point is a rare investment opportunity, offering exceptional short-term rental and long-term cash flow potential. Completely upgraded with modern finishes and featuring exterior and interior renovations throughout, this property is move-in ready and optimized for maximum rental income. The front detached 3-bed, 2-bath home along Riviera Drive provides the perfect

    Amber Anderson Pacific Sotheby's Int'l Realty

    Section Image
  • 1971 Ebers St, San Diego, CA 92107

    $2,995,000

    • 8 Beds
    • 6 Baths
    • 3,558 Sq Ft
    • 1971 Ebers St
    • San Diego, CA

    Rare coastal opportunity to own this upscale stunning historic 1922 Ebers Beach Cottage (mills act approved) plus 2 units. Just four blocks from the surf and sand. All offer spaciousness, a blend of comfort, character, and coastal charm. Perfectly situated in the heart of Ocean Beach, just 2 blocks away from local coffee shops, shopping, quaint cafes, upscale restaurants, and the iconic shoreline

    Anna Marie Barnard Sand & Sea Realty, Inc.

    Section Image
  • 4071 Riviera Dr, San Diego, CA 92109

    $3,125,000

    • 7 Beds
    • 5 Baths
    • 2,600 Sq Ft
    • 4071 Riviera Dr
    • San Diego, CA

    Rare Turnkey Crown Point compound just steps from Sail Bay, delivering projected 10%+ ROI across two separate, fully furnished units in a premier coastal location.Spanning over 2,600 sq ft across two APNs, this high-performing asset includes a 5-bed, 3.5-bath front home designed for short-term rental success—featuring three en-suites, two flex spaces, multiple patios, and a rooftop deck with

    Nilab Azizi Compass

    Section Image
  • 4768 72 Coronado Ave Ave, San Diego, CA 92107

    $2,999,000

    • 7 Beds
    • 5 Baths
    • 2,775 Sq Ft
    • 4768 72 Coronado Ave Ave
    • San Diego, CA

    There are 4 Units. Three of the units are residentially permitted. Construction for this property began in 1960. Originally it was a 3 unit project. Each unit included 2 bedrooms and 1 bathroom. several years after the 3 units were built the local telephone company entered into an agreement with the owner to add storage and office space to the building to begin internet services for the

    Dan Dennison TXR Homes

    Section Image
  • 1215 Grand Ave, San Diego, CA 92109

    $3,495,000

    • 6 Beds
    • 6 Baths
    • 1215 Grand Ave
    • San Diego, CA

    Welcome to this immaculate duplex located blocks down from the sandy shores, offering the perfect blend of coastal living and turnkey investment potential. Both units were fully remodeled from Ground Up. Step into this completely transformed home, where every inch has been reimagined with care, quality, and a designer touch. This property has been taken down to the studs and rebuilt to meet

    Mason Ballard Weichert SoCal

    Section Image
  • 1951 Hornblend St Unit 55, San Diego, CA 92109

    $2,700,000

    • 7 Beds
    • 6 Baths
    • 3,200 Sq Ft
    • 1951 Hornblend St
    • Unit 55
    • San Diego, CA

    Great opportunity to buy a stabilized asset with 3 units remodeled. New owner can convert the garages to 2 additional 450SF studio ADU's or one big 2 bed 1 bath ADU by right increasing income. With 30 foot height limit in coastal pacific beach the rental market remains strong. Blocks away from Better Buzz, Trader Joes, Jersey Mikes, Vons and close enough to bay and ocean but far enough to

    Chris J. Luna Backyard Brokerage Inc.

    Section Image
  • 3852-56 1st Ave, San Diego, CA 92103

    $3,000,000

    • 5 Beds
    • 5 Baths
    • 2,900 Sq Ft
    • 3852-56 1st Ave
    • San Diego, CA

    Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample 2 alley parking spots and 3 detached garages

    Ali Batiari Pellego, Inc.

    Section Image
See All Homes in San Diego

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Florio Kathleen Kelley -- Accommodation
Ursa Ventures Llc $2,020,000 Chicago Title Company
Blackhall Eric James -- None Available
Kelley James L -- None Available
Kelley James Leo -- None Available
Kelley Vacation Rentals Lp -- None Available
Kelley James Leo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ursa Ventures Llc $603,000
Open Ursa Ventures Llc $1,485,000
Closed Ursa Ventures Llc $1,515,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2020 06/23/20 Sold $2,020,000 +1.3% $704 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $1,995,000 -- $695 / 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 $26,657 $2,165,845 $1,608,302 $557,543
2023 $26,069 $2,123,378 $1,576,767 $546,611
2022 $25,374 $2,081,744 $1,545,850 $535,894
2021 $25,199 $2,040,927 $1,515,540 $525,387
2020 $15,126 $1,225,909 $764,576 $461,333
2019 $14,856 $1,201,873 $749,585 $452,288
2018 $13,890 $1,178,308 $734,888 $443,420
2017 $13,571 $1,155,205 $720,479 $434,726
2016 $13,357 $1,132,554 $706,352 $426,202
2015 $13,160 $1,115,543 $695,742 $419,801
2014 $12,946 $1,093,692 $682,114 $411,578
Source: Public Records

Agents Affiliated with this Home

  • Steve Cairncross

    Seller's Agent in 2020

    Steve Cairncross

    Berkshire Hathaway HomeServices California Properties

    (858) 859-3370

    47 in this area

    252 Total Sales

    Steve Cairncross
    Section Image
  • Patrick Cairncross

    Seller Co-Listing Agent in 2020

    Patrick Cairncross

    Berkshire Hathaway HomeServices California Properties

    (858) 922-4884

    18 in this area

    106 Total Sales

    Patrick Cairncross
    Section Image
  • Monroe Herington

    Buyer's Agent in 2020

    Monroe Herington

    eXp Realty of California, Inc.

    (619) 929-6546

    26 in this area

    90 Total Sales

    Monroe Herington
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 200020756

San Diego MLS

APN: 423-692-03

California San Diego County San Diego 92109 Mission Beach

721 San Fernando Place, San Diego, CA

This home is located at 721 San Fernando Place, San Diego, CA 92109 since 08 May 2020 and is currently estimated at $3,257,765, approximately $1,135 per square foot. This property was built in 1991. 721 San Fernando Place is a home located in San Diego County with nearby schools including Pacific Beach Elementary School, Pacific Beach Middle, and Mission Bay High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes