NOT LISTED FOR SALE

Estimated Value: $2,570,000 - $3,161,000

5 Beds
3 Baths
2,493 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold February 07, 2019

Last sale price $1,675,000 $672 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $17,948/month

105 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Private Streets
  • Pacific Beach Elementary School Rated A-
  • Community Barbecue Grill
  • 2-minute walk to Mission Beach Pocket Park

About This Home

As of February 2019

Live the life you always wanted in this stunning duplex offering over 2400esf of living space in Mission Beach! Just feet from the baordwalk and sand, this is an amazing find. The lower unit is 2 bdrm/ 1 bath and opens to a patio area on the court. The upstairs offers 3 bdrms/2 bath and features ocean views from the living room. The upgraded kitchen has granite counter tops and custom cabinets. Highlight of this property is the rooftop deck to enjoy endless sunsets and soak in the California Sun. Beach parking is no problem with a 2 car garage and 2 car tandem parking spaces, as well as an additional space beghind the garage for a total of 5 parking spaces in Mission Beach! Live in one unit and rent the other for year round income. The possibilities are endless! Mission Beach is San Diego’s lively take on the classic boardwalk beach town with nearly two miles of oceanfront boardwalk, numerous rental shops and Belmont Park, a boardwalk amusement park, featuring the Giant Dipper Roller Coaster, originally built in 1925 but since restored, the Wave House, miniature golf, bumper cars, rock climbing and an arcade. There are also a host of activities for the whole family to enjoy including biking, beach volleyball, boogie boarding, surfing, whale watching, sport fishing and scuba diving.

Last Agent to Sell the Property

Carlos Gutierrez

eXp Realty of California, Inc. License #01507102 Listed on: 09/17/2018

eXp Realty of California, Inc.

Co-Listed By

Stephanie Martinez Guajardo

Coldwell Banker Realty License #01983524

Last Buyer's Agent

Fred Mann

IRN Realty License #01016517

IRN Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,555

Year Built

  • Built in 1970

Lot Details

  • 2,448 Sq Ft Lot
  • Beach Front
  • Private Streets
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Stucco Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 3-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Vacation Rental by Owner
  • Assessor Parcel Number 423-643-11-00

Community Details

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Recreational Area
  • Trails

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $79,629

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,555

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Strandway
  • Neighborhood: Mission Beach
  • Supplement: Beach parking is no problem with a 2 car garage and 2 car tandem parking spaces, as well as an additional space beghind the garage for a total of 5 parking spaces in Mission Beach! Live in one unit and rent the other for year round income. The possibilities are endless! Mission Beach is San Diego’s lively take on the classic boardwalk beach town with nearly two miles of oceanfront boardwalk, numerous rental shops and Belmont Park, a boardwalk amusement park, featuring the Giant Dipper Roller Coaster, originally built in 1925 but since restored, the Wave House, miniature golf, bumper cars, rock climbing and an arcade. There are also a host of activities for the whole family to enjoy including biking, beach volleyball, boogie boarding, surfing, whale watching, sport fishing and scuba diving.
  • Miscellaneous: Value in Land
  • Stories: 3 Story
  • Sale Price List Price: 1.0
  • Total Stories: 3
  • Year Built: 1970
  • 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
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Ocean/Sand
  • View: Bay, Evening Lights, Ocean

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SAN DIEGO
  • Complex Features: BBQ, Biking/Hiking Trails, Laundry Facilities, Recreation Area
  • Manager Name: Eileen - Mission Sands
  • Manager Phone: 858-488-2550

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access, Private Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 423-643-11-00
  • Estimated Lot Sq Ft: 2448
  • Estimated Number of Acres: 0.06
  • Map Code Column: H
  • Map Code Page: 1267
  • Map Code Row: 2

Rental Info

  • Vacation Rental By Owner: Yes

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 79629
  • Annual Expense Actual: 20031
  • Gross Rent Multiplier Actual: 19.05
  • Gross Sched Income Actual: 99662
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • 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

Closed on
Jul 11, 2019
Sold by
Mann Sharon
Bought by
K & D Group Llc
Current Estimated Value
$2,972,037

Purchase Details

Listed on
Sep 17, 2018
Closed on
Jan 10, 2019
Sold by
Coyne Martin
Bought by
Mann Sharon
Seller's Agent
Carlos Gutierrez
eXp Realty of California, Inc.
Buyer's Agent
Fred Mann
IRN Realty
List Price
$1,899,000
Sold Price
$1,675,000
Premium/Discount to List
-$224,000
-11.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.08%
Original Mortgage
$988,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2013
Sold by
Zwink Patricia and Zwink Joel D
Bought by
Coyne Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 18, 2007
Sold by
Irwin Chad C and Irwin Cynthia S
Bought by
Zwink Patricia and Zwink Joel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,157,350
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2007
Sold by
Livingston Leon B
Bought by
Irwin Chad C and Irwin Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2004
Sold by
Livingston Leon B
Bought by
Livingston Leon B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$597,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1995
Sold by
Livingston Carole A
Bought by
Livingston Leon B

Purchase Details

Closed on
Jul 29, 1983
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
K & D Group Llc -- None Available
Mann Sharon $1,675,000 Equity Title San Diego
Coyne Martin $1,580,000 Corinthian Title Company
Zwink Patricia $1,465,000 Chicago Title Co
Irwin Chad C $1,245,000 Chicago Title Co
Livingston Leon B -- United Title
Livingston Leon B -- --
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mann Sharon $988,250
Previous Owner Coyne Martin $1,000,000
Previous Owner Zwink Patricia $1,157,350
Previous Owner Irwin Chad C $996,000
Previous Owner Livingston Leon B $150,000
Previous Owner Livingston Leon B $80,000
Previous Owner Livingston Leon Burton $200,000
Previous Owner Livingston Leon B $597,000
Previous Owner Livingston Leon B $200,000
Previous Owner Livingston Leon B $60,000
Previous Owner Livingston Leon B $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2019 02/07/19 Sold $1,675,000 0.0% $672 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
12/14/2018 12/14/18 Price Changed $1,675,000 -1.4% $672 / Sq Ft
11/30/2018 11/30/18 Price Changed $1,698,000 -0.1% $681 / Sq Ft
09/21/2018 09/21/18 Price Changed $1,699,000 -10.5% $682 / Sq Ft
09/17/2018 09/17/18 For Sale $1,899,000 +20.2% $762 / Sq Ft
09/13/2013 09/13/13 Sold $1,580,000 -4.2% $992 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $1,649,000 -- $1,035 / 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
2025 $22,555 $1,868,489 $1,550,569 $317,920
2024 $22,555 $1,831,853 $1,520,166 $311,687
2023 $22,057 $1,795,935 $1,490,359 $305,576
2022 $21,470 $1,760,722 $1,461,137 $299,585
2021 $21,321 $1,726,199 $1,432,488 $293,711
2020 $21,056 $1,708,500 $1,417,800 $290,700
2019 $21,436 $1,736,286 $1,406,612 $329,674
2018 $20,039 $1,702,242 $1,379,032 $323,210
2017 $19,572 $1,668,866 $1,351,993 $316,873
2016 $19,263 $1,636,144 $1,325,484 $310,660
2015 $18,979 $1,611,568 $1,305,574 $305,994
2014 $18,674 $1,580,000 $1,280,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180052193

San Diego MLS

APN: 423-643-11