NOT LISTED FOR SALE

726 & 728 San Luis Rey Place San Diego, CA 92109

Mission Beach Neighborhood

Estimated Value: $1,489,378 - $1,741,000

5 Beds
4 Baths
2,222 Sq Ft
$729/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $1,862,000 $838 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $9,806/month

10 Days on Market

Highlights

  • Ocean View
  • Fireplace
  • 4-minute walk to South Mission Beach Park
  • Pacific Beach Elementary School Rated A-
  • Gated Home

About This Home

As of June 2018

2 South Mission units located on popular and drivable San Luis Rey Place. A few steps to the sand, short walk to the jetty and across the street from the bay. South facing orientation brings warm sunlight while enjoying ocean views. Currently, a summer vacation rental and owner occupied the other 9 months of the year. This is a great investment opportunity! Both units feature hardwood flooring, granite counters, open kitchens with stainless appliances and newly refurbished patios. Available furnished. Multiple french doors open up to spacious outdoor entertaining upstairs and down. Cruise the boardwalk, walk, bike or scoot to shops and restaurants, play at Belmont Park, pick up a game of beach volleyball, ride the surf, grab your fishing pole or just nestle your toes in the warm sand. This is the beach life at its best! Don't miss your chance to own coastal income producing units! Units are move-in ready, fully furnished and equipped for vacation rentals, long term rentals or for you to move in and enjoy one while renting the other!

Last Agent to Sell the Property

Jorie Fischer

eXp Realty of California, Inc. License #01940168 Listed on: 05/26/2018

eXp Realty of California, Inc.

Last Buyer's Agent

Jorie Fischer

eXp Realty of California, Inc. License #01940168 Listed on: 05/26/2018

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,798

Year Built

  • Built in 1983

Lot Details

  • 2,364 Sq Ft Lot
  • Gated Home
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Ocean Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 423-743-13-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,798

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission Blvd, Strandway
  • Neighborhood: Mission Beach
  • Supplement: Multiple french doors open up to spacious outdoor entertaining upstairs and down. Cruise the boardwalk, walk, bike or scoot to shops and restaurants, play at Belmont Park, pick up a game of beach volleyball, ride the surf, grab your fishing pole or just nestle your toes in the warm sand. This is the beach life at its best! Don't miss your chance to own coastal income producing units! Units are move-in ready, fully furnished and equipped for vacation rentals, long term rentals or for you to move in and enjoy one while renting the other!
  • LP / Sq Ft: 17.21
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1983
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Gate, Partial
  • Roof: Composition
  • View: Ocean

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Fireplace

Condo/Co-op/Association

  • Community: MISSION BEACH
  • Manager Name: Paul Becker
  • Manager Phone: 858-605-1497

Lot Info

  • Lot Size: 1-3,999 SF
  • Assessor Parcel Number: 423-743-13-01
  • Estimated Lot Sq Ft: 2364
  • Estimated Number of Acres: 0.05
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 4

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 45000
  • Gross Rent Multiplier Projected: 12.0
  • Gross Sched Income Projected: 152500
  • Number Of Buildings: 1
  • Number Of Furnished Units: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 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: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Jun 13, 2018
Sold by
Gfm West Coast Investments Llc
Bought by
Leparulo Marie Grace and Anthony Leparulo Trust
Seller's Agent
Jorie Fischer
eXp Realty of California, Inc.
Buyer's Agent
Jorie Fischer
eXp Realty of California, Inc.
List Price
$1,850,000
Sold Price
$1,862,000
Premium/Discount to List
$12,000
0.65%
Current Estimated Value
$1,596,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$265,952
Avg. Annual Appreciation
-2.91%

Purchase Details

Closed on
Apr 2, 2013
Sold by
Duckor Michael John
Bought by
Gfm West Coast Investments Llc

Purchase Details

Closed on
Feb 29, 2012
Sold by
Duckor Michael
Bought by
Duckor Michael John and Duckor Linda Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,500
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Silverman Mark A and Silverman Lynne M
Bought by
Duckor Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2006
Sold by
May Robert E
Bought by
Silverman Mark A and Silverman Lynne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1998
Sold by
Robert May and Robert E
Bought by
May Robert E

Purchase Details

Closed on
Jun 9, 1998
Sold by
May Patricia F
Bought by
May Robert E

Purchase Details

Closed on
May 4, 1990

Purchase Details

Closed on
Nov 13, 1987
Source: Public Records

Range of Values:

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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
Leparulo Marie Grace $1,862,000 Chicago Title Company
Gfm West Coast Investments Llc $1,582,000 Chicago Title Company
Duckor Michael John -- Fidelity National Title
Duckor Michael $790,000 First American Title Ins Co
Silverman Mark A $725,000 Chicago Title Co
May Robert E -- Old Republic Title Company
May Robert E -- --
-- $255,000 --
-- $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duckor Michael John $409,500
Previous Owner Duckor Michael $650,000
Previous Owner Silverman Mark A $100,000
Previous Owner Silverman Mark A $417,000
Previous Owner May Robert E $310,000
Previous Owner May Robert E $60,000
Previous Owner May Robert E $252,000
Previous Owner May Robert E $250,000
Previous Owner May Robert E $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2018 06/22/18 Sold $1,862,000 +0.6% $838 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
05/26/2018 05/26/18 For Sale $1,850,000 -- $833 / 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 $12,798 $1,059,313 $917,087 $142,226
2024 $12,798 $1,038,543 $899,105 $139,438
2023 $12,515 $1,018,180 $881,476 $136,704
2022 $12,182 $998,217 $864,193 $134,024
2021 $12,098 $978,646 $847,249 $131,397
2020 $11,951 $968,612 $838,562 $130,050
2019 $11,738 $949,620 $822,120 $127,500
2018 $8,782 $744,417 $638,531 $105,886
2017 $80 $729,821 $626,011 $103,810
2016 $8,444 $715,512 $613,737 $101,775
2015 $8,320 $704,766 $604,519 $100,247
2014 $8,185 $690,962 $592,678 $98,284
Source: Public Records

Agents Affiliated with this Home

  • Jorie Fischer

    Seller's Agent in 2018

    Jorie Fischer

    eXp Realty of California, Inc.

    (858) 945-4059

    25 Total Sales

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Map

Source: San Diego MLS

MLS Number: 180028269

San Diego MLS

APN: 423-743-13-01

California San Diego County San Diego 92109 Mission Beach

726 & 728 San Luis Rey Place, San Diego, CA

This home is located at 726 & 728 San Luis Rey Place, San Diego, CA 92109 since 26 May 2018 and is currently estimated at $1,619,845, approximately $729 per square foot. This property was built in 1983. 726 & 728 San Luis Rey 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.

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