$2,038,000
SOLD APR 16, 2025

729 Queenstown Ct Unit 33 San Diego, CA 92109

Mission Beach Neighborhood
4 Beds
4 Baths
-- Sq Ft
2,500 Sq Ft Lot

Recently Sold

7% Below List Price

25 Days on Market

About This Home

As of April 2025

Classic 1930's Mission Beach Fourplex on Queenstown Court... Highly desirable location close to Mission Bay Aquatics Center, eateries, and steps away from the beach. The property features a gated central courtyard, spacious side yard, and plenty of storage space in the garage for all your beach gear. The lot size and neighborhood-commercial zoning designation make this property a potentially attractive site for redevelopment.

Last Agent to Sell the Property

Dan Melroy

Melroy Investments Inc License #01319904

Last Buyer's Agent

George Bukes

Compass License #01937149

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 2,500 Sq Ft Lot
  • Gated Home

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 423-583-05-00

Community Details

Overview

  • 4 Units
  • Fourplex Community

Building Details

  • Net Operating Income $50,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

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
  • LP / Sq Ft: 30.53
  • Stories: 2 Story
  • Sale Price List Price: 0.93
  • Total Stories: 2
  • Year Built: 1936
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Gate
  • Roof: Rolled/Hot Mop

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: Fourplex
  • Community: MISSION BEACH

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Water District: CITY OF SAN DIEGO
  • Zoning: MBPD-NC-N
  • Assessor Parcel Number: 423-583-05-00
  • Estimated Lot Dimensions: 50' X 50'
  • Estimated Lot Sq Ft: 2500
  • Estimated Number of Acres: 0.06

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 50000
  • Annual Expense Actual: 40000
  • Annual Expense Projected: 28000
  • Gross Rent Multiplier Actual: 18.3
  • Gross Rent Multiplier Projected: 17.0
  • Gross Sched Income Actual: 120000
  • Gross Sched Income Projected: 129600
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 2

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $2,038,000 -7.4% --
03/17/2025 03/17/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $2,200,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250019319

San Diego MLS

APN: 423-583-05-00