735 San Fernando Place Unit B San Diego, CA 92109
Mission Beach Neighborhood
3
Beds
2
Baths
1,277
Sq Ft
$230/mo
HOA Fee
Highlights
- Beach Front
- Ocean View
- Lanai
- Pacific Beach Elementary School Rated A-
- 0.11 Acre Lot
- 1-minute walk to Mission Beach Park
About This Home
As of October 2024**TOP FLOOR PENTHOUSE UNIT!** Just steps from Mission Beach Ocean Boardwalk, this stunning 3-bedroom, 2-bath home offers luxury at a fraction of the cost. With a land lease until 2037, it’s the perfect time to own your dream home by the beach. Recently underwent a high-end remodel, exuding a coastal beach vibe with a luxurious feel. The unit boasts unobstructed ocean and Belmont Park views from the balcony. Enjoy great income potential, whether you rent it year-round or only during the months you're not there. The 2-car tandem parking features an internal garage door for secure storage. Potential for SELLER FINANCING. This property consistently generates rental income, making it an excellent investment as a short or long-term rental. Don’t miss out on this incredible opportunity!
Last Agent to Sell the Property
Palisade Realty Inc License #02084283 Listed on: 07/08/2024
Last Buyer's Agent
Non-Member Default
Default Non-Member Office
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,476
Year Built
- Built in 1989
Lot Details
- Beach Front
- Open Space
- Property is Fully Fenced
- Land Lease
HOA Fees
- $230 Monthly HOA Fees
Parking
- 2 Car Garage
- Tandem Garage
- Guest Parking
Home Design
- Common Roof
- Stucco Exterior
Interior Spaces
- 1,277 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Storage Room
- Ocean Views
Kitchen
- Breakfast Area or Nook
- Six Burner Stove
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Outdoor Features
- Balcony
- Patio
- Lanai
- Outdoor Grill
- Front Porch
Utilities
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 423-692-23-03
Community Details
Overview
- Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance
- $1,132 Other Monthly Fees
- 4 Units
- Sandcastle HOA, Phone Number (858) 485-9811
- Sandcastle Community
Amenities
- Community Barbecue Grill
Recreation
- Trails
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2024
Closed on
Sep 10, 2024
Sold by
Gerry And Kathleen Alker Trust and Alker Gerry
Bought by
Vekso Family Trust and Siem
Seller's Agent
Jaymie Santiago
Palisade Realty Inc
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$835,000
Sold Price
$543,750
Premium/Discount to List
-$291,250
-34.88%
Views
273
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,392
Avg. Annual Appreciation
33.08%
Purchase Details
Listed on
Sep 16, 2015
Closed on
Jan 7, 2016
Sold by
Petty Claude A
Bought by
Alker Gerry
Seller's Agent
Melvin Burgess
Coldwell Banker Realty
Buyer's Agent
Nadine Nelson
Berkshire Hathaway HomeServices California Properties
List Price
$420,000
Sold Price
$420,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Purchase Details
Closed on
Apr 8, 2005
Sold by
Petty Claude A
Bought by
Petty Claude A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.02%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2001
Sold by
Eklund Sven Erik
Bought by
Petty Claude A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
8.99%
Purchase Details
Closed on
Apr 5, 1994
Sold by
Eklund Sven Erik
Bought by
Eklund Sven Erik
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $544,000 | First American Title | |
| Grant Deed | $420,000 | Equity Title San Diego | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $380,000 | California Title Company | |
| Grant Deed | -- | Benefit Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $370,000 | New Conventional | |
| Previous Owner | $83,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $285,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $543,750 | 0.0% | $426 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/17/2024 08/17/24 | Off Market | $543,750 | -- | -- |
| 07/22/2024 07/22/24 | Price Changed | $750,000 | -10.2% | $587 / Sq Ft |
| 07/08/2024 07/08/24 | For Sale | $835,000 | +98.8% | $654 / Sq Ft |
| 01/22/2016 01/22/16 | Sold | $420,000 | 0.0% | $329 / Sq Ft |
| 11/09/2015 11/09/15 | Pending | -- | -- | -- |
| 09/15/2015 09/15/15 | For Sale | $420,000 | -- | $329 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $10,476 | $1,100,000 | $556,250 | $543,750 |
| 2024 | $10,476 | $849,518 | $362,075 | $487,443 |
| 2023 | $10,245 | $832,862 | $354,976 | $477,886 |
| 2022 | $9,972 | $816,532 | $348,016 | $468,516 |
| 2021 | $9,903 | $800,523 | $341,193 | $459,330 |
| 2020 | $9,782 | $792,316 | $337,695 | $454,621 |
| 2019 | $9,608 | $776,781 | $331,074 | $445,707 |
| 2018 | $8,983 | $761,551 | $324,583 | $436,968 |
| 2017 | $80 | $746,619 | $318,219 | $428,400 |
| 2016 | $6,548 | $554,074 | $311,980 | $242,094 |
| 2015 | $6,452 | $545,752 | $307,294 | $238,458 |
| 2014 | $6,347 | $535,062 | $301,275 | $233,787 |
Source: Public Records
Agents Affiliated with this Home
-
Jaymie Santiago
Seller's Agent in 2024
Jaymie Santiago
Palisade Realty Inc
(619) 818-0089
1 in this area
36 Total Sales
-
N
Buyer's Agent in 2024
Non-Member Default
Default Non-Member Office
-
O
Buyer's Agent in 2024
Out of Area Agent
Out of Area Office
-
K
Buyer's Agent in 2024
Kathryn Frost
RETS IDX TCAR VENDORS
-
M
Seller's Agent in 2016
Melvin Burgess
Coldwell Banker Realty
-
Nadine Nelson
Buyer's Agent in 2016
Nadine Nelson
Berkshire Hathaway HomeServices California Properties
(619) 889-3429
8 Total Sales
Map
Source: San Diego MLS
MLS Number: 240015254
APN: 423-692-23-03
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