NOT LISTED FOR SALE
4 Beds
4 Baths
2,792 Sq Ft
6,970 Sq Ft Lot

Last Sold February 28, 2020

Last sale price $2,458,000 $880 Per Sq Ft

10 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating System
  • Property is Fully Fenced
  • La Jolla Elementary School Rated A
  • Laundry Facilities
  • Level Lot

About This Home

As of February 2020

You'll fall in love with this rarely available income property in a prime village location. Multiple dwellings on a large lot with alley access & endless possibilities. Live, rent or redevelop! Charming interiors, lush outdoor nooks, large patio & deck spaces. Open concept entertaining in the front 2BR/2BA home. Ocean & sunset views from the upper rear unit. 2 garage spaces with ample storage. Darling 1BR/1BA downstairs. Walk to the beach, schools, restaurants, shops & all the village has to offer!

Last Agent to Sell the Property

Jorie Fischer

Compass License #01940168 Listed on: 02/07/2020

Compass

Co-Listed By

Ruth Mills

Berkshire Hathaway HomeServices California Properties License #01250105

Last Buyer's Agent

Barry Tashakorian

Berkshire Hathaway HomeService License #01770134

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,991 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • City Lights

Home Design

  • Clay Roof
  • Stucco Exterior

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for water, cable TV, electricity, gas/propane
  • Assessor Parcel Number 351-061-04-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $75,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

6,991 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Pearl and Genter
  • Neighborhood: Village
  • Stories: 2 Story
  • Sale Price List Price: 1.09
  • Total Stories: 2
  • Year Built: 1975
  • 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: Stucco
  • Fencing: Full
  • Roof: Tile/Clay
  • View: Evening Lights, Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: LA JOLLA
  • Complex Features: Laundry Facilities

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: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 351-061-04-00
  • Land Use Code: R2
  • Estimated Lot Sq Ft: 6991
  • Estimated Number of Acres: 0.16
  • Map Code Column: F
  • Map Code Page: 1227
  • Map Code Row: 7

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 75000
  • Gross Rent Multiplier Actual: 30.0
  • Gross Rent Multiplier Projected: 280.0
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 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
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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 List to Sale Price per Sq Ft
02/28/2020 02/28/20 Sold $2,458,000 +9.2% $880 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $2,250,000 -- $806 / Sq Ft
Source: San Diego MLS

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 $32,401 $3,731,160 $3,264,000 $467,160
2024 $32,401 $2,635,468 $2,358,842 $276,626
2023 $31,688 $2,583,793 $2,312,591 $271,202
2022 $30,845 $2,533,132 $2,267,247 $265,885
2021 $30,634 $2,483,464 $2,222,792 $260,672
2020 $2,981 $239,688 $77,707 $161,981
2019 $2,928 $234,989 $76,184 $158,805
2018 $2,739 $230,383 $74,691 $155,692
2017 $80 $225,867 $73,227 $152,640
2016 $2,630 $221,440 $71,792 $149,648
2015 $2,592 $218,115 $70,714 $147,401
2014 $2,552 $213,843 $69,329 $144,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200006380

San Diego MLS

APN: 351-061-04-00

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