NOT LISTED FOR SALE
2 Beds
3 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $1,100,000

219 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Heating System Uses Natural Gas
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 4-minute walk to South Mission Beach Park

About This Home

As of July 2020

PRIME SOUTH BEACH LOCATION! Perfectly situated on one of the area's best beach courts located steps to ocean and bay sand. Two 1 bed/1 bath units and one nonconforming studio unit with one car garage parking. Perfect for vacation rental investors, residential and second home buyers looking for long term rental or vacation rental income. Please do not disturb tenants.

Last Agent to Sell the Property

shelly bird

S.A.B. Real Estate Investments License #01445732 Listed on: 11/04/2019

Co-Listed By

Jim Taylor

Taylor Investment Properties License #00594876

Last Buyer's Agent

Sheila Engelman

Southcoast Realty Services License #00601204

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • Bay

Home Design

  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 423-743-07

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $22,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: South Mission Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1939
  • 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: Partial
  • View: Bay, Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property

Condo/Co-op/Association

  • 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
  • Site: Alley Access, Sidewalks
  • Topography: Level
  • Assessor Parcel Number: 423-743-07
  • Land Use Code: R-2

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 22608
  • Annual Expense Actual: 25000
  • Gross Rent Multiplier Actual: 20.22
  • Gross Sched Income Actual: 52320
  • Number Of Buildings: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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Sold Price
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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
07/27/2020 07/27/20 Sold $1,100,000 -4.3% --
06/11/2020 06/11/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $1,150,000 0.0% --
02/19/2020 02/19/20 Pending -- -- --
01/08/2020 01/08/20 Price Changed $1,150,000 -4.2% --
11/04/2019 11/04/19 For Sale $1,200,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190059867

San Diego MLS

APN: 423-743-07-00