NOT LISTED FOR SALE
1 Bed
3 Baths
1,116 Sq Ft
2,548 Sq Ft Lot

Last Sold February 19, 2021

Last sale price $1,499,999 $1,344 Per Sq Ft

8 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Paved or Partially Paved Lot
  • Pacific Beach Elementary School Rated A-

About This Home

As of February 2021

Beautiful 3 unit complex in the heart of Mission Beach! Situated on a main walking street this breathtaking property is perfect for your next vacation Home! Take a scenic stroll in the sunset and view all San Diego has to offer. 2 minute walk to mission bay!!!! Central location with SPECTACULAR VIEWS of the beach, bay, Point Loma and so much more! Take advantage of this rare opportunity to own this vacation home. Over $100k in annual revenue for both 2019 and 2020!!! 4.4% cap rate. This opportunity won't last W T Haaland Realty it's associates and assigns make no warranty, express or implied, as to the accuracy or completeness of the information contained herein.

Last Agent to Sell the Property

Connie Nevarez

WT Haaland Realty License #02069161 Listed on: 01/04/2021

Last Buyer's Agent

Zehra Rizvi

HomeSmart Realty West License #01977495

HomeSmart Realty West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 2,548 Sq Ft Lot
  • Two or More Common Walls
  • Paved or Partially Paved Lot

Home Design

  • 1,116 Sq Ft Home
  • Duplex

Additional Features

  • Laundry Room
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 812Ormond92109
  • Tax Tract Number 1809
  • Assessor Parcel Number 4236022100

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Operating Expense $13,944
  • Gross Income $105,142
  • Net Operating Income $91,198

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

2,548 Sq Ft Lot

Listing Details

  • CapRate: 4.00
  • Property Attached: Yes
  • Zoning: R-4:MULTIPLE RESIDENTIAL
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4236022100
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 1344.09

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Near Public Transit, Paved
  • Lot Size Sq Ft: 2548.00
  • Lot Size Acres: 0.0500

Multi Family

  • Gross Income: 105142.00
  • Gross Scheduled Income: 105142.00
  • Lot Size Area: 2548.0000 Square Feet
  • Net Operating Income: 91198.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 13944.00
  • Rent Control: No
  • Total Expenses: 13944.08

Tax Info

  • Tax Lot: 812Ormond92109
  • Tax Tract Number: 001809
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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
02/19/2021 02/19/21 Sold $1,499,999 0.0% $1,344 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $1,499,999 -- $1,344 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,625 $1,623,643 $1,542,465 $81,178
2024 $19,625 $1,591,808 $1,512,221 $79,587
2023 $19,190 $1,560,597 $1,482,570 $78,027
2022 $18,677 $1,529,998 $1,453,500 $76,498
2021 $13,062 $1,054,803 $999,289 $55,514
2020 $12,901 $1,043,988 $989,043 $54,945
2019 $12,672 $1,023,518 $969,650 $53,868
2018 $11,848 $1,003,450 $950,638 $52,812
2017 $80 $983,776 $931,999 $51,777
2016 $11,399 $964,487 $913,725 $50,762
2015 $3,902 $333,002 $284,279 $48,723
2014 -- $326,480 $278,711 $47,769
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2100075

California Regional Multiple Listing Service (CRMLS)

APN: 423-602-21-00

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