$1,368,000
SOLD JUN 23, 2016
6 Beds
4 Baths
1,892 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$723 Per Sq Ft

2% Below List Price

33 Days on Market

Highlights

  • Bay View
  • Property is Fully Fenced
  • West of 5 Freeway
  • Pacific Beach Elementary School Rated A-
  • Level Lot
  • 3-minute walk to Mission Point Park

About This Home

As of February 2024

Mid-century modern duplex in coveted South Mission Beach. These 2 spacious units with vintage charm have been meticulously managed & maintained. Newer carpeting, fresh paint, vintage 50's tile, laundry in each unit & 2 parking spaces each. This special court has long term owners & is very quiet. Just a stone's throw to the bay, beach & San Diego's maritime fun. Quality tenants flock to this location. Perfect 2nd home, vacation rental or easy investment. Opportunities like this don't come along often!!

Last Agent to Sell the Property

Catrina Russell

Coldwell Banker West License #01229742 Listed on: 04/30/2016

Coldwell Banker West

Last Buyer's Agent

Catrina Russell

Coldwell Banker West License #01229742 Listed on: 04/30/2016

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $35,706

Year Built

  • Built in 1958

Lot Details

  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Bay Views

Location

  • West of 5 Freeway

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
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 423-767-03-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$35,706

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Bayside Walk
  • Neighborhood: South Mission
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1958
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Rolled/Hot Mop
  • View: Bay

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: MISSION BEACH
  • Manager Name: Shore Management
  • Manager Phone: (858) 274-35

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, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 423-767-03-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 24.0
  • Gross Sched Income Actual: 56280
  • Gross Sched Income Projected: 72000
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Feb 15, 2024
Sold by
Saluda Grade Short Term Rental
Bought by
Anacapa Ct Llc
Seller's Agent
Monroe Herington
eXp Realty of California Inc
Buyer's Agent
Eugenia Garcia
Compass
List Price
$2,750,000
Sold Price
$3,028,000
Premium/Discount to List
$278,000
10.11%
Views
79
Current Estimated Value
$2,979,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,987
Avg. Annual Appreciation
-1.07%

Purchase Details

Listed on
Jan 26, 2022
Closed on
Mar 18, 2022
Sold by
Michael Timon Family Trust
Bought by
Saluda Grade Short Term Rental Inc
Seller's Agent
Michael Panissidi
Coldwell Banker West
Buyer's Agent
Michael Panissidi
Coldwell Banker West
List Price
$2,895,000
Sold Price
$2,790,000
Premium/Discount to List
-$105,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Dec 18, 2020
Closed on
Feb 17, 2021
Sold by
Volpe Vincent and Volpe Maria
Bought by
Timon Michael J and The Michael Timon Family Trust
Seller's Agent
Lawrence Tollenaere
Coldwell Banker Realty
Buyer's Agent
Michael Panissidi
Coldwell Banker West
List Price
$2,175,000
Sold Price
$2,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.48%
Original Mortgage
$1,413,750
Interest Rate
3.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 30, 2016
Closed on
Jun 8, 2016
Sold by
Contreras Matias R and Contreras Madeline C
Bought by
Volpe Vincent and Volpe Marla
Seller's Agent
Catrina Russell
Coldwell Banker West
Buyer's Agent
Catrina Russell
Coldwell Banker West
List Price
$1,399,000
Sold Price
$1,368,000
Premium/Discount to List
-$31,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.32%

Purchase Details

Closed on
Jun 10, 1998
Sold by
Britton Frank R and Britton Anne E
Bought by
Contreras Matias R and Contreras Madeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
7.06%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Scripps Bank
Bought by
Britton Frank R and Britton Anne E

Purchase Details

Closed on
Dec 5, 1994
Sold by
Britton Madeline A
Bought by
Britton Madeline A

Purchase Details

Closed on
Jul 15, 1993
Sold by
Britton Madeline A
Bought by
Britton Madeline A
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,978,000 First American Title
Grant Deed $2,790,000 Chicago Title
Grant Deed $2,175,000 First American Title Company
Grant Deed $1,368,000 Chicago Title Company
Grant Deed -- Commonwealth Land Title Ins
Quit Claim Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,232,000 Construction
Previous Owner $1,413,750 New Conventional
Previous Owner $190,356 New Conventional
Previous Owner $237,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $3,028,000 +10.1% $1,602 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $2,750,000 -1.4% $1,455 / Sq Ft
04/04/2022 04/04/22 Sold $2,790,000 -3.6% $1,476 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $2,895,000 +33.1% $1,532 / Sq Ft
03/12/2021 03/12/21 Sold $2,175,000 0.0% $1,150 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
12/18/2020 12/18/20 For Sale $2,175,000 +59.0% $1,150 / Sq Ft
06/23/2016 06/23/16 Sold $1,368,000 -2.2% $723 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
04/30/2016 04/30/16 For Sale $1,399,000 -- $739 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

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 $35,706 $3,037,560 $2,672,400 $365,160
2024 $35,706 $2,902,716 $2,569,788 $332,928
2023 $34,919 $2,845,800 $2,519,400 $326,400
2022 $27,038 $2,218,500 $1,963,500 $255,000
2021 $18,486 $1,496,103 $1,312,373 $183,730
2020 $18,260 $1,480,764 $1,298,917 $181,847
2019 $17,935 $1,451,731 $1,273,449 $178,282
2018 $16,767 $1,423,267 $1,248,480 $174,787
2017 $16,380 $1,395,360 $1,224,000 $171,360
2016 $6,019 $507,726 $379,628 $128,098
2015 $5,931 $500,100 $373,926 $126,174
2014 $5,832 $490,305 $366,602 $123,703
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160023250

San Diego MLS

APN: 423-767-03