NOT LISTED FOR SALE
4 Beds
3 Baths
2,000 Sq Ft
2,644 Sq Ft Lot Lot

Sale Details

Date Sold: August 24, 2022

Last sale price $2,000,000 $1,000 Per Sq Ft

89 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 5-minute walk to Santa Clara Point
  • Pacific Beach Elementary School Rated A-

About This Home

As of August 2022

We present this excellent opportunity to own a three unit Mission Beach investment property! This residential complex consists of two 1-bedroom / 1-bath units & one 2-bedroom / 1-bath unit. Bottom unit features a private enclosed patio and property does include THREE covered off-street parking spaces. Ideally located just a 'stone's throw' from Mission Bay and short walk Across Mission Blvd. to the Pacific Ocean. In the heart of Mission Beach with walking access to the many shops, cafes and pubs. This property currently generates steady occupancy and rent with great upside potential, as well as, the opportunity of multi-unit re-development possibility. Units are separately metered with gas and electric. Add this property to your portfolio today!

Last Agent to Sell the Property

Justin Hoech

Shore Management Inc License #01926592 Listed on: 05/04/2022

Last Buyer's Agent

Ashley Swallow

Coldwell Banker Realty License #01913677

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 2,644 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 2,000 Sq Ft Home
  • 2-Story Property

Utilities

  • Gravity Heating System

Community Details

  • 3 Units
  • Mission Beach Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas/propane

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

2,644 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • Co List Office Mls Id: 67255
  • Subdivision Name: MISSION BEACH
  • Directions: Will need to park along Mission Blvd. Park & walk east on Ormond Ct. Meet in courtyard area for scheduled viewings.
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-11-05T20:03:21Z
  • AgeRestrictions: N/K
  • FullAddress: 825-27 Ormond CT
  • ShortSale: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Fencing: Partial
  • Roof: Other/Remarks
  • Construction Type: Wood

Utilities

  • Cooling: N/K
  • Heating: Wall/Gravity

Lot Info

  • Zoning: [R-4:MULTI
  • Lot Size Sq Ft: 2644.0

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 3
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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
09/17/2025 09/17/25 Off Market $2,000,000 -- --
08/24/2022 08/24/22 Sold $2,000,000 -4.8% $1,000 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $2,100,000 0.0% $1,050 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $2,100,000 0.0% $1,050 / Sq Ft
07/02/2022 07/02/22 Pending -- -- --
06/21/2022 06/21/22 Price Changed $2,100,000 +5.0% $1,050 / Sq Ft
06/21/2022 06/21/22 For Sale $2,000,000 0.0% $1,000 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $2,000,000 -- $1,000 / 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 $25,129 $2,080,800 $1,893,528 $187,272
2024 $25,129 $2,040,000 $1,856,400 $183,600
2023 $24,562 $2,000,000 $1,820,000 $180,000
2022 $1,795 $143,196 $68,116 $75,080
2021 $1,781 $140,389 $66,781 $73,608
2020 $1,758 $138,951 $66,097 $72,854
2019 $1,728 $136,227 $64,801 $71,426
2018 $1,618 $133,557 $63,531 $70,026
2017 $1,591 $130,939 $62,286 $68,653
2016 $1,565 $128,372 $61,065 $67,307
2015 $1,542 $126,444 $60,148 $66,296
2014 $1,513 $123,968 $58,970 $64,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: SDC0000388

San Diego MLS
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