NOT LISTED FOR SALE

Estimated Value: $1,475,391 - $1,862,000

2 Beds
2 Baths
840 Sq Ft
$2,001/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $690,000 $821 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $10,257/month

27 Days on Market

Highlights

  • Level Lot
  • Wood Siding
  • 1-Story Property
  • Pacific Beach Elementary School Rated A-
  • West of 5 Freeway
  • 2-minute walk to Mission Beach Pocket Park

About This Home

As of November 2013

Charming but older duplex Steps to Sail Bay or Ocean on a terrific bayside court. 30x80 lot - priced just for that so can build your luxury home or pair deluxe condos. Or, Buyer has place for their college student plus a rental or perhaps a second home at the beach. Parking for 3 cars so could be great vacation rental. Walking distance to parks, yacht club, shops and dining. Not many of these properties left and at this price.

Last Agent to Sell the Property

Don Hawthorne

Shore Point Real Estate License #00523473 Listed on: 08/31/2013

Co-Listed By

Greg Flaherty

Penny Realty License #01073434

Last Buyer's Agent

Marc Cicchetto

TSG Premier Realty License #01140538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,017

Year Built

  • Built in 1926

Lot Details

  • 2,400 Sq Ft Lot
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

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
  • Cable TV Available

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 423-671-08-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $21,294

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,017

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Bayside Ln
  • Neighborhood: No. Mission
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1926
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • School District Old: San Diego Unified
  • Walk Score Desc: Somewhat Walkable
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: MISSION BEACH
  • Manager Name: Penny Realty
  • Manager Phone: 858-272-3900

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, Street Paved, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: RN1
  • Assessor Parcel Number: 423-671-08-00
  • Land Use Code: SFR
  • Estimated Lot Dimensions: 30X80
  • Estimated Lot Sq Ft: 2400
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Map Code Column: J
  • Map Code Page: 1267
  • Map Code Row: 2

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 21294
  • Annual Expense Actual: 2106
  • Gross Rent Multiplier Actual: 29.0
  • Gross Sched Income Actual: 23400
  • Gross Sched Income Projected: 25200
  • Number Of Buildings: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Tax Info

  • Assessor Parcel Number: 833-835Jamaica92109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
Jamaicarmon Llc
Bought by
Chen Zhuo and Wu Qian
Current Estimated Value
$1,681,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$714,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2016
Sold by
Frontis Bill C and Frontis Carol A
Bought by
Jamaicamon Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,295,000
Interest Rate
3.58%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 31, 2013
Closed on
Oct 8, 2013
Sold by
Williams Joan M and The Darby Living Trust
Bought by
Frontis Bill C and Frontis Carol A
Seller's Agent
Don Hawthorne
Shore Point Real Estate
Buyer's Agent
Marc Cicchetto
TSG Premier Realty
List Price
$719,000
Sold Price
$690,000
Premium/Discount to List
-$29,000
-4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$552,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chen Zhuo $1,020,000 Chicago Title Company
Jamaicamon Llc -- Chicago Title Company
Frontis Bill C $690,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Zhuo $680,000
Closed Chen Zhuo $714,000
Previous Owner Jamaicamon Llc $1,725,000
Previous Owner Jamaicamon Llc $1,295,000
Previous Owner Frontis Bill C $552,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2013 11/22/13 Sold $690,000 -4.0% $821 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $719,000 -- $856 / 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 $14,017 $1,160,581 $830,614 $329,967
2024 $14,017 $1,137,826 $814,328 $323,498
2023 $13,708 $1,115,516 $798,361 $317,155
2022 $13,343 $1,093,644 $782,707 $310,937
2021 $13,251 $1,072,201 $767,360 $304,841
2020 $13,089 $1,061,208 $759,492 $301,716
2019 $12,856 $1,040,400 $744,600 $295,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130046779

San Diego MLS

APN: 423-671-08-01