NOT LISTED FOR SALE

Estimated Value: $2,091,000 - $2,158,000

3 Beds
2 Baths
1,002 Sq Ft
$2,126/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $815,000 $813 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $13,063/month

7 Days on Market

Highlights

  • Property is Fully Fenced
  • Level Lot
  • 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 July 2014

Full 2400 sq ft lot located just two homes from the bay. Zoned for two units, has two electric meters but current back studio unit (843) may not have permits. Nice front house (841) has two full bedrooms and a study. 2-car garage with laundry, used exclusively by tenants in front house. Property is being sold in its As-Is condition. Duplex next door, 837-839 Jamaica Ct, also offered for sale. Unique opportunity to purchase two adjoining lots in Mission Beach!

Last Agent to Sell the Property

Jose Moraga

Allison James Estates & Homes License #00711211 Listed on: 05/23/2014

Allison James Estates & Homes

Last Buyer's Agent

Marc Cicchetto

TSG Premier Realty License #01140538

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,592

Year Built

  • Built in 1936

Lot Details

  • 2,400 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Stucco Exterior

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 electricity, gas/propane, hot water
  • Assessor Parcel Number 423-671-10-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $5,630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,592

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission Blvd
  • Neighborhood: Mission Beach Bayside
  • LP / Sq Ft: 41.41
  • Stories: 1 Story
  • Sale Price List Price: 1.03
  • Total Stories: 1
  • Year Built: 1936
  • 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: Full
  • 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

  • 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, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 423-671-10-00
  • Land Use Code: 2
  • 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: Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 5630
  • Annual Expense Actual: 8770
  • Annual Expense Projected: 14400
  • Gross Rent Multiplier Actual: 55.0
  • Gross Rent Multiplier Projected: 23.66
  • Gross Sched Income Actual: 14400
  • Gross Sched Income Projected: 33600
  • Number Of Buildings: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 1
  • Number Of Units With Washers: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2019
Sold by
Newman Paul D and Newman Janet W
Bought by
Pjn Properties Sr Lc
Current Estimated Value
$2,129,914
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
Pjn Properties Sr Lc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $815,000 +2.5% $813 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $795,000 -- $793 / 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 $20,592 $1,706,740 $1,251,610 $455,130
2024 $20,592 $1,673,275 $1,227,069 $446,206
2023 $20,139 $1,640,466 $1,203,009 $437,457
2022 $19,603 $1,608,301 $1,179,421 $428,880
2021 $19,468 $1,576,767 $1,156,296 $420,471
2020 $19,231 $1,560,600 $1,144,440 $416,160
2019 $18,888 $1,530,000 $1,122,000 $408,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140027552

San Diego MLS

APN: 423-671-36-03