NOT LISTED FOR SALE

Estimated Value: $3,462,000 - $3,874,008

9 Beds
6 Baths
4,347 Sq Ft
$832/Sq Ft Est. Value

Last Sold January 26, 2022

Last sale price $2,999,999 $690 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $22,911/month

7 Days on Market

Highlights

  • Ocean View
  • Property is Fully Fenced
  • 4-minute walk to Palisades Park
  • Pacific Beach Elementary School Rated A-
  • Level Lot

About This Home

As of January 2022

Views & 2 blocks from the beach! Investor's dream or opportunity to live in one house and rent the other. Unique 4 on 1 in North Pacific Beach just two blocks from the beach. Amazing views of the ocean, bay and Mt. Soledad from the 4th story roof top deck. Three total structures include a front house with 3 bedrooms/2 bathrooms, back house with 5 bedrooms/3 bathroom plus garage and garage conversion with 2 built out studios with kitchens. This property has 4 total units that can be rented out short term or long term. Great income potential and fantastic location. Don't miss this opportunity to own so close to the water. Do not disturb tenants or go on property without an appointment.

Last Agent to Sell the Property

Lisa Padilla

Ritual Realty License #01295891 Listed on: 12/16/2021

Last Buyer's Agent

Jim McInerney

eXp Realty of Southern California, Inc. License #01334502

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,392

Year Built

  • Built in 1992

Lot Details

  • 6,251 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot

Parking

  • Alley Access

Property Views

  • Ocean
  • Bay

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 4-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 415-461-07-00

Community Details

Overview

  • 3 Buildings
  • 4 Units
  • N. Pacific Beach Community

Building Details

  • Net Operating Income $191,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,392

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Mission & Bayard
  • Neighborhood: Highlands
  • LP / Sq Ft: 9.93
  • Stories: 4 Story
  • Sale Price List Price: 1.0
  • Total Stories: 4
  • Year Built: 1992
  • 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, Wood/Stucco
  • Fencing: Full
  • Roof: Composition
  • View: Bay, Ocean

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: N. Pacific Beach
  • Community: PACIFIC BEACH

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access
  • Topography: Level
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 415-461-07-00
  • Estimated Lot Sq Ft: 6251
  • Estimated Number of Acres: 0.14
  • Map Code Column: H
  • Map Code Page: 1247
  • Map Code Row: 5

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 191984
  • Annual Expense Actual: 110039
  • Gross Rent Multiplier Actual: 11.3
  • Gross Sched Income Actual: 265380
  • Number Of Buildings: 3
  • Number Of Furnished Units: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Jan 5, 2022
Sold by
Nicholas Pirrung
Bought by
Beryl Street Llc
Seller's Agent
Lisa Padilla
Ritual Realty
Buyer's Agent
Jim McInerney
eXp Realty of Southern California, Inc.
List Price
$2,999,999
Sold Price
$2,999,999
Current Estimated Value
$3,617,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$617,753
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,950,000
Outstanding Balance
$1,806,961
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$1,618,148

Purchase Details

Listed on
Mar 31, 2017
Closed on
Jul 10, 2017
Sold by
Pirrung Liberty Marie
Bought by
Pirrung Nicholas
Seller's Agent
Don Hawthorne
Shore Point Real Estate
Buyer's Agent
Logan Henry
Coldwell Banker Realty
List Price
$1,890,000
Sold Price
$1,872,000
Premium/Discount to List
-$18,000
-0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.95%

Purchase Details

Closed on
Apr 27, 2017
Sold by
Pavlick Gary A
Bought by
Pirrung Nicholas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,310,400
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2016
Sold by
Pavlick Rebecca M
Bought by
Pavlick Gary A

Purchase Details

Closed on
Sep 27, 1990
Bought by
Pavlick Gary A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Beryl Street Llc $3,000,000 First American Title
Pirrung Nicholas -- Chicago Title Company
Pirrung Nicholas $1,872,000 Chicago Title Company
Pavlick Gary A -- None Available
Pavlick Gary A $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beryl Street Llc $1,950,000
Previous Owner Pirrung Nicholas $1,310,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2022 01/26/22 Sold $2,999,999 0.0% $690 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $2,999,999 +60.3% $690 / Sq Ft
07/13/2017 07/13/17 Sold $1,872,000 -1.0% $477 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $1,890,000 -- $481 / 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 $38,392 $3,183,620 $2,801,586 $382,034
2024 $38,392 $3,121,197 $2,746,653 $374,544
2023 $37,546 $2,007,159 $1,501,081 $506,078
2022 $24,471 $2,007,159 $1,501,081 $506,078
2021 $24,303 $1,967,804 $1,471,649 $496,155
2020 $24,007 $1,947,628 $1,456,560 $491,068
2019 $23,579 $1,909,440 $1,428,000 $481,440
2018 $22,042 $1,872,000 $1,400,000 $472,000
2017 $80 $668,798 $388,531 $280,267
2016 $7,749 $655,685 $380,913 $274,772
2015 $7,635 $645,837 $375,192 $270,645
2014 $7,515 $633,187 $367,843 $265,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210033431

San Diego MLS

APN: 415-461-07