Seller's Agent in 2022
Allen Chitayat
CBRE
(619) 548-2334
3 in this area
15 Total Sales
Pleased to present an extremely rare waterfront fourplex in San Diego County. This opportunity allows an investor to acquire a rare trophy asset that can provide day 1 cashflow as a short-term rental, an amazing live-in scenario with attractive residential financing, and allows a investor to acquire a property with future development potential. The property is forecasted to achieve north of a 6.21% cap rate as a short-term rental operation post renovation. RT-CZ zoning on this 9750 Sqft beach parcel allows for short-term rental operations as well as future development opportunity with significant additional square footage and up to 10 dwelling units. Building to be delivered vacant to next owner for maximum flexibility
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $6,175,000 | -5.0% | $2,085 / Sq Ft |
| 03/12/2022 03/12/22 | Pending | -- | -- | -- |
| 01/25/2022 01/25/22 | Price Changed | $6,499,000 | 0.0% | $2,195 / Sq Ft |
| 01/25/2022 01/25/22 | For Sale | $6,500,000 | +5.3% | $2,195 / Sq Ft |
| 01/21/2022 01/21/22 | Off Market | $6,175,000 | -- | -- |
| 09/09/2021 09/09/21 | For Sale | $6,500,000 | -- | $2,195 / Sq Ft |
| 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 | $71,932 | $6,552,958 | $6,086,027 | $466,931 |
| 2024 | $71,932 | $6,424,470 | $5,966,694 | $457,776 |
| 2023 | $69,719 | $6,298,500 | $5,849,700 | $448,800 |
| 2022 | $42,842 | $3,849,480 | $3,329,280 | $520,200 |
| 2021 | $1,940 | $169,425 | $156,218 | $13,207 |
| 2020 | $1,882 | $167,689 | $154,617 | $13,072 |
| 2019 | $1,828 | $164,402 | $151,586 | $12,816 |
| 2018 | $1,807 | $161,179 | $148,614 | $12,565 |
| 2017 | $70 | $158,019 | $145,700 | $12,319 |
| 2016 | $1,712 | $154,922 | $142,844 | $12,078 |
| 2015 | $1,663 | $152,596 | $140,699 | $11,897 |
| 2014 | $1,602 | $149,607 | $137,943 | $11,664 |
Seller's Agent in 2022
Allen Chitayat
CBRE
(619) 548-2334
3 in this area
15 Total Sales
Source: San Diego MLS
MLS Number: 210025693
APN: 150-355-07-00
Ask me questions while you tour the home.