$2,775,000
SOLD NOV 26, 2024
4 Beds
4 Baths
2,773 Sq Ft
7,607 Sq Ft Lot

Recently Sold

$1,001 Per Sq Ft

16 Days on Market

Highlights

  • Ocean Front
  • Fireplace
  • Gentle Sloping Lot
  • Richard Henry Dana Middle School Rated A-
  • Partially Fenced Property
  • West of 5 Freeway

About This Home

As of November 2024

***Rare***Duplex In La Playa Point Loma***Walk to You Boat SDYC***Sit Down Rock Star Views***24/Nautical Panorama***1247 Sq Ft 2BR 2BA***1526 Sq Ft 2BR 2BA***Work Shop Has Potential To Be Converted Into An ADU For a Potential Of Three Separate Independent Revenue Streams***Live In One Rent Two Units***AirBNB***Travelling Nurses***$25,000 Mth Furnished Gross Revenue Potential***11X Gross Rents***Airport Downtown in Minutes Without Having To Get On A Freeway***Only The Second Time Since 1937 Property Has Been Available*** ***Rare***Duplex In La Playa Point Loma***Walk to You Boat SDYC***Sit Down Rock Star Views***24/Nautical Panorama***1247 Sq Ft 2BR 2BA***1526 Sq Ft 2BR 2BA***Work Shop Has Potential To Be Converted Into An ADU For a Potential Of Three Separate Independent Revenue Streams***Live In One Rent Two Units***AirBNB***Travelling Nurses***$25,000 Mth Furnished Gross Revenue Potential***11X Gross Rents***Airport Downtown in Minutes Without Having To Get On A Freeway***Only The Second Time Since 1937 Property Has Been Available***

Last Agent to Sell the Property

Robert Antoniadis

Robert Realty License #01727428 Listed on: 10/26/2024

Last Buyer's Agent

Robert Antoniadis

Robert Realty License #01727428 Listed on: 10/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,351

Year Built

  • Built in 1937

Lot Details

  • 7,607 Sq Ft Lot
  • Ocean Front
  • Property Fronts a Bay or Harbor
  • Partially Fenced Property
  • Gentle Sloping Lot

Parking

  • RV Potential

Property Views

  • Ocean
  • Bay
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace

Location

  • West of 5 Freeway

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 531-652-03-00

Community Details

Overview

  • 2 Units
  • Hartley Compound Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,351

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Talbot
  • Neighborhood: La Playa
  • Supplement: ***Rare***Duplex In La Playa Point Loma***Walk to You Boat SDYC***Sit Down Rock Star Views***24/Nautical Panorama***1247 Sq Ft 2BR 2BA***1526 Sq Ft 2BR 2BA***Work Shop Has Potential To Be Converted Into An ADU For a Potential Of Three Separate Independent Revenue Streams***Live In One Rent Two Units***AirBNB***Travelling Nurses***$25,000 Mth Furnished Gross Revenue Potential***11X Gross Rents***Airport Downtown in Minutes Without Having To Get On A Freeway***Only The Second Time Since 1937 Property Has Been Available***
  • LP / Sq Ft: 34.69
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1937
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Bay, Ocean/Bluff
  • Roof: Composition
  • View: Bay, City, Evening Lights, Mountains/Hills, Ocean, Panoramic, Panoramic Ocean

Garage/Parking

  • Parking for RV: Potential Space

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Combination Heating, Fireplace

Condo/Co-op/Association

  • Complex Name: Hartley Compound
  • Pets Allowed: Yes
  • Community: POINT LOMA
  • Manager Name: Robert
  • Manager Phone: 619 852 8827

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5
  • Topography: Slope Gentle
  • Water District: CITY OF SAN DIEGO
  • Zoning: Duplex
  • Assessor Parcel Number: 531-652-03-00
  • Estimated Lot Dimensions: 73x104
  • Estimated Lot Sq Ft: 7607
  • Estimated Number of Acres: 0.18

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 2
  • Annual Expense Projected: 40000
  • Gross Rent Multiplier Projected: 27.0
  • Gross Sched Income Projected: 100000
  • Number Of Buildings: 1
  • 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: 2
  • Number Of Units With Washers: 2
  • Other Income Projected: 30000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2024
Closed on
Nov 16, 2024
Sold by
Wilson Revocable Trust and Wilson Scott Bradley
Bought by
Magneson Kurt N
Seller's Agent
Robert Antoniadis
Robert Realty
Buyer's Agent
Robert Antoniadis
Robert Realty
List Price
$2,775,000
Sold Price
$2,775,000
Views
66
Current Estimated Value
$2,787,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,056
Avg. Annual Appreciation
0.63%
Original Mortgage
$900,000
Outstanding Balance
$893,134
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,893,574

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jun 25, 2024
Sold by
Hartley Exemption Trust and Gausewitz Ellen
Bought by
Wilson Revocable Trust and Wilson
Seller's Agent
Paul Hartley III
Paul Hartley Realty
Buyer's Agent
Paul Hartley
Paul Hartley Realty
List Price
$2,199,000
Sold Price
$2,568,600
Premium/Discount to List
$369,600
16.81%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.32%
Original Mortgage
$1,500,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2009
Sold by
Hartley Charlotte Marie and Hartley Paul J
Bought by
Hartley Charlotte Marie and Hartley Paul J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,775,000 Chicago Title
Grant Deed $2,569,000 Chicago Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $1,500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2024 11/26/24 Sold $2,775,000 0.0% $1,001 / Sq Ft
11/26/2024 11/26/24 Sold $2,775,000 0.0% $1,000 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/12/2024 11/12/24 Pending -- -- --
10/26/2024 10/26/24 For Sale $2,775,000 0.0% $1,001 / Sq Ft
10/25/2024 10/25/24 For Sale $2,775,000 +8.0% $1,000 / Sq Ft
08/05/2024 08/05/24 Sold $2,568,600 +16.8% $1,188 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $2,199,000 0.0% $1,017 / Sq Ft
04/07/2014 04/07/14 Rented $2,650 -3.6% --
04/07/2014 04/07/14 For Rent $2,750 -- --
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 $3,351 $2,775,000 $2,500,000 $275,000
2024 $3,351 $269,941 $176,650 $93,291
2023 $3,276 $264,649 $173,187 $91,462
2022 $3,189 $259,461 $169,792 $89,669
2021 $3,168 $254,374 $166,463 $87,911
2020 $3,130 $251,767 $164,757 $87,010
2019 $3,074 $246,831 $161,527 $85,304
2018 $2,875 $241,992 $158,360 $83,632
2017 $2,807 $237,248 $155,255 $81,993
2016 $2,761 $232,597 $152,211 $80,386
2015 $2,721 $229,104 $149,925 $79,179
2014 $2,679 $224,617 $146,989 $77,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240025444

San Diego MLS

APN: 531-652-03