NOT LISTED FOR SALE

Estimated Value: $1,554,967 - $1,927,000

5 Beds
4 Baths
2,407 Sq Ft
$704/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $1,575,000 $654 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $10,766/month

37 Days on Market

Highlights

  • Ocean View
  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced
  • Richard Henry Dana Middle School Rated A-
  • Corner Lot
  • West of 5 Freeway

About This Home

As of March 2024

The Price You Have Been Waiting For***Location*Location*Location***La Playa***Point Loma***One Block To San Diego Yacht Club***San Diego Bay *Kellogg Beach*Bessemer Foot Path One Black Away***Walk To Your Boat At San Diego Yacht Club***Tremendous AIRBNB /VRBO Potential $20,000 MTH / $200,000+ YR***Live In One* Rent Two Short Term***Rent All Three Short Term***Rent All Three Long Term***Three Separate Attached Living Structures (2943 Talbot 2BR 1BA 674 Sq Ft $2500 Mth***995 Rosecrans 3BR/2BA 1368 Sq Ft $3150 Mth***993 Rosecrans Studio 365 Sq Ft unpermitted $1400 Mth***Total***6BR/4BA * 2407 Sq Ft On A 5,036 Flat Level Usable Corner Lot With 135 Feet Of Frontage A Block To The Bay***Currently Generating $7,050 MTH / $84,600 YR +$5000 Laundry=$89,600 With Long Term Tenants Who Are Currently Month To Month***Shelter Island*Old Venice*Post Office*All The Quaint Shops & Restaurants In Point Loma Village By Foot***Airport Downtown $12 UBER Without Having To Get On A Freeway***Listed Less Than Appraised Value***Lowest Priced 2-4 Units In Pt Loma Today***So Much Potential For Additional Development*** The Price You Have Been Waiting For***Location*Location*Location***La Playa***Point Loma***One Block To San Diego Yacht Club***San Diego Bay *Kellogg Beach*Bessemer Foot Path One Black Away***Walk To Your Boat At San Diego Yacht Club***Tremendous AIRBNB /VRBO Potential $20,000 MTH / $200,000+ YR***Live In One* Rent Two Short Term***Rent All Three Short Term***Rent All Three Long Term***Three Separate Attached Living Structures (2943 Talbot 2BR 1BA 674 Sq Ft $2500 Mth***995 Rosecrans 3BR/2BA 1368 Sq Ft $3150 Mth***993 Rosecrans Studio 365 Sq Ft unpermitted $1400 Mth***Total***6BR/4BA * 2407 Sq Ft On A 5,036 Flat Level Usable Corner Lot With 135 Feet Of Frontage A Block To The Bay***Currently Generating $7,050 MTH / $84,600 YR +$5000 Laundry=$89,600 With Long Term Tenants Who Are Currently Month To Month***Shelter Island*Old Venice*Post Office*All The Quaint Shops & Restaurants In Point Loma Village By Foot***Airport Downtown $12 UBER Without Having To Get On A Freeway***Listed Less Than Appraised Value***Lowest Priced 2-4 Units In Pt Loma Today***So Much Potential For Additional Development***

Last Agent to Sell the Property

Robert Antoniadis

Robert Realty License #01727428 Listed on: 01/18/2024

Last Buyer's Agent

Brian Jackel

Michael Stowers License #01858355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,831

Year Built

  • Built in 2000

Lot Details

  • 5,036 Sq Ft Lot
  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System

Parking

  • RV Potential

Property Views

  • Ocean
  • Bay
  • City Lights

Home Design

  • Split Level Home
  • Composition Roof
  • Stucco Exterior

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 sewer, trash, water, electricity, hot water
  • Assessor Parcel Number 531-702-01-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Casa La Playa Community

Recreation

  • Recreational Area

Pet Policy

  • Breed Restrictions

Building Details

  • Net Operating Income $65,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,831

Year Built

Built in 2000

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: The Price You Have Been Waiting For***Location*Location*Location***La Playa***Point Loma***One Block To San Diego Yacht Club***San Diego Bay *Kellogg Beach*Bessemer Foot Path One Black Away***Walk To Your Boat At San Diego Yacht Club***Tremendous AIRBNB /VRBO Potential $20,000 MTH / $200,000+ YR***Live In One* Rent Two Short Term***Rent All Three Short Term***Rent All Three Long Term***Three Separate Attached Living Structures (2943 Talbot 2BR 1BA 674 Sq Ft $2500 Mth***995 Rosecrans 3BR/2BA 1368 Sq Ft $3150 Mth***993 Rosecrans Studio 365 Sq Ft unpermitted $1400 Mth***Total***6BR/4BA * 2407 Sq Ft On A 5,036 Flat Level Usable Corner Lot With 135 Feet Of Frontage A Block To The Bay***Currently Generating $7,050 MTH / $84,600 YR +$5000 Laundry=$89,600 With Long Term Tenants Who Are Currently Month To Month***Shelter Island*Old Venice*Post Office*All The Quaint Shops & Restaurants In Point Loma Village By Foot***Airport Downtown $12 UBER Without Having To Get On A Freeway***Listed Less Than Appraised Value***Lowest Priced 2-4 Units In Pt Loma Today***So Much Potential For Additional Development***
  • LP / Sq Ft: 22.79
  • Stories: Split Level
  • Sale Price List Price: 0.99
  • Year Built: 2000
  • 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: 2
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Frontage: Bay
  • Roof: Composition
  • View: Bay, City, Evening Lights, Ocean

Garage/Parking

  • Parking for RV: Potential Space

Utilities

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

Condo/Co-op/Association

  • Complex Name: Casa La Playa
  • Pets Allowed: Allowed w/Restrictions
  • Community: POINT LOMA
  • Complex Features: Recreation Area
  • Manager Name: Robert
  • Manager Phone: 619 852 8827

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot, Curbs, Public Street, Sidewalks, West of I-5
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 531-702-01-00
  • Estimated Lot Dimensions: 98x51
  • Estimated Lot Sq Ft: 5036
  • Estimated Number of Acres: 0.1156

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Electricity, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 65000
  • Annual Expense Actual: 20000
  • Annual Expense Projected: 25000
  • Gross Rent Multiplier Actual: 21.0
  • Gross Rent Multiplier Projected: 18.0
  • Gross Sched Income Actual: 8400
  • Gross Sched Income Projected: 7450
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Other Income Actual: 5000
  • Other Income Projected: 6000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 5, 2024
Sold by
Eggert Family Trust
Bought by
Jacket Brian I and Jacket Carri M
Seller's Agent
Robert Antoniadis
Robert Realty
Buyer's Agent
Brian Jackel
Michael Stowers
List Price
$1,595,000
Sold Price
$1,575,000
Premium/Discount to List
-$20,000
-1.25%
Views
441
Current Estimated Value
$1,679,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,756
Avg. Annual Appreciation
3.82%
Original Mortgage
$981,500
Outstanding Balance
$967,447
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$689,964

Purchase Details

Closed on
Apr 7, 2023
Sold by
2719 Properties Lp
Bought by
Eggert Family Trust

Purchase Details

Closed on
Aug 11, 2021
Sold by
Eggert Thomas Alan
Bought by
2719 Properties Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$951,925
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 8, 2016
Closed on
Apr 19, 2016
Sold by
Da Silva Manuel A and Da Silva Jose T
Bought by
2719 Properties Lp
Seller's Agent
Robert Antoniadis
Robert Realty
Buyer's Agent
Robert Antoniadis
Robert Realty
List Price
$995,000
Sold Price
$830,000
Premium/Discount to List
-$165,000
-16.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Feb 20, 1997
Sold by
Sophia Silva
Bought by
Dasilva Sophia
Source: Public Records

Range of Values:

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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
Jacket Brian I $1,575,000 Chicago Title
Eggert Family Trust -- Accommodation/Courtesy Recordi
2719 Properties Lp -- Accommodation
Eggert Thomas Alan -- Wfg National Title Co Of Ca
Eggert Thomas Alan -- Wfg Title Co Of Ca San Diego
2719 Properties Lp $830,000 Chicago Title Company
Dasilva Sophia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacket Brian I $981,500
Previous Owner Eggert Thomas Alan $951,925
Previous Owner 2719 Properties Lp $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $1,575,000 -1.3% $654 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $1,595,000 0.0% $663 / Sq Ft
10/05/2022 10/05/22 Rented $1,400 0.0% --
10/04/2022 10/04/22 For Rent $1,400 -56.3% --
04/19/2021 04/19/21 Rented $3,200 0.0% --
04/01/2021 04/01/21 For Rent $3,200 +204.8% --
11/04/2017 11/04/17 Rented $1,050 0.0% --
11/02/2017 11/02/17 Price Changed $1,050 -16.0% $3 / Sq Ft
10/28/2017 10/28/17 For Rent $1,250 0.0% --
04/29/2016 04/29/16 Sold $830,000 -16.6% $576 / Sq Ft
04/13/2016 04/13/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $995,000 -- $691 / 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 $18,831 $1,606,500 $1,275,000 $331,500
2024 $18,831 $1,530,000 $1,224,000 $306,000
2023 $11,604 $944,394 $796,478 $147,916
2022 $11,295 $925,877 $780,861 $145,016
2021 $11,218 $907,723 $765,550 $142,173
2020 $11,082 $898,417 $757,701 $140,716
2019 $10,885 $880,802 $742,845 $137,957
2018 $10,176 $863,532 $728,280 $135,252
2017 $9,934 $846,600 $714,000 $132,600
2016 $1,210 $107,492 $47,598 $59,894
2015 $1,191 $105,879 $46,884 $58,995
2014 $1,172 $103,806 $45,966 $57,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240001322

San Diego MLS

APN: 531-702-01