NOT LISTED FOR SALE

Estimated Value: $1,412,000 - $2,680,000

5 Beds
4 Baths
2,407 Sq Ft
$767/Sq Ft Est. Value

Sale Details

Date Sold: March 28, 2024

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

Est. 17% increase in value since last sale

Current estimated payment $11,867 / mo

37 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • West of 5 Freeway
  • Property Fronts a Bay or Harbor
  • Property is Fully Fenced

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

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

  • Pets Allowed with Restrictions

Building Details

  • Net Operating Income $65,000

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

5,036 Sq Ft Lot

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
  • Gross Rent Multiplier Actual: 21.0
  • Gross Rent Multiplier Projected: 18.0
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 5, 2024
Sold by
Bought by
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
$1,845,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,701
Avg. Annual Appreciation
6.98%
Original Mortgage
$981,500
Outstanding Balance
$956,045
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$889,656

Purchase Details

Closed on
Apr 7, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2021
Sold by
Bought by

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

Closed on
Apr 19, 2016
Sold by
Bought by

Purchase Details

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in La Playa, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,575,000 Chicago Title
-- Accommodation/Courtesy Recordi
-- Wfg Title Co Of Ca San Diego
-- Wfg National Title Co Of Ca
-- Accommodation
$830,000 Chicago Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $981,500
Previous Owner $951,925
Previous Owner $600,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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
04/19/2021 04/19/21 Rented $3,200 0.0% --
04/01/2021 04/01/21 For Rent $3,200 -- --
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $20,660 $1,638,630 $1,300,500 $338,130
2025 $20,660 $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

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Map

Source: San Diego MLS

MLS Number: 240001322

San Diego MLS

APN: 531-702-01

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