$1,550,000 Price Analysis   ♡   San Diego, CA 92107 4 bed 3 bath 2,052 SqFt ($755/SqFt) 3,129SqFt lot. Built 1957 Listed 2024-05-02, Taxes $6,375 | Ⓧ USDA Ineligible due to price & location near San Diego |
Exceptional Opportunity: This property features 3 units nestled in the charming locale of Ocean Beach.
* Sale Pending *With a Long-Term Rental Market Cap Rate of 4% and a GRM of 16.9, a Medium-Term Rental Cap Rate of 5.3% and a GRM of 12.5 and a Short-Term Rental Cap Rate of 7.3% and GRM of 9.6, this versatile investment presents multiple avenues for profit. Whether you choose to capitalize on stable long-term rents or maximize returns through mid-term or short-term rentals, the choice is yours. Noteworthy features include breathtaking views from the upstairs unit, making it ideal for investors seeking a turnkey property or owner-occupiers interested in house hacking opportunities. Don't miss out on this lucrative investment opportunity!
OM attached in MLS documents section
Presented by Twana Rasoul at
COMPASS.
Property MLS #240009569 from SanDiegoMLS
Full Bathrooms: 3
Lot Size Acres: 0.071832
Lot Size Square Feet: 3129
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Square Feet: 500
Unit-2 Square Feet: 500
Unit-3 Square Feet: 1052
Unit 2 Total Actual Rent: 1595.0
County: San Diego
Cross Street: W Point Loma Blvd
Source Property Type: 2-4 UNITS
Area: Coastal South
Source Neighborhood: Ocean Beach
Parcel Number: 449-861-14-00
Subdivision: OCEAN BEACH
Property Subtype: Res Income 2-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $123,137 + $394,053 $517,190 | $6,375 |
| 2022 | $120,723 + $386,327 $507,050 | $6,205 |
| 2021 | $118,356 + $378,752 $497,108 | $6,163 |
| 2020 | $117,143 + $374,869 $492,012 | $6,088 |
| 2019 | $114,847 + $367,519 $482,366 | $5,980 |
| 2018 | $112,596 + $360,313 $472,909 | $5,591 |
| 2017 | $110,389 + $353,249 $463,638 | $5,458 |
| 2016 | $108,225 + $346,323 $454,548 | $5,370 |
| 2015 | $106,600 + $341,121 $447,721 | $5,291 |
| 2014 | $104,512 + $334,439 $438,951 | $5,209 |
| 2013 | $104,040 + $332,928 $436,968 | $5,119 |
| 2012 | $102,000 + $326,400 $428,400 | $4,717 |
| 2010 | $210,000 + $420,000 $630,000 | $6,973 |
| 2009 | $258,539 + $520,200 $778,739 | $8,615 |
| 2009 | $210,000 + $420,000 $630,000 | $8,615 |
| 2008 | $253,470 + $510,000 $763,470 | $8,312 |
| 2007 | $212,881 + $478,983 $691,864 | $7,631 |
$1,550,000
SanDiegoMLS
Listing removed 2015-01-01
$850,000
SanDiegoMLS
Price Changed 2014-08-11
$850,000
SanDiegoMLS
Listed 2014-08-01
$875,000
SanDiegoMLS
Listing removed 2012-11-16
$675,000
SanDiegoMLS
Relisted 2012-10-12
$675,000
SanDiegoMLS
Listing removed 2012-09-26
$745,000
SanDiegoMLS
Listed 2012-08-01
$745,000
SanDiegoMLS
Sold 2011-06-17
$420,000
SanDiegoMLS
Price Changed 2011-03-21
$459,900
SanDiegoMLS
Price Changed 2011-02-24
$474,900
SanDiegoMLS
Listed 2011-01-12
$491,900
SanDiegoMLS
Sold 2007-05-03
$748,500
Public Record
Sold 2004-10-28
$665,000
Public Record
Sold 2000-06-05
$260,000
Public Record
Sold 1994-07-26
$180,000
Public Record
Sold 1987-11-20
$169,000
Public Record
Sold 1986-12-23
$137,500
Public Record
Year Built: 1957
Building Exterior Type: Stucco
Entry Location: No
Levels: 2 Story
Property Age: 67
Roof: Composition
Levels or Stories: 2
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.