Zoned R-3, this Multi-Unit property is just waiting for the right Developer to rejuvenate & rethink its potential & launch it into the new millennium. First time on the market in more than 50 years! Property currently features two living quarters: Unit #1 is a single story 3 Br /2 Ba detached home with just under 1,300sq.ft. and a 2-car detached garage. The upper unit is a 1 Br /1 Ba apartment at just under 500sq.ft. w/a 1-car carport off the alley. Both units share a laundry room & separate storage room. Feasibility Report Available. Lot Size: 6,250sq.ft. (50'x125'). Value is in the Land. Located just Four Blocks to Tourmaline Beach & Two Blocks to Pacific Beach Elementary. Walkability Score of 80. Check with the city and start your project. Preliminary research is not any form of final approval. Buyer is encouraged to check with the City and/or County to determine actual allowable development, including but not limited to Zoning, Building, Permits, etc.
Property Details
Property Features
Property Information:
Year Built: 1952
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (858) 668-2804
Listing Agent: Desiree Kates
Interior Features
Interior Information:
Appliances: Gas Water Heater
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Utilities
Utilities Information:
Cooling: None
Other
Directions Information:
Directions: Property is in between Cass & Dawes. Less than 1/2 mile East of Tourmaline Beach. CrossStreet: Cass & Dawes
Price Information
Listing Price Info
Price Summary:
List Price: $2,125,000
Tax Information:
Annual Amount: $1,263
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Diego, CA.
This property is $1.1M more than the Median Sold Price in San Diego, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #240024216SD
Listing Office:
Office Name: Keller Williams Realty
Office Phone: (858) 668-2804
Listing Agent: Desiree Kates
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,263
$101,061
2020
$1,263
$100,026
2019
$1,162
$98,066
2018
$1,162
$96,144
2017
$1,135
$94,260
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$10.6K
Per Month
Principal & Interest
$10.6K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,437
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Pacific Beach Elementary School
1234 Tourmaline St
Distance between this listing and this school0.19 miles
Public District Grades KG-5
8
/10
Bird Rock Elementary School
5371 La Jolla Hermosa Ave
Distance between this listing and this school0.65 miles
Public District Grades KG-5
8
/10
Sessions Elementary School
2150 Beryl St
Distance between this listing and this school1.22 miles
Public District Grades KG-5
Nearby Schools
8
/10
Pacific Beach Middle School
4676 Ingraham St
Distance between this listing and this school0.80 miles
Public District Grades 6-8
9
/10
Muirlands Middle School
1056 Nautilus St
Distance between this listing and this school1.89 miles
Public District Grades 6-8
6
/10
Marston Middle School
3799 Clairemont Dr
Distance between this listing and this school3.11 miles
Public District Grades 6-8
Nearby Schools
8
/10
Mission Bay High School
2475 Grand Ave
Distance between this listing and this school1.82 miles
Public District Grades 9-12
9
/10
La Jolla High School
750 Nautilus St
Distance between this listing and this school2.06 miles
Public District Grades 9-12
6
/10
Clairemont High School
4150 Ute Dr
Distance between this listing and this school2.91 miles
The neighbors living near this home have an average income of $78,623. Most San Diego, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1062 Tourmaline St
What is the listing price of this property?
The listing price of 1062 Tourmaline St property is $2,125,000.
What type of property is this?
The property 1062 Tourmaline St is a house located in San Diego, California, 92109.
Is this property for sale now?
Active Listing: 1062 Tourmaline St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,263 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 1062 Tourmaline St is 1952.
This home is located at 1062 Tourmaline St in San Diego, CA and zip code 92109 in the Pacific Beach neighborhood. This home, which was built in 1952, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $2,125,000.
While more than 236 listings in San Diego, CA in October 2024 were sold above asking price, there were more than 122 listings sold at asking price, and more than 395 were sold below. In October 2024 in San Diego, CA there were 7.2% more homes for sale than in September 2024. While the average time on the market in October 2024 was 26 days, the median list price was $947,861.
From Rocket Homes Real Estate and based on county public records data.