Welcome to this refurbished three unit investment property near down town San Diego. All three units have new wood laminate flooring, new appliances, new granite counters, and paint. Unit mix consists of a top unit that is a 3 bedroom, 1 bathroom (est 995 sqft). There is a 1 bedroom, 1 bathroom (est 460 sqft) and a 2 bedroom, 1 bathroom (est 651 sqft) on the first floor. All units are separately metered. Current rents are well below market rates.The property offers excellent potential for long-term growth, with the opportunity to increase value by adjusting rents to market rates. The pro forma cap rate with these adjustments is estimated to be in the 7-8% range, making this an attractive investment opportunity.
Property Details
Property Features
Property Information:
Year Built: 1913
Stories: 2
Listing Office:
Office Name: Hallway Realty
Office Phone: (951) 553-0315
Listing Agent: Donny Hall
Interior Features
Interior Information:
Appliances: Disposal, Gas Range
Flooring Type: Laminate
Fireplace: None
Exterior Features
Exterior Information:
Private Pool: No
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: None
Other
Directions Information:
Directions: I-5 South to 805 South to Ocean View Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $999,000
Tax Information:
Annual Amount: $5,118
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in San Diego, CA.
This property is $51.1K 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: #SW24166114
Listing Office:
Office Name: Hallway Realty
Office Phone: (951) 553-0315
Listing Agent: Donny Hall
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: 11/21/2024, 8:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Oct 30, 2009
Oct 30, 2009Home Sold
$350,000
Aug 18, 2008
Aug 18, 2008Home Sold
$60,000
Jul 27, 2006
Jul 27, 2006Home Sold
$520,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,118
$417,371
2020
$5,118
$413,092
2019
$4,700
$404,993
2018
$4,701
$397,053
2017
$4,589
$389,269
History based on county public records data.
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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
4
/10
Baker Elementary School
4041 T St
Distance between this listing and this school0.25 miles
Public District Grades KG-5
4
/10
Emerson Elementary School
3510 Newton Ave
Distance between this listing and this school0.58 miles
Public District Grades KG-5
4
/10
Chavez Elementary School
1404 S 40th St
Distance between this listing and this school0.66 miles
Public District Grades KG-5
Nearby Schools
4
/10
Knox Middle School
1098 S 49th St
Distance between this listing and this school1.27 miles
Public District Grades 6-8
3
/10
King-Chavez Preparatory Academy
500 30th St
Distance between this listing and this school1.34 miles
Public Charter Grades 6-8
6
/10
Golden Hill K-8 School
1240 33rd St
Distance between this listing and this school1.41 miles
Public District Grades KG-8
Nearby Schools
3
/10
America's Finest Charter
730 45th St
Distance between this listing and this school1.08 miles
Public Charter Grades KG-12
4
/10
Lincoln High School
4777 Imperial Ave
Distance between this listing and this school1.23 miles
Public District Grades 9-12
4
/10
Gompers Preparatory Academy
1005 47th St
Distance between this listing and this school1.51 miles
The neighbors living near this home have an average income of $38,425. Typical income of San Diego, CA residents is between $35k-100k annually. Residents typically live in married, with kids family. Residents of this area typically have high school diploma education.
This home is located at 3895 Ocean View Blvd in San Diego, CA and zip code 92113 in the Mountain View neighborhood. This home, which was built in 1913, sits on a 0.09 acre lot. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $999,000.
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. The number of listings in San Diego, CA increased by 7.2% between September 2024 and October 2024. In October 2024, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $947,861.
From Rocket Homes Real Estate and based on county public records data.