$2,495,000
PENDING $500K PRICE DROP

Estimated payment $14,368/month

Total Views 17,100
8 Beds
6 Baths
3,558 Sq Ft
$701 Price per Sq Ft

Highlights

  • Park or Greenbelt View
  • 1-Story Property
  • 1-minute walk to Ebers Street Park and Playground
  • Ocean Beach Elementary School Rated A

About This Home

Big Price Drop!!! Seller bought another property. Your gain. Move fast. Rare coastal opportunity. Live in one and occupy others - stunning historic Beach Cottage (mills act approved with lower property taxes) and 2 large spacious units. 25% down Interest only loan avail 6.625% bank stated loan. rate today 6.20 - Only 4 blocks from the surf and sand. A blend of comfort, character, and coastal charm. 8 Parking spots!! In the heart of Ocean Beach, just 2 blocks away from everything a beach town has to offer. Also, one of San Diegos only dog beaches.

Listing Agent

Anna Marie Barnard

Sand & Sea Realty, Inc. License #01087778 Listed on: 05/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 2021

Home Design

  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Park or Greenbelt Views

Additional Features

  • Sprinkler System
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 448-512-02-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Ebers Cottages Community

Building Details

  • Net Operating Income $124,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,070

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Santa Monica Ave
  • Neighborhood: Ocean Beach
  • Stories: 1 Story
  • Total Stories: 1
  • Year Built: 2021
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 4
  • Prkng Non Garage Spac U2: 2
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • View: Parklike

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Ebers Cottages
  • Community: OCEAN BEACH
  • Manager Name: Sand & Sea Realty
  • Manager Phone: 619-840-6683

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 448-512-02-00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 124850
  • Annual Expense Actual: 35950
  • Gross Rent Multiplier Actual: 18.62
  • Gross Sched Income Actual: 160800
  • Gross Sched Income Projected: 181200
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 1
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 1
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 1
  • Other Income Actual: 1261

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $7,070 $571,116 $342,670 $228,446
2023 $7,596 $631,735 $379,041 $252,694
2022 $7,734 $631,735 $379,041 $252,694
2021 $7,588 $611,792 $367,075 $244,717
2020 $7,328 $591,861 $355,117 $236,744
2019 $6,849 $551,881 $331,128 $220,753
2018 $7,090 $599,466 $359,680 $239,786
2017 $7,873 $669,186 $368,052 $301,134
2016 $7,438 $630,030 $346,516 $283,514
2015 $7,491 $634,369 $348,902 $285,467
2014 $4,314 $362,331 $199,282 $163,049
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $2,495,000 -10.7% $701 / Sq Ft
06/11/2025 06/11/25 Price Changed $2,795,000 -5.3% $786 / Sq Ft
05/31/2025 05/31/25 Price Changed $2,950,000 -1.5% $829 / Sq Ft
05/04/2025 05/04/25 For Sale $2,995,000 0.0% $842 / Sq Ft
12/09/2024 12/09/24 Rented $6,000 +0.1% --
11/19/2024 11/19/24 Price Changed $5,995 +13.2% $4 / Sq Ft
10/29/2024 10/29/24 For Rent $5,295 0.0% --
01/09/2014 01/09/14 Sold $1,050,000 -4.5% $323 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
10/29/2013 10/29/13 For Sale $1,100,000 -- $338 / Sq Ft
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,050,000 Fidelity National Title
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- Southland Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $819,376 VA
Closed $891,937 VA
Closed $920,584 VA
Previous Owner $485,000 New Conventional
Source: Public Records

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Source: San Diego MLS

MLS Number: 250025649

San Diego MLS

APN: 448-512-02