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Sold for $2,450,000
  • $2,450,000

    2938 Beech St, San Diego, CA 92102

    7beds
    --sqft
    Multi Family
    Built in 2023
    -- sqft lot
    $2,375,600 Zestimate®
    $--/sqft
    $4,451 Estimated rent

    Home value

    $2,375,600

    $2.21M - $2.57M

    $4,451/mo

    Zestimate® history
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    What's special

    Located on the corner of Beech & Dale St in the heart of the highly coveted South Park neighborhood, this turn key asset sits caddy corner to Harland Brewing tasting room, 1 block from restaurants including Buona Forchetta, 1 block from Albert Einstein Charter Academy and a couple blocks to Balboa Park. Finished a full scale renovation last year on the existing duplex with designer finishes while preserving the character from this early 1900's gem. Renovation included replacing all the plumbing an electrical. Additionally, current ownership just completed ground up construction on a new 722 SF detached 2-BD ADU and is awaiting installation of solar panels to pass final inspection (expected in September). Rent for the ADU is anticipated to be $4,000/mo. Live in one and rent the other two units or own as a pure investment property in a strong rental demand market. Could also serve as an excellent short-term rental. The tenants of the 3 BD unit are interested in moving into the ADU so this unit could be available to live in. Each unit in the duplex have their own private decks and fenced in yards. The operating costs are very low given the property condition and all utilities are covered by tenants. Not to mention 8-panel solar on the ADU which minimizes its electric costs. 3-BD 1,530 SF duplex unit leased at $5,000/mo. 2-BD 1,286 duplex unit leased at $4,300/mo. 2 off street parking spots.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robby Perkins DRE #01738376 858-437-2976,

    Westview Real Estate

    Bought with:

    Brian Gafford, DRE #01146771

    Pacific Southwest Brokers

    Source: SDMLS,MLS#: 230015631MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Cooling
    • Other/Remarks
    Interior area
    • Total structure area: 3,538

    Property

    Features
    • Levels: 2 Story
    • Fencing: Full
    Lot
    • Size: 5,227 Square Feet
    Details
    • Parcel number: 5393540700
    • Zoning: R-2:MINOR
    • Zoning description: R-2:MINOR

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood/Stucco
    • Roof: Rolled/Hot Mop
    Condition
    • Year built: 2023

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: SAN DIEGO
    Location
    • Region: San Diego

    Financial & listing details

    • Tax assessed value: $2,499,000
    • Annual tax amount: $31,833
    • Date on market: 8/11/2023
    • Listing terms: Cash,Conventional
    • Tenant pays: Sewer, Trash, Water, Electricity, Gas/Propane, Hot Water

    Price history

    DateEventPrice
    1/12/2024Listing removed--
    Source: Zillow Rentals Report a problem
    1/5/2024Listed for rent$4,495-3.9%
    Source: Zillow Rentals Report a problem
    12/22/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/15/2023Price change$4,675-1.6%
    Source: Zillow Rentals Report a problem
    11/29/2023Price change$4,750-4%
    Source: Zillow Rentals Report a problem
    11/15/2023Price change$4,950-0.9%
    Source: Zillow Rentals Report a problem
    11/3/2023Listed for rent$4,995
    Source: Zillow Rentals Report a problem
    9/15/2023Sold$2,450,000-2%
    Source: SDMLS #230015631 Report a problem
    9/8/2023Pending sale$2,500,000
    Source: SDMLS #230015631 Report a problem
    8/11/2023Listed for sale$2,500,000+125.2%
    Source: SDMLS #230015631 Report a problem
    11/3/2022Listing removed--
    Source: Zillow Rental Network Premium_1 Report a problem
    10/21/2022Listed for rent$4,995
    Source: Zillow Rental Network Premium_1 Report a problem
    9/16/2021Sold$1,110,000-3.5%
    Source: SDMLS #210020914 Report a problem
    8/7/2021Pending sale$1,150,000
    Source: SDMLS #210020914 Report a problem
    7/29/2021Listed for sale$1,150,000+463.7%
    Source: SDMLS #210020914 Report a problem
    3/30/1994Sold$204,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,833 +5.7%$2,499,000 +2%
    2024$30,129 +116.7%$2,450,000 +116.4%
    2023$13,905 +2.7%$1,132,200 +2%
    2022$13,535 +240.1%$1,110,000 +246.5%
    2021$3,980 +1.2%$320,311 +1%
    2020$3,932 +2.7%$317,028 +2%
    2019$3,829 +6%$310,812 +2%
    2018$3,612 +2.4%$304,718 +2%
    2017$3,526 +1.6%$298,744 +2%
    2016$3,469 +1.5%$292,887 +1.5%
    2015$3,418 +4.1%$288,488 +2%
    2014$3,283 $282,837 +0.5%
    2013-- $281,560 +2%
    2012-- $276,040 +2%
    2011-- $270,628 +0.8%
    2010-- $268,606 -0.2%
    2009-- $269,245 +2%
    2008-- $263,966 +2%
    2007-- $258,791 +2%
    2006-- $253,718 +2%
    2005-- $248,744 +2%
    2004-- $243,867 +1.9%
    2003-- $239,398 +2%
    2002-- $234,705 +2%
    2001-- $230,104
    Find assessor info on the county website

    Neighborhood: South Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,375,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,375,600