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SOLD 10/9/2021

3651 Strand Way S, San Diego, CA 92109$2,750,000

--
bed
1
bath
2464
ft2
· 2464
ft2 lot
$1,116 / ft2

Listing provided courtesy of Listing Broker: Richard Snyder, R.A. Snyder Properties
Source CRMLS;
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8 Studio apartments in North Mission Beach. half block from the ocean. 10 blocks from Belmont Park.1 mile to Sea World. Project might suit itself to winter summer rentals and or student housing. 3 miles to La Jolla. Please do not go on the property and bother our valuable residents.

HOA

$0/month

On market

2 days

Year built

1958

Property type

Multi-Family

Parking

6

MLS

NDP2110385

Price / Sq.Ft.

$1,116 / ft2

Status

Closed

Home details for 3651 Strand Way S

Interior Features & Layout
Interior Features
•   
Electric Details: Standard
Rooms Info
•   
Average Studio Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Average Studio Area: 260
Heating & Cooling
•   
Has Heating
•   
Heating Details: Electric
Interior Size
•   
Building Area Total: 2464.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 2.00
•   
Carport Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: R-4: Multiple Residential Apartment ...
•   
Roof: Flat
•   
Stories Total: 2
•   
Num Stories: Multi/Split, Two
•   
Year Built Source: Assessor
•   
Construction Materials: Frame
Lot Info
•   
Lot Features: Corner Lot, Near Public Transit, Zero Lot Line
•   
Lot Size Source: Assessor, Assessor
•   
Lot Size Acres: 0.0566
•   
Lot Size Dimensions: 33' North Boundary x 72' West Boundary 74' East Boundary x 34' South Boundary
•   
Lot Size Area: 2464.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 8
Property Type
•   
Architectural Style: Contemporary
Property Features
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 8
•   
Utilities: Electricity Connected
•   
Number Of Separate Gas Meters: 8
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
Assesments Information
•   
Assessments: Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 2517.00
•   
Vacancy Allowance Rate: 0.00
•   
Cap Rate: 2.50
•   
Total Actual Rent: 118740.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 3274.00
•   
New Taxes Expense: 30000.00
•   
Insurance Expense: 1391.00
•   
Professional Management Expense: 11520.00
•   
Total Expenses: 43047.00
•   
Gross Scheduled Income: 118470.00
•   
Tax Block: 167
•   
Operating Expense: 43047.00
Tax/Assessment Info
•   
Gross Income: 118470.00
•   
Tax Year: 2020
•   
Taxes: 22860.86
Lease Info
•   
Net Operating Income: 75422.00
Listing Info
•   
Status: Closed
Multi Unit Information
Multi Unit Information
•   
Number With Refrigerator: 8
•   
# Of Units: 1
•   
Number Of Units Leased: 8
•   
Number With Disposal: 8
•   
Number With Range: 8
•   
Price Per Unit: 343750
Unit 1 Information
•   
Unit 1 Total Units: 1
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1295.00
•   
Unit 1 Total Rent: 1295.00
School Neighborhood & Directions
Location
•   
Community Features: Watersports
School Info
•   
Directions: Project in North Mission Beach on ocean side of Mission Bouelvard. Corner of Strand Way and Ormand Court. Half block off the Pacific Ocean.
Virtual Tour Link
Virtual Tour
•   
Virtual Tour Url Unbranded
Other
Calculation
•   
Dom: 3

Neighborhood snapshot

Flyhomes
California
San Diego County
San Diego
Mission Beach
41
Properties for sale
9
Median days on market
$779.41
Median sold price/sqft
101.24%
Sold/List %
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Property History for 3651 Strand Way S

10/09/2021
10/09/2021
CRMLS #NDP2110385
sold
CRMLS #NDP2110385
$2,750,000
10/08/2021
10/08/2021
Public Record
sold
Public Record
$2,750,000
09/08/2021
09/08/2021
CRMLS #NDP2110385
pending
CRMLS #NDP2110385
$2,750,000
09/05/2021
09/05/2021
CRMLS #NDP2110385
active
CRMLS #NDP2110385
$2,750,000

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