Seller's Agent in 2023
Kelsey Olson
Compass
(619) 353-5799
1 in this area
95 Total Sales
1028 Tait St Oceanside, CA 92054
Downtown Oceanside Neighborhood
6
Beds
6
Baths
2,610
Sq Ft
1962
Built
Highlights
- Ocean View
- Gated Home
- Level Lot
About This Home
As of November 2023RARE Opportunity. 4 Units - 1 Blck to the Ocean. Long Term Rental Cap Rate 3.75; GRM 17.8. Short Term Rental Cap Rate 8; GRM 9.7. Property is currently being utilized as short term rentals for all units. No STR restrictions in Oceanside. Capitalize day 1 on either market long term rents or maximize profits as STRs. Property also consists of (4) 1 car garages - ADU potential. Value Add. Tait street features (2) 2 bedroom 2 bath cottage style units and (2) 1 bedroom 1 bath upper floor units with ocean views. On site laundry, private courtyard, close to major highways, beaches, shopping, dinning, attractions, and Camp Pendleton. This turnkey property is ideal for investors seeking a low maintenance, highly profitable, beach side investment. OM attached in MLS documents section. Seller open to seller carryback financing
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 2-Story Property
- Ocean Views
Lot Details
- Gated Home
- Level Lot
Utilities
- Gravity Heating System
- Heating System Uses Natural Gas
- Separate Water Meter
Listing and Financial Details
- Assessor Parcel Number 152-072-11-00
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Net Operating Income $112,610
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2023 11/07/23 | Sold | $3,112,000 | +3.7% | $1,192 / Sq Ft |
| 10/11/2023 10/11/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $2,999,999 | -- | $1,149 / Sq Ft |
Source: San Diego MLS
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 |
|---|---|---|---|---|
| 2025 | $34,894 | $3,174,240 | $2,603,040 | $571,200 |
| 2024 | $34,894 | $3,112,000 | $2,552,000 | $560,000 |
| 2023 | $23,799 | $2,144,402 | $1,758,410 | $385,992 |
| 2022 | $23,440 | $2,102,356 | $1,723,932 | $378,424 |
| 2021 | $23,532 | $2,061,134 | $1,690,130 | $371,004 |
| 2020 | $22,803 | $2,040,000 | $1,672,800 | $367,200 |
| 2019 | $14,423 | $1,300,000 | $941,000 | $359,000 |
| 2018 | $14,554 | $1,300,000 | $941,000 | $359,000 |
| 2017 | $12,343 | $1,100,000 | $797,000 | $303,000 |
| 2016 | $11,081 | $1,000,000 | $725,000 | $275,000 |
| 2015 | $10,921 | $1,000,000 | $725,000 | $275,000 |
| 2014 | $10,706 | $1,000,000 | $725,000 | $275,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelsey Olson
-
Theodore Kavich
Seller Co-Listing Agent in 2023
Theodore Kavich
Compass
(818) 314-7357
2 in this area
23 Total Sales
-
Tim Austin
Buyer's Agent in 2023
Tim Austin
Broker Groves, Inc
(760) 310-5485
2 in this area
13 Total Sales
Map
Source: San Diego MLS
MLS Number: 230018932
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