NOT LISTED FOR SALE
10 Beds
8 Baths
5,446 Sq Ft
0.25 Acres

Last Sold July 02, 2024

Last sale price $3,730,000 $685 Per Sq Ft

146 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Wood Siding
  • Paul Ecke-Central Elementary Rated A
  • Partially Fenced Property

About This Home

As of July 2024

Four luxury townhome units in the heart of Leucadia. Condominium potential. Townhomes are approx. 1350-1400 sf. Each townhome includes fireplace, vaulted ceilings, attached two car garage, washer/dryer hook ups, and private balconies. Two units include private rear yards. Four gas, electric and water meters. Desirable beach location within walking distance to Beacons Beach, dining and entertainment. Desirable cash flow at market rental rates. Do not disturb residents.

Last Agent to Sell the Property

ray adams

Ray Adams Investment Real Estate Inc License #00989238 Listed on: 11/01/2023

Last Buyer's Agent

Betsy Heller

Achievers Realty, Inc License #01074985

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane, hot water
  • Assessor Parcel Number 2543244700

Community Details

Overview

  • 4 Units
  • Leucadia Townhomes Community

Building Details

  • Net Operating Income $83,816

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Glaucus
  • Neighborhood: Coastal
  • LP / Sq Ft: 24.1
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1986
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Leucadia Townhomes
  • Community: LEUCADIA
  • Manager Name: owner

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Corner Lot
  • Topography: Level
  • Assessor Parcel Number: 2543244700
  • Estimated Lot Sq Ft: 10913

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 83816
  • Gross Rent Multiplier Actual: 27.3
  • Gross Rent Multiplier Projected: 17.4
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $3,730,000 -4.4% $685 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $3,900,000 0.0% $716 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $3,900,000 -2.5% $716 / Sq Ft
11/01/2023 11/01/23 For Sale $4,000,000 -- $734 / 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 $32,517 $3,730,000 $2,900,000 $830,000
2024 $32,517 $2,856,000 $2,040,000 $816,000
2023 $10,325 $784,150 $326,725 $457,425
2022 $9,986 $768,775 $320,319 $448,456
2021 $9,727 $753,702 $314,039 $439,663
2020 $9,487 $745,974 $310,819 $435,155
2019 $9,319 $731,348 $304,725 $426,623
2018 $9,161 $717,008 $298,750 $418,258
2017 $9,020 $702,950 $292,893 $410,057
2016 $8,775 $689,167 $287,150 $402,017
2015 $8,547 $678,816 $282,837 $395,979
2014 $8,292 $665,520 $277,297 $388,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 230021492

San Diego MLS

APN: 254-324-47-00