NOT LISTED FOR SALE
3 Beds
3 Baths
800 Sq Ft
1960 Built

Last Sold October 13, 2014

Last sale price $500,000 $625 Per Sq Ft

9 Days on Market

Highlights

  • Partially Fenced Property
  • Wood Siding
  • 1-Story Property
  • Level Lot
  • Radiant Heating System

About This Home

As of October 2014

Rare opportunity to have units just 200 steps to the sand in one of North County's most pristine beaches. Rents are low as super nice landlord lived in one of units to surf, hangout and retire. Projected rents $950-$975 a unit and would still be low. Units show great. Newer roof and exterior paint. 1114 S Myers to be sold concurrent with 1112 S Myers.

Last Listed By

Donald Rushworth

Berkshire Hathaway HomeService License #00526339 Listed on: 09/07/2014

Berkshire Hathaway HomeService

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 3,102 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Parking

  • Alley Access

Home Design

  • Rolled or Hot Mop Roof
  • Tar and Gravel Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Schools

  • Oceanside Unified School District Elementary And Middle School
  • Oceanside Unified School District High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiant Heating System
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 152-073-03-00

Community Details

Overview

  • 3 Units
  • N/K Community

Building Details

  • Net Operating Income $22,140

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Oceanside Blvd
  • Neighborhood: Beach
  • LP / Sq Ft: 25.02
  • Stories: 1 Story
  • Sale Price List Price: 0.83
  • Total Stories: 1
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Partial
  • Roof: Rock/Gravel, Rolled/Hot Mop

Utilities

  • Cooling: Wall/Window
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Radiant

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: OCEANSIDE

Schools

  • School District URL: http://www.oside.k12.ca.us/
  • Elementary School: Oceanside Unified School District
  • Elementary School Website: http://www.oside.k12.ca.us/
  • High School: Oceanside Unified School District
  • Middle School Url: http://www.oside.k12.ca.us/
  • Middle School: Oceanside Unified School District

Lot Info

  • Lot Size: 1-3,999 SF
  • Site: Alley Access
  • Topography: Level
  • Water District: CITY OF OCEANSIDE
  • Zoning: R4
  • Assessor Parcel Number: 152-073-03-00
  • Land Use Code: R
  • Estimated Lot Sq Ft: 3102
  • Water District URL: http://www.ci.oceanside.ca.us/WaterUtilities/Default.asp
  • Map Code Column: B
  • Map Code Page: 1106
  • Map Code Row: 2

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 22140
  • Annual Expense Actual: 11160
  • Annual Expense Projected: 11160
  • Gross Rent Multiplier Actual: 4.88
  • Gross Sched Income Actual: 2775
  • Gross Sched Income Projected: 2925
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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Sold Price
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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 Change Sq Ft Price
10/13/2014 10/13/14 Sold $500,000 -16.5% $625 / Sq Ft
09/14/2014 09/14/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $599,000 -- $749 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 140049228

San Diego MLS

APN: 152-073-03-00