NOT LISTED FOR SALE

1206 S Ditmar St Unit 8 Oceanside, CA 92054

Downtown Oceanside Neighborhood
7 Beds
4 Baths
2,900 Sq Ft
8,580 Sq Ft Lot

Last Sold March 26, 2012

Last sale price $565,000 $195 Per Sq Ft

38 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of March 2012

1206-1208 S. Ditmar St. is a coastal four unit property located in South Oceanside. The property is 7 blocks from the beach and is comprised of three 2Bed/1Bath units and one 1Bed/1Bath unit. The lot size is 8,580 sq. ft. and the total rentable sq. ft. is approximately 2,891. There are four (4) garages and tenants enjoy the close proximity to downtown areas, walking to the ocean and major roads. This investment is ideal for an owner occupant or the value add investor seeking long term upside.

Last Listed By

Matt Robinson

MD Real Estate, Inc License #01491108 Listed on: 01/13/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 8,580 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Composition Roof

Additional Features

  • 1-Story Property
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 152-123-17-00

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Net Operating Income $28,014

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal North
  • Cross Street: Oceanside Blvd.
  • Neighborhood: Coastal Community
  • LP / Sq Ft: 206.9
  • Price Per Sq Ft: 194.83
  • SP/ Sq Ft: 194.83
  • Stories: 1 Story
  • Sale Price List Price: 0.94
  • Unit Sq Ft: 2900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Exterior Features

  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: OCEANSIDE

Schools

  • School District URL: http://www.oside.k12.ca.us/

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Corner Lot
  • Water District: CITY OF OCEANSIDE
  • Zoning: R-3
  • Assessor Parcel Number: 152-123-17-00
  • Land Use Code: R-3
  • Estimated Lot Sq Ft: 8580

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 28014
  • Annual Expense Actual: 17286
  • Gross Rent Multiplier Actual: 12.47
  • Gross Rent Multiplier Projected: 11.36
  • Gross Sched Income Actual: 45300
  • Gross Sched Income Projected: 52800
  • Number Of Buildings: 2
  • Number Of Furnished Units: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Average Value
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List Price
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
03/26/2012 03/26/12 Sold $565,000 -5.8% $195 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $600,000 -- $207 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Robinson

    Seller's Agent in 2012

    Matt Robinson

    MD Real Estate, Inc

    (858) 361-3159

    14 Total Sales

    Matt Robinson
    Section Image
  • Felix Moreno

    Seller Co-Listing Agent in 2012

    Felix Moreno

    Villa Realty Inc.

    (760) 701-0112

    Section Image
  • Bill Villa

    Buyer's Agent in 2012

    Bill Villa

    Villa Realty Inc.

    (760) 908-4264

    19 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 120002321

San Diego MLS

APN: 152-123-17-00

California San Diego County Oceanside 92054 Downtown Oceanside

1206 S Ditmar St Unit 8, Oceanside, CA

Homes for Sale in Oceanside, CA

This home is located at 1206 S Ditmar St Unit 8, Oceanside, CA 92054 since 13 January 2012. This property was built in 1950. 1206 S Ditmar St Unit 8 is a home located in San Diego County with nearby schools including South Oceanside Elementary School, Lincoln Middle School, and Oceanside High School.

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