NOT LISTED FOR SALE
4 Beds
4 Baths
2,600 Sq Ft
5,227 Sq Ft Lot

Last Sold April 01, 2016

Last sale price $735,000 $283 Per Sq Ft

116 Days on Market

About This Home

As of April 2016

Great Opportunity for Investors or Owner-Occupied Buyers. The property consists of 4 units (1br/1bd each) located west of the interstate 5 in the heart of Oceanside. Walking distance to the beach on the edge of the Redevelopment Zone. Average unit monthly rent $925. All units are on month-to-month leases. Potential Market Rent after some rehab could be btw $1,300 - $1,450. PROPERTY SOLD AS IS. Buyer to verify all information prior to closing.

Last Agent to Sell the Property

Ann Jaquelyn Schon

Avezta Realty Int. Corp. License #01963449 Listed on: 11/14/2015

Last Buyer's Agent

Michael Wolf

Coldwell Banker West License #01709065

Coldwell Banker West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 5,227 Sq Ft Lot
  • Open Space
  • Partially Fenced Property

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 150-142-04-00

Community Details

Overview

  • 4 Units
  • Fourplex Community

Building Details

  • Net Operating Income $33,650

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: GRANT STREET AND CENTER AVE
  • Neighborhood: OCEANSIDE
  • LP / Sq Ft: 289.06
  • Stories: 2 Story
  • Sale Price List Price: 0.99
  • Total Stories: 2
  • Year Built: 1980
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Frontage: Open Space
  • Roof: Composition

Condo/Co-op/Association

  • Complex Name: Fourplex
  • Community: OCEANSIDE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R3
  • Assessor Parcel Number: 150-142-04-00
  • Land Use Code: R3
  • Estimated Lot Sq Ft: 5227
  • Estimated Number of Acres: 0.12

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 33650
  • Annual Expense Actual: 10750
  • Annual Expense Projected: 14500
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 12.5
  • Gross Sched Income Actual: 44400
  • Gross Sched Income Projected: 60000
  • Number Of Buildings: 1
  • Number Of Units With Garage: 4
  • 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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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
04/01/2016 04/01/16 Sold $735,000 -2.0% $283 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
11/14/2015 11/14/15 For Sale $750,000 -- $288 / 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: 150061057

San Diego MLS

APN: 150-142-04-00