Seller's Agent in 2022
Allen Chitayat
CBRE
(619) 548-2334
3 in this area
16 Total Sales
1249 Division St Oceanside, CA 92054
Downtown Oceanside Neighborhood
6
Beds
5
Baths
2,250
Sq Ft
1948
Built
Highlights
- 1-Story Property
- Central Air
- Gated Home
- Attic Fan
About This Home
As of March 2022Turnkey high output triplex in San Diego’s most Northern Coastal Beach Town of Oceanside. 4.43% proforma cap rate with just one rent increase! The property has undergone a “to the studs” rehabilitation in 2017-2021 allowing an investor to take over a stabilized property with high-quality tenants or vacate the detached unit to allow for an ideal owner-occupy operation to offset mortgage and other expenses. The duplex interior pictures are shown first which were fully rehabbed in 2021. The last interior pictures are of the detached 2/1 unit, which was fully rehabbed in 2017. Only new wood vinyl flooring would be required in the detached unit to drive top of market rental capability. Please contact Maxwell Brown for the offering memorandum. All new appliances, quartz counters, vinyl plank flooring, dual pane windows, & interior lighting + Dishwashers in all units + In-unit Laundry in all units + Private patios for all units, with ability to extend into large yards + Soundproof Double walls + All appliances high efficiency electric with exclusion of the Water Heaters being gas - Water heaters are 3-6 years old, all still under warranty + Central Large Mini-splits in the Duplex + Gas Heat in the Detached 2/1 Unit + Full new metal fencing with electric gate for easy parking lot access + Private Gated electronic access on street side for Duplex Units + Duplex Prewired for Level 2 car chargers; 30 amps @ 240 volts + Ceiling Fans + Recessed Lighting + 7 on-site gated parking spaces
Property Details
Home Type
- Multi-Family
Year Built
- 1948
Lot Details
- Gated Home
- Property is Fully Fenced
Parking
- Automatic Gate
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- Attic Fan
Utilities
- Central Air
Listing and Financial Details
- Tenant pays for sewer, trash, water, electricity, gas/propane, hot water
- Assessor Parcel Number 150-142-13-00
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Net Operating Income $59,954
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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 |
|---|---|---|---|---|
| 03/14/2022 03/14/22 | Sold | $1,655,551 | +8.6% | $736 / Sq Ft |
| 01/29/2022 01/29/22 | Pending | -- | -- | -- |
| 01/24/2022 01/24/22 | For Sale | $1,525,000 | -- | $678 / Sq Ft |
Source: San Diego MLS
Tax History Compared to Growth
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 | $19,339 | $1,756,883 | $1,417,297 | $339,586 |
| 2024 | $19,339 | $1,722,435 | $1,389,507 | $332,928 |
| 2023 | $18,744 | $1,688,662 | $1,362,262 | $326,400 |
| 2022 | $4,526 | $400,731 | $215,412 | $185,319 |
| 2021 | $3,507 | $301,698 | $211,189 | $90,509 |
| 2020 | $3,400 | $298,605 | $209,024 | $89,581 |
| 2019 | $3,303 | $292,751 | $204,926 | $87,825 |
| 2018 | $3,268 | $287,011 | $200,908 | $86,103 |
| 2017 | $3,208 | $281,384 | $196,969 | $84,415 |
| 2016 | $3,104 | $275,867 | $193,107 | $82,760 |
| 2015 | $3,014 | $271,724 | $190,207 | $81,517 |
| 2014 | $2,901 | $266,403 | $186,482 | $79,921 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Chitayat
-
Sander Harth
Buyer's Agent in 2022
Sander Harth
Compass
(760) 237-0780
2 in this area
124 Total Sales
Map
Source: San Diego MLS
MLS Number: 220001523
APN: 150-142-13-00
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