Danny Gibbel
Swell Property
(760) 496-5292
31 Total Sales
2 in Downtown Oceanside
$1,225,000 Price Range
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
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Property Details
Home Type
- Multi-Family
Year Built
- 1948
Parking
- Automatic Gate
Home Design
- Composition Roof
- Stucco Exterior
Interior Spaces
- 1-Story Property
- Attic Fan
Lot Details
- Gated Home
- Property is Fully Fenced
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2022
Closed on
Feb 8, 2022
Sold by
Daniel S Mcswain Trust
Bought by
Seller's Agent
Allen Chitayat
CBRE
Buyer's Agent
Sander Harth
Compass
List Price
$1,525,000
Sold Price
$1,655,551
Premium/Discount to List
$130,551
8.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,241,663
Outstanding Balance
$1,138,994
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2012
Sold by
Mcswain Daniel
Bought by
Mcswain Daniel S and The Daniel S Mcswain Trust
Purchase Details
Closed on
Aug 24, 2011
Sold by
Federal National Mortgage Association
Bought by
Mcswain Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2010
Sold by
Vasquez Lazaro M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 27, 2006
Sold by
Garrie Joseph W and Garrie Charito M
Bought by
Vasquez Lazaro M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 15, 2005
Sold by
Talukder Mohammed S and Talukder Fahmina
Bought by
Garrie Joseph W and Garrie Charito M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
5.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 21, 2005
Sold by
Quan Raymond J and Quan Nancy
Bought by
Garrie Joseph W and Garrie Charito M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
5.32%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 21, 2004
Sold by
Quan Raymond J
Bought by
Quan Raymond J and Quan Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.97%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 27, 2002
Sold by
Quan Raymond J
Bought by
Quan Raymond J and Raymond J Quan Revocable Trust
Purchase Details
Closed on
Oct 24, 1990
Sold by
Quan Anita Y
Bought by
Quan Raymond J
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Oceanside, CA
-
Danny Gibbel
-
Andrea Carpenter
Andrea Carpenter
First Team Real Estate
(844) 829-2340
27 Total Sales
1 in Downtown Oceanside
$999,000 Price
-
Sabrina Covington
Sabrina Covington
Covington & Associates
(858) 304-2859
74 Total Sales
1 in Downtown Oceanside
$889,000 Price
-
Diane Ledbetter
Diane Ledbetter
Wisdom Properties
(657) 325-7499
33 Total Sales
1 in Downtown Oceanside
$1,600,000 Price
-
Sarah Meester
Sarah Meester
Real Broker
(209) 764-1023
48 Total Sales
1 in Downtown Oceanside
$999,000 Price
-
Rebecca Maldonado
RM
Rebecca Maldonado
Spangler Realty
(442) 333-7987
8 Total Sales
1 in Downtown Oceanside
$1,175,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,656,000 | Chicago Title | ||
| Mcswain Daniel S | -- | None Available | |
| Mcswain Daniel | $260,000 | Lsi Title Company | |
| Federal National Mortgage Association | $376,700 | Landsafe Title | |
| Vasquez Lazaro M | $600,000 | Fidelity National Title Co | |
| Garrie Joseph W | $50,000 | -- | |
| Garrie Joseph W | $490,000 | Fidelity National Title San | |
| Quan Raymond J | -- | -- | |
| Quan Raymond J | -- | -- | |
| Quan Raymond J | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,241,663 | ||
| Previous Owner | Mcswain Daniel | $195,000 | |
| Previous Owner | Vasquez Lazaro M | $480,000 | |
| Previous Owner | Garrie Joseph W | $450,000 | |
| Previous Owner | Garrie Joseph W | $343,000 | |
| Previous Owner | Quan Raymond J | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $19,714 | $1,792,019 | $1,445,642 | $346,377 |
| 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
Seller's Agent in 2022
Allen Chitayat
CBRE
(619) 548-2334
3 in this area
12 Total Sales
-
Sander Harth
Buyer's Agent in 2022
Sander Harth
Compass
(760) 237-0780
2 in this area
123 Total Sales
Map
Source: San Diego MLS
MLS Number: 220001523
APN: 150-142-13-00
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