NOT LISTED FOR SALE
4 Beds
4 Baths
2,046 Sq Ft
4,071 Sq Ft Lot Lot

Sale Details

Date Sold: May 26, 2016

Last sale price $1,325,000 $648 Per Sq Ft

44 Days on Market

About This Home

As of May 2016

***DO NOT DISTURB TENANTS - DRIVE BY ONLY*** 1330 S Pacific St is a 4-unit, multi-family property in Oceanside, CA 92054 and was built in 1955. Consisting of 1 bedroom & 1 bath units, some offer ocean views! This investment offering will continue to be a stable asset to any investor who wants to capitalize on the high-value of
San Diego County's coastal real estate market or the potential of future redevelopment.

Last Agent to Sell the Property

Jonathan Mitchell

Kidder Mathews of California, Inc License #01227852 Listed on: 04/07/2016

Last Buyer's Agent

Jonathan Mitchell

Kidder Mathews of California, Inc License #01227852 Listed on: 04/07/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,071 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,046 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 1521430800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,060
  • Insurance Expense $1,156
  • Maintenance Expense $3,000
  • Supplies Expense $1,400
  • Trash Expense $1,578
  • Water Sewer Expense $1,577
  • New Taxes Expense $13,751
  • Gross Income $4,800
  • Net Operating Income $32,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,071 Sq Ft Lot

Listing Details

  • CapRate: 2.50
  • Property Attached: Yes
  • Supplies Expense: 1400.00
  • Water Sewer Expenses: 1577.00
  • Property Type: Residential Income
  • Gardener Expense: 1060.00
  • Parcel Number: 1521430800
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 647.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 1578.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 4071.00
  • Price Per Lot Square Foot: 325.47
  • Lot Size Acres: 0.0930

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 510
  • Gross Income: 4800.00
  • Gross Multiplier: 22.48
  • Gross Scheduled Income: 57600.00
  • Gross Spendable Income: 32250.00
  • Insurance Expense: 1156.00
  • Lot Size Area: 4071.0000 Square Feet
  • Maintenance Expense: 3000.00
  • Net Operating Income: 32350.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 23522.00
  • Operating Expense Percent: 42.10
  • Rent Control: No
  • Total Actual Rent: 4800.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 13751.00
  • Tax Year: 2016
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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 List to Sale Price per Sq Ft
05/26/2016 05/26/16 Sold $1,325,000 +2.3% $648 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $1,295,000 -- $633 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,162 $1,556,684 $1,420,552 $136,132
2024 $17,162 $1,526,162 $1,392,699 $133,463
2023 $16,634 $1,496,239 $1,365,392 $130,847
2022 $16,383 $1,466,902 $1,338,620 $128,282
2021 $16,447 $1,438,140 $1,312,373 $125,767
2020 $15,938 $1,423,395 $1,298,917 $124,478
2019 $15,475 $1,395,487 $1,273,449 $122,038
2018 $15,311 $1,368,126 $1,248,480 $119,646
2017 $15,031 $1,341,300 $1,224,000 $117,300
2016 $5,093 $455,425 $337,207 $118,218
2015 $4,946 $448,585 $332,142 $116,443
2014 $4,757 $439,799 $325,636 $114,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16052931

California Regional Multiple Listing Service (CRMLS)

APN: 152-143-08-00

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