NOT LISTED FOR SALE
5 Beds
5 Baths
2,753 Sq Ft
3,920 Sq Ft Lot Lot

Sale Details

Date Sold: November 4, 2019

Last sale price $1,285,000 $467 Per Sq Ft

61 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Laundry Room
  • Clarence Lobo Elementary School Rated A-
  • Double Pane Windows
  • Tile Flooring

About This Home

As of November 2019

Absolutely Gorgeous upgraded units. Each unit has its own garage with newer roll-up garage doors, double-paned windows throughout, and dishwashers. The 2bd 2ba upstairs unit is simply stunning with marble floors in both bathrooms--Marble-Top vanity with nickel faucet in the master bath--Granite counter-tops in the 2nd bathroom--both bathrooms are full bathrooms with shower glass doors-- 5-inch baseboards throughout unit--Newer remodeled kitchen--Laminate wood floors throughout--recessed lighting--remote ceiling fans. The upstairs 1bd 1 ba boasts a remodeled kitchen--frosted glass bedroom and bathroom doors-- a beautiful pedestal bowl sink--tiled bathroom floors and shower--laminate wood floors throughout--large open picture window--5 1/2 inch baseboards throughout--the downstairs 2bd 2ba has laminate wood floors throughout--upgraded tile floors and tiled shower in both bathrooms--the floorplan is a replica of the 2bd upstairs unit--Spacious outside patio with upgraded pavers--security screen doors on upstairs units--Only minutes from downtown Del Mar street and the beach. Pride of investment ownership. The owner is meticulous and it shows!!! You won't be disappointed with this investment.

Last Agent to Sell the Property

Dan Morgan

Dan Morgan, Broker License #01094793 Listed on: 08/18/2019

Last Buyer's Agent

Max Deering

OC Homes Realty License #02007233

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 3,920 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Legal Lot and Block 14 / 10
  • Tax Tract Number 779
  • Assessor Parcel Number 05809317

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $1,560
  • Operating Expense $3,060
  • Gross Income $85,740
  • Net Operating Income $85,740

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

3,920 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 6.60
  • Property Attached: Yes
  • Water Sewer Expenses: 1560.00
  • Property Type: Residential Income
  • Parcel Number: 05809317
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 466.76
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Double Pane Windows, Drapes, Screens

Exterior Features

  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3920.00
  • Lot Size Acres: 0.0900

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average1 Bed Area: 900 Square Feet
  • Average2 Bed Area: 1150 Square Feet
  • Gross Income: 85740.00
  • Gross Scheduled Income: 88800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 3920.0000 Square Feet
  • Net Operating Income: 85740.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 3060.00
  • Other Income1: 90.00
  • Rent Control: No
  • Total Expenses: 3060.00

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 421.03
  • Tax Lot: 14
  • Tax Tract Number: 779
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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
11/04/2019 11/04/19 Sold $1,285,000 0.0% $467 / Sq Ft
10/10/2019 10/10/19 Rented $2,750 0.0% --
10/01/2019 10/01/19 For Rent $2,750 +37.5% --
09/19/2019 09/19/19 Rented $2,000 0.0% --
09/13/2019 09/13/19 Price Changed $2,000 -4.8% $2 / Sq Ft
09/11/2019 09/11/19 For Rent $2,100 0.0% --
09/05/2019 09/05/19 Price Changed $1,297,000 -7.3% $471 / Sq Ft
08/18/2019 08/18/19 For Sale $1,399,000 0.0% $508 / Sq Ft
06/26/2018 06/26/18 Rented $2,300 0.0% --
06/13/2018 06/13/18 For Rent $2,300 0.0% --
06/12/2018 06/12/18 Under Contract -- -- --
06/08/2018 06/08/18 Off Market $2,300 -- --
05/25/2018 05/25/18 For Rent $2,300 +1.1% --
05/01/2016 05/01/16 Rented $2,275 0.0% --
04/06/2016 04/06/16 For Rent $2,275 +23.0% --
08/08/2014 08/08/14 Rented $1,850 -2.6% --
08/08/2014 08/08/14 For Rent $1,900 +11.8% --
08/15/2013 08/15/13 Rented $1,700 -2.9% --
08/14/2013 08/14/13 Under Contract -- -- --
07/02/2013 07/02/13 For Rent $1,750 -- --
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 $13,968 $1,405,333 $1,203,010 $202,323
2024 $13,968 $1,377,778 $1,179,422 $198,356
2023 $13,672 $1,350,763 $1,156,296 $194,467
2022 $13,412 $1,324,278 $1,133,624 $190,654
2021 $13,153 $1,298,312 $1,111,396 $186,916
2020 $13,022 $1,285,000 $1,100,000 $185,000
2019 $8,608 $848,484 $719,412 $129,072
2018 $8,443 $831,848 $705,306 $126,542
2017 $8,278 $815,538 $691,477 $124,061
2016 $8,120 $799,548 $677,919 $121,629
2015 $7,997 $787,539 $667,736 $119,803
2014 $7,844 $772,113 $654,656 $117,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19198859

California Regional Multiple Listing Service (CRMLS)

APN: 058-093-17

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