NOT LISTED FOR SALE
8 Beds
4 Baths
3,075 Sq Ft
1965 Built

Last Sold June 14, 2017

Last sale price $1,052,000 $342 Per Sq Ft

72 Days on Market

Highlights

  • Corner Lot
  • Satellite Dish
  • Partially Fenced Property
  • Laundry Facilities

About This Home

As of June 2017

The Missouri Apartments is a unique 4-unit apartment opportunity positioned West of I-5 in Coastal Oceanside. Built in 1965, the property is comprised of (4) Two Bedroom / One Bath units totaling approximately 3,077 rentable square feet. This offering includes two separate buildings; one is a single story detached house on a raised foundation, wood frame and stucco building, with a pitched roof. The second building is a two-story wood frame and stucco building on a concrete slab. Additionally, the building has 4 single car garages, coin operated laundry and large patio decks. The Missouri Apartments benefit from their close proximity to the beach, shopping, Oceanside Pier, Harbor, Amtrak/Coaster Station and Camp Pendleton. The rental growth should continue as this trendy submarket of Oceanside continues to transcend.

Last Agent to Sell the Property

Chase Sandrik

VasTree Real Estate License #00972517 Listed on: 01/04/2017

Last Buyer's Agent

Cristian Crabb

Ritual Realty License #01908373

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,959 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Sprinkler System

Home Design

  • Composition Roof

Interior Spaces

  • 2-Story Property

Schools

  • Oceanside Unified School District Elementary And Middle School
  • Oceanside Unified School District High School

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane, hot water
  • Assessor Parcel Number 150-241-12-00

Community Details

Overview

  • Association fees include sewer, trash pickup, water
  • 2 Buildings
  • 4 Units
  • N/K Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $50,346

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Garifield
  • Neighborhood: Oceanside
  • Supplement: Additionally, the building has 4 single car garages, coin operated laundry and large patio decks. The Missouri Apartments benefit from their close proximity to the beach, shopping, Oceanside Pier, Harbor, Amtrak/Coaster Station and Camp Pendleton. The rental growth should continue as this trendy submarket of Oceanside continues to transcend.
  • LP / Sq Ft: 19.11
  • Stories: 2 Story
  • Sale Price List Price: 0.98
  • Total Stories: 2
  • Year Built: 1965
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: N/K
  • Community: OCEANSIDE
  • Complex Features: Laundry Facilities
  • Home Owner Association Fee Includes: Sewer, Trash Pickup, Water

Schools

  • School District URL: http://www.oside.k12.ca.us/
  • Elementary School: Oceanside Unified School District
  • Elementary School Website: http://www.oside.k12.ca.us/
  • High School: Oceanside Unified School District
  • Middle School Url: http://www.oside.k12.ca.us/
  • Middle School: Oceanside Unified School District

Lot Info

  • Irrigation: Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot
  • Topography: Level
  • Water District: CITY OF OCEANSIDE
  • Assessor Parcel Number: 150-241-12-00
  • Land Use Code: R-3
  • Estimated Lot Sq Ft: 5959
  • Water District URL: http://www.ci.oceanside.ca.us/WaterUtilities/Default.asp
  • Map Code Column: B
  • Map Code Page: 1106
  • Map Code Row: 1

Rental Info

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

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 50346
  • Annual Expense Actual: 20451
  • Annual Expense Projected: 20451
  • Gross Rent Multiplier Actual: 14.94
  • Gross Rent Multiplier Projected: 13.74
  • Gross Sched Income Actual: 71940
  • Gross Sched Income Projected: 78240
  • Number Of Buildings: 2
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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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
06/14/2017 06/14/17 Sold $1,052,000 -2.1% $342 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $1,075,000 -- $350 / 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: 170000510

San Diego MLS

APN: 150-241-12-00