Seller's Agent in 2020
Sherry PeckHoon Sim
SIM Real Estate
(805) 234-4315
10 in this area
36 Total Sales
154 N Ocean Ave Cayucos, CA 93430
Cayucos NeighborhoodEstimated Value: $2,712,341
3
Beds
6
Baths
11,250
Sq Ft
$241/Sq Ft
Est. Value
Highlights
- 0.26 Acre Lot
- Paved or Partially Paved Lot
- 2-minute walk to Cayucos State Beach
- Laundry Room
About This Home
As of January 2020Mixed Use Unique Opportunity ~ Two buildings in prime downtown Cayucos location. Total 5 units. Situated across from popular restaurants and shops and just half a block to Cayucos Pier and the beach. Two residential units on upper level in each building. Building on south side comprise retail space on lower level that's currently used as an antique store, and one residential spacious apartment featuring one bedroom, bonus room and two baths above the antique store. Building on north side features 3 units : real estate office and contractor's office on the lower level and residential one-bedroom apartment on the second level. Both buildings are under one Assessor Parcel Number. Two storage units and approximately 9 parking spots are located at back of property. All units hold long-term leases. Check with County on opportunities to spilt the buildings, sub-divide and potential to develop.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,786
Year Built
- Built in 1915
Lot Details
- 0.26 Acre Lot
- Two or More Common Walls
- Rural Setting
- Paved or Partially Paved Lot
- Level Lot
- Density is 2-5 Units/Acre
Home Design
- 11,250 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
Parking
- 9 Open Parking Spaces
- 9 Parking Spaces
Listing and Financial Details
- Assessor Parcel Number 064113016
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- 5 Leased Units
- 4 Separate Electric Meters
- 3 Separate Gas Meters
- Insurance Expense $7,200
- Trash Expense $2,160
- Water Sewer Expense $7,200
- New Taxes Expense $20,900
- Operating Expense $37,460
- Net Operating Income $101,940
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2019
Closed on
Nov 21, 2019
Sold by
Slaughter Florence M and The Dana B Slaughter By Pass T
Bought by
Hughes Mary Elizabeth and Thomas J Hughes Irrevocable Fa
Seller's Agent
Sherry PeckHoon Sim
SIM Real Estate
Buyer's Agent
Rita Shaw
Shaw Real Estate Brokers
List Price
$1,999,900
Sold Price
$1,893,000
Premium/Discount to List
-$106,900
-5.35%
Total Days on Market
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,341
Avg. Annual Appreciation
7.04%
Original Mortgage
$400,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 11, 2017
Sold by
Slaughter Florence M and Slaughter Dana B
Bought by
Slaughter Florence M and Dana B Slaughter By Pass Trust
Purchase Details
Closed on
Mar 6, 2017
Sold by
Slaughter Florence M
Bought by
Slaughter Florence M and Slaughter Dana B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hughes Mary Elizabeth | $1,893,000 | First American Title Company | |
| Slaughter Florence M | -- | None Available | |
| Slaughter Florence M | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hughes Mary Elizabeth | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2020 01/15/20 | Sold | $1,893,000 | -5.3% | $168 / Sq Ft |
| 10/23/2019 10/23/19 | Pending | -- | -- | -- |
| 10/15/2019 10/15/19 | For Sale | $1,999,900 | -- | $178 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $21,786 | $2,029,675 | $857,760 | $1,171,915 |
| 2023 | $21,786 | $1,989,879 | $840,942 | $1,148,937 |
| 2022 | $21,409 | $1,950,862 | $824,453 | $1,126,409 |
| 2021 | $21,085 | $1,912,611 | $808,288 | $1,104,323 |
| 2020 | $5,931 | $491,785 | $204,909 | $286,876 |
| 2019 | $5,815 | $482,143 | $200,892 | $281,251 |
| 2018 | $5,697 | $472,690 | $196,953 | $275,737 |
| 2017 | $5,574 | $463,423 | $193,092 | $270,331 |
| 2016 | $5,461 | $454,337 | $189,306 | $265,031 |
| 2015 | $5,408 | $447,513 | $186,463 | $261,050 |
| 2014 | $5,234 | $438,748 | $182,811 | $255,937 |
Source: Public Records
Agents Affiliated with this Home
-
Sherry PeckHoon Sim
-
Buyer's Agent in 2020
Rita Shaw
Shaw Real Estate Brokers
(909) 798-1000
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC19240853
APN: 064-113-016
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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