NOT LISTED FOR SALE
8 Beds
-- Bath
3,595 Sq Ft
5,663 Sq Ft Lot

Last Sold October 01, 2014

Last sale price $1,250,000 $348 Per Sq Ft

9 Days on Market

Highlights

  • Balcony
  • Community Playground
  • Guest Parking
  • Del Mar High School Rated A-
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of October 2014

Well maintained 4plex, Designer Owner unit, 2 units with long term GOOD Tenants. Unit 2 completely redone, unit 3 all new flooring, unit 4 currently being updated all new kitchen, bath and flooring. fenced in yard, Enclosed play ground and BBQ area. Large common laundry room plus add'l storage for each unit. Owner unit has stacked washer/dryer. great location close to shopping, lightrail

Last Agent to Sell the Property

Ali Shahidi

True-Vision Network Real Estate License #00448264 Listed on: 08/14/2014

Last Buyer's Agent

Ali Shahidi

True-Vision Network Real Estate License #00448264 Listed on: 08/14/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 5,663

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,595 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Parking

  • Carport
  • Guest Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Listing and Financial Details

  • Total Actual Rent $80,400
  • The owner pays for garbage, water
  • Month-to-Month Lease Term

Community Details

Recreation

  • Community Playground

Building Details

  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Operating Expense $15,765
  • Gross Income $78,764

Additional Features

  • 3,595 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 51
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 347.71
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3595
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3595
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Leased, Washer/Dryer - Owned, Washer/Dryer - Some Units, Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Area, Tile, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, Carport, Spaces Per Unit - 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace, Central Forced Air, Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Playground, Patio - Common, Patio - Private, Bbq Area

Association/Amenities

  • Amenities Miscellaneous: Storage Locker, Storage Area(s)

Schools

  • School District: Campbell Union High
  • High School: Del Mar High
  • High School: 239

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6098.00
  • Lot Size Area Min Search: 6098.00
  • Maximum Lot Size: 6098.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 14.72

Multi Family

  • Expense Insurance: 2000
  • Expense Maintenance: 2000
  • Expenses Total: 15765
  • Expense Water Sewer: 1200
  • Income Annual Gross: 78764.00
  • Income Annual Rental: 80400
  • Income Gross Scheduled: 81200
  • Income Includes: Laundry, Lease
  • Income Laundry: 800
  • Maximum Building Height: 2
  • Meters: Separate Electric, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Tax, Vacancy Factor
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2436
  • Vacancy Factor: 3

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
10/01/2014 10/01/14 Sold $1,250,000 +4.6% $348 / Sq Ft
08/23/2014 08/23/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $1,195,000 +53.2% $332 / Sq Ft
08/22/2012 08/22/12 Sold $780,000 +0.1% $217 / Sq Ft
06/07/2012 06/07/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $778,888 -- $217 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81429740

MLSListings

APN: 284-25-045