NOT LISTED FOR SALE
3 Beds
3 Baths
1,769 Sq Ft
5,847 Sq Ft Lot

Last Sold July 23, 2014

Last sale price $760,000 $430 Per Sq Ft

27 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Zoned Heating and Cooling
  • RV Access or Parking
  • Fireplace
  • 4-minute walk to Lions Club Park

About This Home

As of July 2014

BOM - No Fault of House. Partial Ocean-view duplex w/ HUGE income potential. Desirable So. Oceanside location could be developed with 5 units up to 35' high to take advantage of panoramic ocean views. Nearly 6000sf alley-loaded corner lot. Each unit provides private yards, fireplaces, & personal garages. New paint inside & out, w/ upgrades including new tile in bathrooms & kitchens. Upstairs unit boasts 2 bedrooms w/ partial ocean views. Downstairs unit w/ 1 bedroom. Laundry w/ additional full bathroom. View attached documents for zoning that indicates developers may build up to 5 units on property. Zoning Ordinance Coastal Areas (1986) - Article 7 | R-3 Medium Density Residential Zone | Section 703: Density - Lot Area Per Dwelling Unit (1) "For those lots located on the west side of Interstate 5, the min. lot area per dwelling unit shall be 1000 sf" Zoning Ordinance Coastal Areas (1986) - Article 17 | Section 1709 - Height - (b) "No building or structure used for residential purposes in the R-3, O-P, R-T, R-C, PRD, or SP zones shall exceed a height of 35 feet or three stories, whichever is less." ROOM DIMENSIONS: 1701 S. Meyers Street (One-Bedroom, Downstairs Unit) Kitchen 9 x 7 Living 21 x 14 Bed 12 x 11 Walk-In-Closet 5 x 4 Bathroom 8 x 5 Garage 19 x 10 1703 S. Meyers Street (Two-Bedroom, Upstairs Unit) Living 21x14 Dining 14x9 Kitchen 14x7 Utility area pantry 9 x 5 Bedroom 1 16 x 11 Bedroom 2 12 x 12 Bathroom 8 x 5 Garage 19 x 10 Common Space: Laundry 9 x 7 Bathroom 3 9 x 7

Last Agent to Sell the Property

Dustin Robinson

Berkshire Hathaway HomeServices California Properties License #01885120 Listed on: 06/10/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,847 Sq Ft Lot
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot

Property Views

  • Ocean
  • City Lights

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wired For Data
  • Fireplace

Parking

  • Alley Access
  • RV Access or Parking

Eco-Friendly Details

  • Sprinklers on Timer

Location

  • West of 101 Freeway
  • West of 5 Freeway

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity, gardener, gas/propane, hot water, fees
  • Assessor Parcel Number 153-092-17-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $34,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Whaley
  • Neighborhood: South Oceanside | West of RR Tracks
  • Supplement: View attached documents for zoning that indicates developers may build up to 5 units on property. Zoning Ordinance Coastal Areas (1986) - Article 7 | R-3 Medium Density Residential Zone | Section 703: Density - Lot Area Per Dwelling Unit (1) "For those lots located on the west side of Interstate 5, the min. lot area per dwelling unit shall be 1000 sf" Zoning Ordinance Coastal Areas (1986) - Article 17 | Section 1709 - Height - (b) "No building or structure used for residential purposes in the R-3, O-P, R-T, R-C, PRD, or SP zones shall exceed a height of 35 feet or three stories, whichever is less." ROOM DIMENSIONS: 1701 S. Meyers Street (One-Bedroom, Downstairs Unit) Kitchen 9 x 7 Living 21 x 14 Bed 12 x 11 Walk-In-Closet 5 x 4 Bathroom 8 x 5 Garage 19 x 10 1703 S. Meyers Street (Two-Bedroom, Upstairs Unit) Living 21x14 Dining 14x9 Kitchen 14x7 Utility area pantry 9 x 5 Bedroom 1 16 x 11 Bedroom 2 12 x 12 Bathroom 8 x 5 Garage 19 x 10 Common Space: Laundry 9 x 7 Bathroom 3 9 x 7
  • LP / Sq Ft: 18.65
  • Miscellaneous: Dog Run, Value in Land
  • Stories: 2 Story
  • Sale Price List Price: 1.01
  • Total Stories: 2
  • Year Built: 1947
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Full
  • Roof: Composition
  • View: City, Evening Lights, Ocean

Garage/Parking

  • Parking for RV: On-Site Parking, Potential Space

Utilities

  • Cooling: Wall/Window, Zoned Area(s)
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial), Satellite Dish, Wired High Speed Internet
  • Heat Equipment: Zoned Areas, Fireplace

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OCEANSIDE
  • Manager Name: Agent
  • Manager Phone: 619.855.5220

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: Automatic, Drip, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Corner Lot, Curbs, Public Street, Rear Yd Str Access, Street Paved, West of I-5, West of 101
  • Topography: Level
  • Water District: CITY OF OCEANSIDE
  • Zoning: R3
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 153-092-17-00
  • Land Use Code: R3
  • Estimated Lot Dimensions: 60x100
  • Estimated Lot Sq Ft: 5847
  • Water District URL: http://www.ci.oceanside.ca.us/WaterUtilities/Default.asp
  • Estimated Number of Acres: 0.1342
  • Map Code Column: C
  • Map Code Page: 1106
  • Map Code Row: 3

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity, Gardener, Gas/Propane, Hot Water, Other Fees

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 34800
  • Gross Rent Multiplier Actual: 21.55
  • Gross Rent Multiplier Projected: 18.65
  • Gross Sched Income Actual: 34800
  • Gross Sched Income Projected: 40200
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 1
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2
  • Other Income Projected: 10000.0

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
07/23/2014 07/23/14 Sold $760,000 -5.0% $430 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $799,900 -- $452 / 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: 140031141

San Diego MLS

APN: 153-092-17-00