NOT LISTED FOR SALE

1805 Mackinnon Ave Cardiff By the Sea, CA 92007

Cardiff-by-the-Sea Neighborhood

Estimated Value: $2,676,000 - $3,333,000

6 Beds
5 Baths
2,859 Sq Ft
$1,047/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $2,600,000 $909 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $17,819/month

43 Days on Market

Highlights

  • Ocean View
  • Guest House
  • Living Room Balcony
  • Cardiff Elementary Rated A
  • Solar Power System
  • 3 Car Garage

About This Home

As of September 2024

Discover this unique ocean view multi-unit property in Cardiff by the Sea. This property features two main units and moments away from beaches. Start your mornings taking in the coastal breeze and gorgeous views in this fully remodeled property consisting of 2 conforming units and a non conforming back house/ADU. This property has been tastefully remodeled with fresh paint inside and out, new energy efficient windows, designer kitchens with quartz counters and SS appliances. Other updates include brand new hardwood floors, all new doors, trim, fixtures and updated bathrooms. Whether for AirBnb, Live in one and rent the rest, development, or creating a friend/family beach compound, this property delivers so much opportunity. 7% CAP RATE with Short Term Rental Bookings.

Last Agent to Sell the Property

Sean Robbins

eXp Realty of California Inc License #01709620 Listed on: 07/09/2024

eXp Realty of California Inc

Last Buyer's Agent

Dane Soderberg

Compass License #01456182

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,390

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Bungalow
  • Stucco

Interior Spaces

  • 2,859 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Ocean Views
  • Oven or Range
  • Laundry in Garage

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Solar Power System
  • Living Room Balcony
  • Guest House
  • Radiant Heating System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 260-317-01-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,390

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Living Area: 2859
  • Lot Acreage: 0.2400
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: Garage
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven, Solar Panels
  • Price Per S Q F T: 961.87

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: GuestHouse
  • Patio: Living Room Balcony
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Attached, Driveway, Garage Is Detached
  • Total Parking: 6

Utilities

  • Heating: Radiant
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 16.95
  • Assessed Improvement Value: 267941
  • Assessed Land Percent: 83.05
  • Assessed Land Value: 1312374
  • Total Assessed Value: 1580315
  • Assessor Parcel Number: 260-317-01-00
  • Lot Size Area: 10454

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Attached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 20, 2024
Sold by
Dunne Brian and Zhang Peng
Bought by
Mackinnon Llc
Seller's Agent
Sean Robbins
eXp Realty of California Inc
Buyer's Agent
Dane Soderberg
Compass
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Views
52
Current Estimated Value
$2,994,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,131
Avg. Annual Appreciation
12.37%

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 16, 2024
Sold by
Bridge Mortgage Fund Reo Llc
Bought by
Dunne Brian and Zhang Peng
Seller's Agent
Sean Robbins
eXp Realty of California Inc
Buyer's Agent
Dane Soderberg
Compass
List Price
$2,750,000
Sold Price
$2,600,000
Premium/Discount to List
-$150,000
-5.45%
Views
52

Purchase Details

Closed on
Nov 17, 2023
Sold by
Bridge Mortgage Fund Llc
Bought by
Bridge Mortgage Fund Reo Llc

Purchase Details

Closed on
Oct 17, 2023
Sold by
Clear Recon Corporation
Bought by
Bridge Mortgage Fund Llc

Purchase Details

Closed on
Jun 24, 2022
Sold by
Foss Jennifer L
Bought by
Foss Derek Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,138,750
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2018
Sold by
Foss Derek Earl
Bought by
Foss Derek Earl and Foss Jennifer L

Purchase Details

Listed on
Aug 8, 2017
Closed on
Feb 22, 2018
Sold by
Foss Jennifer
Bought by
Foss Derek Earl
Seller's Agent
Travis McClain
HomeSmart Realty West
Buyer's Agent
Travis Chatwin
LPT Realty,Inc
List Price
$1,445,000
Sold Price
$1,445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$765,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2017
Closed on
Jan 11, 2018
Sold by
Jad Wong Llc
Bought by
Foss Derek Earl
Seller's Agent
Travis McClain
HomeSmart Realty West
Buyer's Agent
Travis Chatwin
LPT Realty,Inc
List Price
$1,445,000
Sold Price
$1,445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2013
Sold by
Wong Angelina Mou Kum
Bought by
Jad Wong Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,775
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2013
Sold by
Jad Wong Llc
Bought by
Wong Angelina Mou Kum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,775
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Wong Mou Kum and Wong Angelina Mou Kum
Bought by
Jad Wong Llc

Purchase Details

Closed on
Aug 31, 2005
Sold by
Wong Angelina Mou Kum
Bought by
Wong Mou Kum and Wong Angelina Mou Kum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2005
Sold by
Mohn Danielle P
Bought by
Wong Angelina Mou Kum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 10, 2004
Sold by
Mohn Gregory
Bought by
Mohn Danielle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2004
Sold by
Brown Eunice T and Brown Family Trust
Bought by
Mohn Danielle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 1995
Sold by
Brown Eunice T and The Brown Family Trust
Bought by
Brown Eunice T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mackinnon Llc -- Socal Title Company
Dunne Brian $2,600,000 Socal Title Company
Bridge Mortgage Fund Reo Llc -- Socal Title Company
Bridge Mortgage Fund Llc $2,377,857 Servicelink
Foss Derek Earl -- Ticor Title
Foss Derek Earl -- None Available
Foss Derek Earl -- Fidelity National Title
Foss Derek Earl $1,445,000 Fidelity National Title
Jad Wong Llc -- Accommodation
Wong Angelina Mou Kum -- Title 365 Company
Jad Wong Llc -- None Available
Wong Mou Kum -- --
Wong Angelina Mou Kum $1,120,000 First American Title Co
Mohn Danielle P -- First American Title
Mohn Danielle P $735,000 First American Title
Brown Eunice T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foss Derek Earl $2,138,750
Previous Owner Foss Derek Earl $765,000
Previous Owner Wong Angelina Mou Kum $314,775
Previous Owner Wong Angelina Mou Kum $350,000
Previous Owner Mohn Danielle P $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2024 09/20/24 Sold $2,600,000 -5.5% $909 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $2,750,000 +90.3% $962 / Sq Ft
02/28/2018 02/28/18 Sold $1,445,000 0.0% $573 / Sq Ft View Prior Sale
11/18/2017 11/18/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $1,445,000 -- $573 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $25,390 $2,600,000 $2,200,000 $400,000
2024 $25,390 $2,200,000 $1,800,000 $400,000
2023 $18,359 $1,580,315 $1,312,374 $267,941
2022 $18,603 $1,549,330 $1,286,642 $262,688
2021 $17,630 $1,518,952 $1,261,414 $257,538
2020 $17,355 $1,503,378 $1,248,480 $254,898
2019 $17,031 $1,473,900 $1,224,000 $249,900
2018 $15,824 $1,358,116 $1,074,934 $283,182
2017 $190 $1,331,487 $1,053,857 $277,630
2016 $14,791 $1,305,381 $1,033,194 $272,187
2015 $14,604 $1,285,774 $1,017,675 $268,099
2014 $14,332 $1,260,589 $997,741 $262,848
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sean Robbins

    eXp Realty of California Inc

    (949) 315-8013

    1 in this area

    24 Total Sales

    Sean Robbins
    Section Image
  • Dane Soderberg

    Buyer's Agent in 2024

    Dane Soderberg

    Compass

    (858) 337-1417

    4 in this area

    123 Total Sales

    Dane Soderberg
    Section Image
  • Travis McClain

    Seller's Agent in 2018

    Travis McClain

    HomeSmart Realty West

    (858) 799-0709

    2 in this area

    65 Total Sales

    Travis McClain
    Section Image
  • Amy Jensen

    Seller Co-Listing Agent in 2018

    Amy Jensen

    Coldwell Banker Realty

    (858) 922-2329

    6 in this area

    140 Total Sales

    Amy Jensen
    Section Image

  • T

    Buyer's Agent in 2018

    Travis Chatwin

    LPT Realty,Inc

    (619) 752-4663

    6 in this area

    14 Total Sales

    Travis Chatwin
    Section Image
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Map

Source: The MLS

MLS Number: 24-413209

The MLS

APN: 260-317-01

California San Diego County Encinitas 92007 Cardiff-by-the-Sea

1805 Mackinnon Ave, Encinitas, CA

Not Listed for Sale

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