NOT LISTED FOR SALE
5 Beds
3 Baths
2,490 Sq Ft
5,955 Sq Ft Lot

Last Sold September 26, 2022

Last sale price $2,000,000 $803 Per Sq Ft

72 Days on Market

About This Home

As of September 2022

Pleased to present 1734 S Pacific Street and 1842-1846 S Pacific Street, a pair of near water front apartments with an ideal unit mix and zoning regulations for short term vacation rentals. These properties allowing for an investor to acquire a trophy asset with tremendous cash flowing potential.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #01523060 Listed on: 06/07/2022

Last Buyer's Agent

Vincenzo Hayes

NON-MEMBER/NBA or BTERM OFFICE License #02118376

NON-MEMBER/NBA or BTERM OFFICE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 5,954 Sq Ft Lot
  • No Common Walls
  • Density is 21-25 Units/Acre

Parking

  • 1 Open Parking Space
  • 4 Car Garage

Home Design

  • 2,490 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block L,T / 6
  • Tax Tract Number 622
  • Assessor Parcel Number 1532511100
  • $76 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Oceanside Subdivision

Recreation

  • Water Sports

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,000
  • New Taxes Expense $27,293
  • Operating Expense $36,715
  • Gross Income $61,704
  • Net Operating Income $24,988

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

5,954 Sq Ft Lot

Parking

4

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Oceanside
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 1532511100
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 803.21

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Watersports

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 5954.00
  • Lot Size Acres: 0.1367

Multi Family

  • Gross Income: 61704.00
  • Gross Scheduled Income: 61704.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5954.0000 Square Feet
  • Net Operating Income: 24988.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 36715.00
  • Rent Control: No
  • Total Expenses: 36715.00

Tax Info

  • New Taxes Expense: 27293.00
  • Tax Block: 6
  • Tax Census Tract: 181.02
  • Tax Lot: L,T
  • Tax Tract Number: 622
  • TaxOtherAnnualAssessmentAmount: 76.00
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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 List to Sale Price per Sq Ft
09/26/2022 09/26/22 Sold $2,000,000 -16.7% $803 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $2,400,000 -- $964 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $24,416 $2,219,520 $1,706,256 $513,264
2024 $24,416 $2,176,000 $1,672,800 $503,200
2023 $22,185 $2,000,000 $1,640,000 $360,000
2022 $6,403 $569,793 $459,012 $110,781
2021 $6,428 $558,621 $450,012 $108,609
2020 $6,231 $552,894 $445,398 $107,496
2019 $6,051 $542,054 $436,665 $105,389
2018 $5,987 $531,426 $428,103 $103,323
2017 $70 $521,007 $419,709 $101,298
2016 $5,687 $510,792 $411,480 $99,312
2015 $5,522 $503,121 $405,300 $97,821
2014 $5,309 $493,266 $397,361 $95,905
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22122425

California Regional Multiple Listing Service (CRMLS)
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