Monica Wason
M2 Realty Group
(831) 275-1395
32 Total Sales
1 in Marina
$999,000 Price
189 Debbie Dr Marina, CA 93933
Marina Area
Studio
--
Bath
4,533
Sq Ft
0.93
Acre Lot
Highlights
- 0.93 Acre Lot
- 5 Car Attached Garage
- 1-Story Property
About This Home
As of July 2017Unique Investment Opportunity in Marina. Generate positive cash flow with this 5 unit plus storage unit gated property. Three homes (3143 Marina Dr, 193 Debbie Dr & 195 Debbie Dr), One Duplex (189&191 Debbie Dr) and a storage unit on .927 acres in the heart of Marina. 6 units total, all individual metered for gas/water/elec. All currently rented. Tenant pays all. Properties are different size, design and age. The three homes are 2 bed/1 ba/ 1 car garage. The duplex is a 3 bed/1.5 ba and attached garage. Current rents 18% below market. Priced right at 5.91 % CAP for its current income NOW with a potential of 7.13%. Zoned R-4 which allows for many other possibilities!
Last Agent to Sell the Property
Mark Kavanaugh
Montgomery Company License #00841494 Listed on: 06/23/2017
Last Buyer's Agent
Mark Kavanaugh
Montgomery Company License #00841494 Listed on: 06/23/2017
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Property Details
Home Type
- Multi-Family
Year Built
- 1949
Lot Details
- 40,380 Sq Ft Lot
Parking
- 5 Car Attached Garage
- 1 Carport Space
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,533 Sq Ft Home
- 1-Story Property
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $125,640
Community Details
Overview
- 4,533 Sq Ft Building
Building Details
- 6 Leased Units
- Insurance Expense $1,500
- Other Expense $3,000
- Operating Expense $22,951
- Gross Income $123,127
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Marina, CA
-
Monica Wason
-
Raquel Perez-McDonald
Raquel Perez-McDonald
Responds QuicklyColdwell Banker Select Real Estate
(530) 631-3037
150 Total Sales
1 in Marina
$1,140,000 Price
-
Mike Valdez
Mike Valdez
CENTURY 21 Masters
(831) 250-9608
19 Total Sales
4 in Marina
$720K - $1M Price Range
-
Christian Haun
Christian Haun
Responds QuicklyeXp Realty of California Inc
(831) 264-0671
57 Total Sales
1 in Marina
$294,549 Price
-
Jorge Edeza
Jorge Edeza
Remax Property Experts
(831) 273-8618
107 Total Sales
4 in Marina
$490K - $849K Price Range
-
Lawrence Hernandez
Lawrence Hernandez
Cypress Coast Investments
(831) 273-9672
45 Total Sales
6 in Marina
$310K - $875K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2017 07/24/17 | Sold | $1,649,000 | -2.7% | $364 / Sq Ft |
| 07/18/2017 07/18/17 | Pending | -- | -- | -- |
| 07/11/2017 07/11/17 | For Sale | $1,695,000 | 0.0% | $374 / Sq Ft |
| 07/07/2017 07/07/17 | Pending | -- | -- | -- |
| 06/23/2017 06/23/17 | For Sale | $1,695,000 | -- | $374 / Sq Ft |
Source: MLSListings
Agents Affiliated with this Home
-
M
Seller's Agent in 2017
Mark Kavanaugh
Montgomery Company
Map
Source: MLSListings
MLS Number: ML81667376
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