NOT LISTED FOR SALE

1940 Broadway Oceanside, CA 92054

South Oceanside Neighborhood
8 Beds
8 Baths
4,250 Sq Ft
1969 Built

Last Sold July 24, 2012

Last sale price $850,000 $200 Per Sq Ft

55 Days on Market

Highlights

  • Gated Community
  • Partially Fenced Property
  • 5-minute walk to Lions Club Park

About This Home

As of July 2012

Ocean Palms is located just four blocks from the beach in South Oceanside, a vibrant beach community in North San Diego County. This property consists of one single-level and three townhome-style units. Amenities include standard appliances, garage parking, gated entrance, lush landscaping, central courtyard and upgrades on some units. The property location is less than one mile to the I-5 Freeway, providing convenient access to just about anywhere in the San Diego area.

Last Agent to Sell the Property

Dave Andrews

Acre Investment Real Estate License #01720128 Listed on: 03/28/2012

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Partially Fenced Property
  • Gas Water Heater

Community Details

  • 4 Units
  • Net Operating Income $42,076
  • Gated Community

Listing and Financial Details

  • Tenant pays for sewer, trash, water, cable TV, electricity
  • Assessor Parcel Number 153-264-10-00

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal North
  • Cross Street: Kelly & Tremont
  • Neighborhood: South Oceanside
  • LP / Sq Ft: 211.77
  • Price Per Sq Ft: 200
  • SP/ Sq Ft: 200
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Unit Sq Ft: 4250
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: OCEANSIDE
  • Complex Features: Gated Community

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 153-264-10-00
  • Land Use Code: R3

Rental Info

  • Tenant Pays: Sewer, Trash, Water, Cable TV, Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 42076
  • Annual Expense Actual: 21971
  • Annual Expense Projected: 21971
  • Gross Rent Multiplier Actual: 13.77
  • Gross Rent Multiplier Projected: 13.09
  • Gross Sched Income Actual: 64680
  • Gross Sched Income Projected: 68100
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 675
  • Other Income Projected: 675

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $850,000 -10.5% $200 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $950,000 -- $224 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Dave Andrews

    Seller's Agent in 2012

    Dave Andrews

    Acre Investment Real Estate

    (858) 414-6485

    13 Total Sales

    Dave Andrews
    Section Image

  • N

    Buyer's Agent in 2012

    Non-Member Default

    Default Non-Member Office

  • O

    Buyer's Agent in 2012

    Out of Area Agent

    Out of Area Office

  • K

    Buyer's Agent in 2012

    Kathryn Frost

    RETS IDX TCAR VENDORS

    (785) 841-2400

    3 in this area

    711 Total Sales

    Section Image
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Map

Source: San Diego MLS

MLS Number: 120016294

San Diego MLS

APN: 153-264-10-00

California San Diego County Oceanside 92054 South Oceanside

1940 Broadway, Oceanside, CA

This home is located at 1940 Broadway, Oceanside, CA 92054 since 28 March 2012. This property was built in 1969. 1940 Broadway is a home located in San Diego County with nearby schools including South Oceanside Elementary School, Lincoln Middle School, and Oceanside High School.

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