$2,800,000
SOLD MAR 18, 2025
9 Beds
6 Baths
3,354 Sq Ft
0.34 Acres

Recently Sold

$835 Per Sq Ft

74 Days on Market

Highlights

  • 0.34 Acre Lot
  • No HOA
  • Laundry Room
  • Corner Lot
  • Park
  • Landscaped

About This Home

As of March 2025

Three detached homes situated on 14,764 of corner parcel in the heart of South Oceanside. The property was built in 2012 (no rent control) and the units have been immaculately cared for. All three units are 3 BR 2 BA with its own two car garage and separate meters. Each unit is approximately 1,188 SF. The property is just blocks from Carlsbad and walking distance to the beach. The zoning allows for development opportunities of (8) +/- 2,000 SF 3 story townhouse style units with roof decks. Please check with the City Planning Department. This is for information use only and to be verified buy buyer(s).

Last Agent to Sell the Property

Kambiz Marashi

Mara Real Estate Brokerage Phone: 760-679-3340 License #01484472 Listed on: 11/19/2024

Last Buyer's Agent

Michael Drew

Berkshire Hathaway HomeServices California Properties License #01935067

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 0.34 Acre Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard

Parking

  • 6 Car Garage

Interior Spaces

  • 3,354 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 301
  • Assessor Parcel Number 1550330300

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $2,800
  • Trash Expense $1,140
  • New Taxes Expense $16,000
  • Operating Expense $28,038
  • Gross Income $142,296
  • Net Operating Income $114,258

Property Details

Home Type

Multi-Family

Year Built

Built in 2012

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 4.12
  • Price Per Unit: 930000
  • Property Attached: No
  • View: No
  • Zoning: Multi-Residential
  • Property Type: Residential Income
  • Parcel Number: 1550330300
  • Year Built: 2012
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Level
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 834.82

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Dryer Included, Individual Room, Inside, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1140.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Level with Street
  • Lot Size Sq Ft: 14764.00
  • Lot Size Acres: 0.3389

Multi Family

  • Gross Income: 142296.00
  • Gross Scheduled Income: 147840.00
  • Insurance Expense: 2800.00
  • Lot Size Area: 14764.0000 Square Feet
  • Net Operating Income: 114258.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 29988.00
  • Rent Control: No
  • Total Expenses: 28038.00
  • Vacancy Allowance: 2900

Tax Info

  • New Taxes Expense: 16000.00
  • Tax Lot: 9
  • Tax Tract Number: 000301

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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
03/18/2025 03/18/25 Sold $2,800,000 +0.4% $835 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
12/15/2024 12/15/24 For Sale $2,790,000 0.0% $832 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/19/2024 11/19/24 For Sale $2,790,000 +29.8% $832 / Sq Ft
05/25/2022 05/25/22 Sold $2,150,000 -2.3% $641 / Sq Ft
04/04/2022 04/04/22 For Sale $2,200,000 -- $656 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2410130

California Regional Multiple Listing Service (CRMLS)

APN: 155-033-03-00