NOT LISTED FOR SALE
9 Beds
6 Baths
3,354 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: March 18, 2025

Last sale price $2,800,000 $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

eXp Realty of Southern CA License #01935067

eXp Realty of Southern CA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2012

Lot Details

  • 14,764 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Level Lot
  • Front Yard

Parking

  • 6 Car Garage

Home Design

  • Entry on the 1st floor

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

0.34 Acres

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 4.12
  • 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
  • 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

Tax Info

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

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2024
Closed on
Feb 7, 2025
Sold by
Bought by
Seller's Agent
Kambiz Marashi
Mara Real Estate
Buyer's Agent
Michael Drew
eXp Realty of Southern CA
List Price
$2,790,000
Sold Price
$2,800,000
Premium/Discount to List
$10,000
0.36%
Views
139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$2,070,944
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2024
Sold by
Bought by

Purchase Details

Listed on
Apr 4, 2022
Closed on
Apr 27, 2022
Sold by
Bought by
Seller's Agent
Alexander Kohl
South Coast Commercial, Inc.
Buyer's Agent
Gary Kaufman, CCIM
South Coast Commercial, Inc.
List Price
$2,200,000
Sold Price
$2,150,000
Premium/Discount to List
-$50,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,887,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 5, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2013
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Jan 19, 2012
Sold by
Bought by

Purchase Details

Closed on
May 22, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
6.25%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Buyer Sale Price Title Company
$2,800,000 Corinthian Title Company
-- None Listed On Document
$2,150,909 Chicago Title
-- First American Title
-- Accommodation
-- None Available
$358,000 None Available
-- None Available
-- None Available
-- None Available
-- None Available
-- First American
$675,000 First American Title
-- First American Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,100,000
Previous Owner $500,000
Previous Owner $1,600,000
Previous Owner $350,000
Previous Owner $600,000
Previous Owner $1,887,000
Previous Owner $506,250
Source: Public Records

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 Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $25,577 $2,856,000 $1,999,200 $856,800
2025 $25,091 $2,281,596 $1,623,648 $657,948
2024 $25,091 $2,236,860 $1,591,812 $645,048
2023 $24,319 $2,193,000 $1,560,600 $632,400
2022 $10,980 $981,877 $652,661 $329,216
2021 $11,023 $962,625 $639,864 $322,761
2020 $10,682 $952,755 $633,303 $319,452
2019 $10,372 $934,075 $620,886 $313,189
2018 $10,262 $915,761 $608,712 $307,049
2017 $70 $897,806 $596,777 $301,029
2016 $9,748 $880,203 $585,076 $295,127
2015 $9,464 $866,982 $576,288 $290,694
2014 $9,097 $850,000 $565,000 $285,000
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

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