NOT LISTED FOR SALE

207 N Sierra Ave Solana Beach, CA 92075

3 Beds
3 Baths
4,140 Sq Ft
6,347 Sq Ft Lot

Last Sold December 23, 2021

Last sale price $3,071,000 $742 Per Sq Ft

110 Days on Market

Highlights

  • Fishing
  • No HOA
  • Garden
  • Skyline Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Fletcher Cove Park

About This Home

As of December 2021

Do not disturb tenants or walk property. Property shown with accepted offer. Please review OM and marketing video for further details. All units are currently rented. All information deemed reliable but not guaranteed. All buyers must do their own due diligence and satisfy themselves.

Last Agent to Sell the Property

Michael Mignosa

The Browar Group License #02049221 Listed on: 05/28/2021

Last Buyer's Agent

Michael Mignosa

The Browar Group License #02049221 Listed on: 05/28/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 6,347 Sq Ft Lot
  • Two or More Common Walls
  • Garden

Parking

  • 2 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 2633212600
  • $1,843 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Fishing

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $3,000
  • Water Sewer Expense $1,350
  • New Taxes Expense $39,198
  • Operating Expense $51,412
  • Gross Income $123,660
  • Net Operating Income $68,545

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • CapRate: 1.96
  • Price Per Unit: 875000
  • Property Attached: Yes
  • Water Sewer Expenses: 1350.00
  • Zoning: MRd
  • Property Type: Residential Income
  • Parcel Number: 2633212600
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 741.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Fishing

Lot Info

  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 6347.00
  • Lot Size Acres: 0.1457

Multi Family

  • Gross Income: 123660.00
  • Gross Scheduled Income: 123660.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 6347.0000 Square Feet
  • Net Operating Income: 68545.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Patio: 2
  • Operating Expense: 51412.00
  • Rent Control: Yes
  • Total Expenses: 51412.00

Tax Info

  • New Taxes Expense: 39198.00
  • TaxOtherAnnualAssessmentAmount: 1842.80

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
12/23/2021 12/23/21 Sold $3,071,000 -12.3% $742 / Sq Ft
09/20/2021 09/20/21 For Sale $3,500,000 0.0% $845 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
07/08/2021 07/08/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $3,500,000 -- $845 / Sq Ft
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: PTP2103688

California Regional Multiple Listing Service (CRMLS)

APN: 263-321-26-00