NOT LISTED FOR SALE

217 N Sierra Ave Unit 21 Solana Beach, CA 92075

4 Beds
3 Baths
2,000 Sq Ft
6,946 Sq Ft Lot

Last Sold April 27, 2018

Last sale price $2,150,000 $1,075 Per Sq Ft

36 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • 4-minute walk to Fletcher Cove Park
  • Skyline Elementary School Rated A

About This Home

As of April 2018

Amazing investment or development opportunity with this multi-unit home. Prime location in the Solana Beach Coastal less than a block to the Ocean! Enjoy passive rental income while living in one home and renting the other two!

Last Agent to Sell the Property

Seth O'Byrne

Compass License #01463479 Listed on: 02/19/2018

Compass

Co-Listed By

Debbie Keckeisen

eXp Realty of California, Inc. License #01869247

Last Buyer's Agent

Jack Titsworth

Crystal Estates License #01441990

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 6,946 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • Solana Beach School District Elementary School

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 263-321-24-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $71,616

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Hill St.
  • Neighborhood: Solana Beach
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1970
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: SOLANA BEACH

Schools

  • School District URL: http://www.sbsd.k12.ca.us/
  • Elementary School: Solana Beach School District

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Topography: Level
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Zoning: R-3
  • Assessor Parcel Number: 263-321-24-00
  • Land Use Code: R-3
  • Estimated Lot Sq Ft: 6946
  • Estimated Number of Acres: 0.16
  • Map Code Column: E
  • Map Code Page: 1167
  • Map Code Row: 7

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 71616
  • Annual Expense Actual: 1884
  • Gross Rent Multiplier Actual: 5.0
  • Gross Sched Income Actual: 73500
  • Gross Sched Income Projected: 106800
  • Number Of Buildings: 2
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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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
04/27/2018 04/27/18 Sold $2,150,000 -4.4% $1,075 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $2,249,995 -- $1,125 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 180008726

San Diego MLS

APN: 263-321-24-00