NOT LISTED FOR SALE
2 Beds
1 Bath
5,744 Sq Ft
-- Built

Sale Details

Date Sold: July 30, 2021

Last sale price $3,010,000 $524 Per Sq Ft

13 Days on Market

About This Home

As of July 2021

Dolphin Village at 224 S Ditmar Street in Oceanside consists of 7 large units contained in two structures totaling 5,744 square feet built in 1986 situated on a 7,353 square foot lot. The unit mix consists of seven 2Bed/1Bath units. There are 7 single car garages with roll up doors, most of which have extra depth for storage and auto-openers. The units have varying degrees of remodel and have individual water heaters as well as individual water shut off valves. There is a large office/storage room with a sink and toilet behind the laundry room which has owned equipment consisting of 2 washers and 2 dryers. There are partial ocean views from select units and the 5 upstairs units feature skylights. Upgrades to the property include a newer roof, siding, windows, paint, new railings and new deck. The unit interiors have scraped ceilings, new plank or tile flooring, as well as dishwashers and ceiling fans. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

Last Agent to Sell the Property

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 06/30/2021

Last Buyer's Agent

Terry Taylor

Apartment Consultants, Inc. License #01041788

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Property Details

Home Type

  • Multi-Family

Parking

  • 7 Parking Spaces

Home Design

Interior Spaces

  • 2 Bedrooms
  • 5,744 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 7

Listing and Financial Details

  • Total Actual Rent $12,824

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • 7 Leased Units
  • Operating Expense $56,740

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 3.33
  • Co List Office Mls Id: 69464
  • Living Area: 5744.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-03-05T12:19:42Z
  • FullAddress: 224 S Ditmar Street
  • NumofLeasedApartments: 7
  • ShortSale: No
  • SDMLS_NumofADUUnits: 7.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 2

Garage/Parking

  • Total Parking Spaces: 7.0

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 7
  • Annual Operating Expense: 56740.0
  • Total Actual Rent: 12824.0

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
Jun 30, 2021
Closed on
Jul 26, 2021
Sold by
Bought by
Seller's Agent
Benn Vogelsang
NorthMarq Multifamily
Buyer's Agent
Terry Taylor
Apartment Consultants, Inc.
List Price
$2,800,000
Sold Price
$3,010,000
Premium/Discount to List
$210,000
7.5%

Purchase Details

Closed on
Nov 9, 2011
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
$655,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2006
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
$690,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 6, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 16, 1999
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
$290,250
Interest Rate
7.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 13, 1986

Purchase Details

Closed on
May 8, 1985
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$3,010,000 Chicago Title Co Com Div
-- North American Title Company
$1,401,000 California Title Company
-- None Available
-- --
$387,000 Stewart Title
$425,000 --
$76,500 --
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
Previous Owner $655,000
Previous Owner $690,000
Previous Owner $300,000
Previous Owner $290,250
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
07/30/2021 07/30/21 Sold $3,010,000 +7.5% $524 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $2,800,000 -- $487 / Sq Ft
Source: San Diego MLS

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 $36,213 $3,294,201 $2,381,350 $912,851
2025 $36,213 $3,229,609 $2,334,657 $894,952
2024 $35,524 $3,166,284 $2,288,880 $877,404
2023 $34,055 $3,070,200 $2,244,000 $826,200
2022 $33,541 $3,010,000 $2,200,000 $810,000
2021 $20,067 $1,768,522 $1,009,953 $758,569
2020 $19,444 $1,750,389 $999,598 $750,791
2019 $18,876 $1,716,069 $979,999 $736,070
2018 $18,673 $1,682,422 $960,784 $721,638
2017 $70 $1,584,000 $823,000 $761,000
2016 $12,815 $1,170,000 $608,000 $562,000
2015 $12,630 $1,170,000 $608,000 $562,000
2014 $12,382 $1,170,000 $608,000 $562,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210018769

San Diego MLS

APN: 150-053-06-00

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