$2,140,000
SOLD AUG 10, 2021
2 Beds
1 Bath
2,200 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$973 Per Sq Ft

7% Below List Price

10 Days on Market

Highlights

  • Views
  • Laundry Room
  • Level Lot
  • El Morro Elementary School Rated A+
  • Rectangular Lot

About This Home

As of August 2021

Duplex in North Laguna. Ocean views from upper level. Two 2-bedroom units. Original 1960's construction. 2 car carport in rear. Upper unit will be vacant in mid-July. Lower unit leased. Has potential but a bit of a fixer as is.
Sold AS IS, no repairs pest control, etc. Buyer to cooperate in owner's 1031 exchange.
Showings ONLY with listing agent and with advance appointment. Can only see upstairs with appt. Lower with offer. DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Mark Christy

Berkshire Hathaway HomeServices California Properties License #00776546 Listed on: 06/23/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Mark Christy

Berkshire Hathaway HomeServices California Properties License #00776546 Listed on: 06/23/2021

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,792 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot

Home Design

  • Property Attached
  • Fixer Upper
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 21 / T
  • Tax Tract Number 481
  • Assessor Parcel Number 05312636

Community Details

Overview

  • 2 Units
  • North Laguna Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $1,800
  • Water Sewer Expense $1,200
  • Operating Expense $24,000
  • Gross Income $58,800
  • Net Operating Income $33,036

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
  • Subdivision Name Other: North Laguna (NL)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 05312636
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 972.73

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Gentle Sloping, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 4792.00
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 4792.0000 Square Feet
  • Net Operating Income: 33036.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 24000.00
  • Rent Control: No
  • Total Expenses: 24000.00
  • Vacancy Allowance: 1764

Tax Info

  • Tax Block: T
  • Tax Census Tract: 626.04
  • Tax Lot: 21
  • Tax Tract Number: 481

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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
06/23/2025 06/23/25 For Sale $3,995,000 +86.7% $1,816 / Sq Ft
08/10/2021 08/10/21 Sold $2,140,000 -6.6% $973 / Sq Ft
06/23/2021 06/23/21 For Sale $2,290,000 -- $1,041 / 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: LG21137021

California Regional Multiple Listing Service (CRMLS)

APN: 053-126-36