$2,695,000
Total Views 7,209
5 Beds
5 Baths
3,130 Sq Ft
$861 Price per Sq Ft

Highlights

  • Lawn
  • No HOA
  • Laundry Room
  • Paul Ecke-Central Elementary Rated A
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring

About This Home

Wonderful 3 unit property in the heart of beautiful Leucadia. All units are turnkey and fully occupied. Property consists of a duplex with unit A being a large 3 bedroom, 2 bath home with a large loft at 1830 square feet, and private lawn front yard. Unit B is a 2 bedroom, 1 1/2 bath home at 900 square feet and private backyard area. Detached above the storage garage is unit C, a 400 square foot studio. The garage has been converted and divided into 3 separate storage units that each of the 3 units have their own storage. Each unit has their own laundry room. Unit C studio laundry downstairs in their storage garage. The main house just had an all new roof installed. Great location. Just a moments walk to Highway 101 and all the shops and restaurants in the area. In the 5 years of current ownership the only vacancies have been a few days during a turnover. Always rented and easy to find great tenants. Landlord pays utilities, and tenants pay a flat monthly amount for average utility costs.

Listing Agent

Mike Jones

Whole Life Properties Brokerage Email: MikeJonesSanDiegoRealtor@Gmail.com License #01094232 Listed on: 03/03/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Lawn
  • Front Yard

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 3,130 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 2543252600
  • $1,926 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $6,300
  • Gardener Expense $2,000
  • Insurance Expense $2,891
  • Professional Management Expense $6,000
  • Trash Expense $435
  • Water Sewer Expense $1,450
  • New Taxes Expense $24,000
  • Operating Expense $47,800
  • Gross Income $139,800
  • Net Operating Income $114,620

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 4.25
  • Professional Management Expense: 6000.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1450.00
  • Zoning: R-2:MINOR MULTIPLE
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Gardener Expense: 2000.00
  • Parcel Number: 2543252600
  • Year Built: 1986
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Vinyl, Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 861.02

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooking, Microwave, Refrigerator, Gas Oven, Dishwasher
  • Heating Type: Electric, Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 435.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lawn
  • Lot Size Sq Ft: 6098.40
  • Lot Size Acres: 0.1400

Multi Family

  • Electric Expense: 6300.00
  • Gross Income: 139800.00
  • Gross Multiplier: 20.35
  • Gross Scheduled Income: 132420.00
  • Insurance Expense: 2891.00
  • Lot Size Area: 0.1400 Acres
  • Net Operating Income: 114620.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Dishwasher: 2
  • Number With Disposal: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
  • Operating Expense: 17800.00
  • Other Income1: 7380.00
  • Other Income Description: Flat utilities collected from tenants
  • Rent Control: Yes
  • Total Actual Rent: 11035.00
  • Total Expenses: 47800.00

Tax Info

  • New Taxes Expense: 24000.00
  • Tax Lot: 3
  • Tax Tract Number: PM1362
  • TaxOtherAnnualAssessmentAmount: 1926.16

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $23,064 $2,056,619 $1,753,539 $303,080
2024 $23,064 $2,016,294 $1,719,156 $297,138
2023 $22,394 $1,976,760 $1,685,448 $291,312
2022 $21,851 $1,938,000 $1,652,400 $285,600
2021 $14,377 $1,231,515 $847,827 $383,688
2020 $14,108 $1,218,888 $839,134 $379,754
2019 $13,837 $1,194,989 $822,681 $372,308
2018 $13,582 $1,171,558 $806,550 $365,008
2017 $13,354 $1,148,587 $790,736 $357,851
2016 $12,473 $1,080,000 $741,000 $339,000
2015 $11,761 $1,020,000 $700,000 $320,000
2014 $10,628 $920,000 $633,000 $287,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2026 03/03/26 For Sale $2,695,000 0.0% $861 / Sq Ft
07/30/2025 07/30/25 Rented $2,650 0.0% --
07/28/2025 07/28/25 Under Contract -- -- --
07/25/2025 07/25/25 For Rent $2,650 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2602013

California Regional Multiple Listing Service (CRMLS)

APN: 254-325-26-00

Your Personal Tour Guide

Ask me questions while you tour the home.