$2,645,000
$50K PRICE DROP

Estimated payment $16,291/month

Total Views 30,878
5 Beds
5 Baths
3,130 Sq Ft
$845 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: 845.05

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $24,042 $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

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
06/03/2026 06/03/26 Price Changed $2,645,000 -1.9% $845 / 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

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