NOT LISTED FOR SALE
5 Beds
3 Baths
2,500 Sq Ft
8,812 Sq Ft Lot

Last Sold January 26, 2024

Last sale price $2,300,000 $920 Per Sq Ft

3 Days on Market

Highlights

  • Laundry Facilities
  • Partially Fenced Property
  • West of 5 Freeway
  • Buena Vista Elementary Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of January 2024

Amazing coastal Triplex located less than half a mile from the ocean with development potential. This triplex is situated on a large 8,812 square foot lot. It features two 2-bedroom units and one 1-bedroom unit. There is a common laundry room, common storage room, each unit has separate water heaters. Each unit has been remodeled. There is assigned parking for each unit along with off street parking. Great investment opportunity for exclusive downtown Carlsbad Village! All units have been updated and remodeled.

Last Agent to Sell the Property

Robin Etheridge

The Graf Group License #01251670 Listed on: 12/28/2023

Last Buyer's Agent

Tony Pearson

Cashin Company License #00522537

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,812 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Composition Roof

Schools

  • Carlsbad Unified School District Elementary And Middle School
  • Carlsbad Unified School District High School

Utilities

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

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 203-102-12-00

Community Details

Overview

  • 3 Units
  • Seaside Lands Community

Additional Features

  • Laundry Facilities
  • Net Operating Income $7,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Laguna Dr
  • Neighborhood: Carlsbad Village
  • Stories: 1 Story
  • Sale Price List Price: 0.92
  • Total Stories: 1
  • Year Built: 1978
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 2
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Seaside Lands
  • Community: CARLSBAD WEST
  • Complex Features: Laundry Facilities
  • Manager Name: Graf Property Management
  • Manager Phone: 760-721-4442

Schools

  • School District URL: http://www.carlsbadusd.k12.ca.us/
  • Elementary School: Carlsbad Unified School District
  • Elementary School Website: http://www.carlsbadusd.k12.ca.us/
  • High School: Carlsbad Unified School District
  • Middle School Url: http://www.carlsbadusd.k12.ca.us/
  • Middle School: Carlsbad Unified School District

Lot Info

  • Irrigation: Automatic, Sprinklers
  • Lot Size: 7,500-10,889 SF
  • Site: Curbs, Public Street, Street Paved, West of I-5
  • Topography: Level
  • Water District: CARLSBAD MUNICIPAL WATER DISTRI
  • Zoning: VG
  • Assessor Parcel Number: 203-102-12-00
  • Estimated Lot Sq Ft: 8812
  • Estimated Number of Acres: 0.2

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 7000
  • Annual Expense Actual: 2112
  • Gross Rent Multiplier Actual: 3.0
  • Gross Sched Income Actual: 4795
  • Gross Sched Income Projected: 9495
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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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
01/26/2024 01/26/24 Sold $2,300,000 -8.0% $920 / Sq Ft
01/01/2024 01/01/24 Pending -- -- --
12/28/2023 12/28/23 For Sale $2,500,000 -- $1,000 / 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: 230024422

San Diego MLS

APN: 203-102-12-00