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

Sale Details

Date Sold: January 26, 2024

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

3 Days on Market

Highlights

  • Forced Air Heating System
  • Partially Fenced Property
  • Wood Siding
  • Laundry Facilities
  • Level Lot
  • West of 5 Freeway

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 Graff 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
  • Wood Siding

Schools

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

Utilities

  • Forced Air Heating System
  • 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

8,812 Sq Ft Lot

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
  • Gross Rent Multiplier Actual: 3.0
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

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

Closed on
May 30, 2024
Sold by
Bought by

Purchase Details

Listed on
Dec 28, 2023
Closed on
Jan 10, 2024
Sold by
Bought by
Seller's Agent
Robin Etheridge
The Graff Group
Buyer's Agent
Tony Pearson
Cashin Company
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Views
40

Purchase Details

Closed on
Apr 5, 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
$220,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 30, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$2,300,000 Fidelity National Title
$286,500 South Coast Title Co
-- --
-- --
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 $220,000
Previous Owner $220,000
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
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

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 $25,380 $2,392,920 $2,080,800 $312,120
2025 $4,758 $2,346,000 $2,040,000 $306,000
2024 $4,758 $440,319 $219,776 $220,543
2023 $4,733 $431,686 $215,467 $216,219
2022 $4,660 $423,223 $211,243 $211,980
2021 $4,625 $414,925 $207,101 $207,824
2020 $4,594 $410,672 $204,978 $205,694
2019 $4,512 $402,620 $200,959 $201,661
2018 $4,323 $394,726 $197,019 $197,707
2017 $91 $386,987 $193,156 $193,831
2016 $4,079 $379,400 $189,369 $190,031
2015 $4,063 $373,702 $186,525 $187,177
2014 $3,997 $366,383 $182,872 $183,511
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

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