NOT LISTED FOR SALE
6 Beds
5 Baths
2,873 Sq Ft
1971 Built

Sale Details

Date Sold: May 8, 2020

Last sale price $1,500,000 $522 Per Sq Ft

49 Days on Market

Highlights

  • Laundry Facilities
  • Cross Fenced
  • Wood Siding

About This Home

As of May 2020

321 Ditmar consists of a front 2 bed/1 bath house and 3 units behind it, a 2 bed/2 bath and two 1 bed/1 bath. There is laundry on site as a tenant amenity, two double wide garages with new doors and parking for four. The property sits a mere five blocks from the ocean and approximately eight blocks away from Oceanside's Pier. 321 S Ditmar has been immaculately maintained over the years through pride of ownership and upgrades. NOI approx 60k/ year. Please do not walk on the property or disturb the tenants.

Last Agent to Sell the Property

Brendan Flynn

South Coast Commercial, Inc. License #01933302 Listed on: 01/13/2020

South Coast Commercial, Inc.

Last Buyer's Agent

David Demangos

eXp Realty of California, Inc License #01905183

eXp Realty of California, Inc
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Home Design

  • Composition Roof
  • Wood Siding

Additional Features

  • 2-Story Property
  • Cross Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 150-055-10-00

Community Details

Overview

  • 3 Buildings
  • 4 Units

Additional Features

  • Laundry Facilities
  • Net Operating Income $59,654

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Missouri
  • Neighborhood: Seaside
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • Total Stories: 2
  • Year Built: 1971
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Condo/Co-op/Association

  • Community: OCEANSIDE
  • Complex Features: Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-4
  • Assessor Parcel Number: 150-055-10-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 59654
  • Gross Rent Multiplier Actual: 18.5
  • Number Of Buildings: 3
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

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
Apr 25, 2022
Sold by
Bought by

Purchase Details

Listed on
Jan 13, 2020
Closed on
May 7, 2020
Sold by
Bought by
Seller's Agent
Brendan Flynn
South Coast Commercial, Inc.
Buyer's Agent
David Demangos
eXp Realty of California, Inc
List Price
$1,600,000
Sold Price
$1,500,000
Premium/Discount to List
-$100,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2016
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
$723,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 2011
Sold by
Bought by

Purchase Details

Closed on
May 1, 2007
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
$776,000
Interest Rate
6.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2001
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2000
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
$152,100
Interest Rate
7.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 1997
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 1988

Purchase Details

Closed on
Jul 25, 1985

Purchase Details

Closed on
Mar 26, 1984

Purchase Details

Closed on
Mar 31, 1983
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,500,000 Ticor Title Sd Commercial
-- First American Title
-- First American Title
-- Accommodation
-- None Available
$970,000 Commonwealth Land Title Co
-- --
-- New Century Title Company
-- Commonwealth Land Title Co
$230,000 Commonwealth Land Title Co
$240,000 --
$78,000 --
$75,000 --
$65,600 --
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 $1,189,000
Previous Owner $1,200,000
Previous Owner $723,000
Previous Owner $779,600
Previous Owner $776,000
Previous Owner $460,000
Previous Owner $212,000
Previous Owner $245,000
Previous Owner $152,100
Previous Owner $30,000
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
05/08/2020 05/08/20 Sold $1,500,000 -6.3% $522 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $1,600,000 -- $557 / 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 $18,432 $1,673,272 $1,204,757 $468,515
2025 $18,081 $1,640,464 $1,181,135 $459,329
2024 $18,081 $1,608,299 $1,157,976 $450,323
2023 $17,524 $1,576,765 $1,135,271 $441,494
2022 $17,260 $1,545,849 $1,113,011 $432,838
2021 $17,328 $1,515,539 $1,091,188 $424,351
2020 $13,321 $1,188,239 $771,743 $416,496
2019 $11,667 $1,050,000 $711,000 $339,000
2018 $11,772 $1,050,000 $711,000 $339,000
2017 $9,558 $850,000 $576,000 $274,000
2016 $8,332 $750,000 $509,000 $241,000
2015 $7,453 $680,000 $462,000 $218,000
2014 $6,724 $625,000 $425,000 $200,000
Source: Public Records

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Map

Source: San Diego MLS

MLS Number: 200002108

San Diego MLS

APN: 150-055-10-00

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