$588,000
SOLD AUG 22, 2016
1 Bed
2 Baths
745 Sq Ft
5,433 Sq Ft Lot

Recently Sold

$789 Per Sq Ft

6 Days on Market

Highlights

  • RV Access or Parking
  • Gated Home
  • Wood Siding
  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

As of April 2023

Zoned high density residential. Amazing duplex close to the redevelopment zone and great investor opportunity or first time home owner! West of 5 and just blocks to the beach. Current owners have submitted plans to the City to build a 3 bed 2 bath home with a 2 bedroom 2 bath detached unit in the back, they are awaiting final approval. Live in the current units and rent the other, rent them both or develop the property! The choice is yours! Plans and all documentation will be provided to the lucky owner. Amazing duplex, great investor opportunity or first time home owner! West of 5 and just blocks to Oceanside Pier, the beach, SD Coaster Train, shops and downtown Oceanside. Unit B is the larger of the 2 units with a spacious living area and a partitioned bedroom area. Unit A has living and sleeping accommodation in the same area. Both units have ample kitchen space with stove and refrigerator. The property is fenced with large private, serene yard and can be accessed from the alley where parking is available. Live in one and rent out the other unit either as a traditional rental or an "Air B&B." Located on a lovely street in South Oceanside. Buyers must contact the City of Oceanside to verify the zoning information. The owners have spent approximately $15,000 on plan submission with the City. The plans submitted are for 2 units, the front home is a 3 bed 2 bath 1,236 s/f and the back unit is 2 bed 2 bath 880 s/f apartment above a 4 car garage. Currently rents are low for the area, with a little love these units should rent for $1,300 each! Information deemed to be reliable but not guaranteed. Please do not disturb tenants.

Last Agent to Sell the Property

Ryan Ferrelli

Ferrelli & Associates License #01426000 Listed on: 07/13/2016

Last Buyer's Agent

Peter Bolane

ERA Ranch & Sea Realty License #01953121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,473

Year Built

  • Built in 1948

Lot Details

  • 5,433 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Parking

  • Alley Access
  • RV Access or Parking

Schools

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

Utilities

  • Baseboard Heating
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Sprinkler System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 150-055-05-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $20,805

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,473

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Michigan and Missouri
  • Neighborhood: Seaside
  • Supplement: Amazing duplex, great investor opportunity or first time home owner! West of 5 and just blocks to Oceanside Pier, the beach, SD Coaster Train, shops and downtown Oceanside. Unit B is the larger of the 2 units with a spacious living area and a partitioned bedroom area. Unit A has living and sleeping accommodation in the same area. Both units have ample kitchen space with stove and refrigerator. The property is fenced with large private, serene yard and can be accessed from the alley where parking is available. Live in one and rent out the other unit either as a traditional rental or an "Air B&B." Located on a lovely street in South Oceanside. Buyers must contact the City of Oceanside to verify the zoning information. The owners have spent approximately $15,000 on plan submission with the City. The plans submitted are for 2 units, the front home is a 3 bed 2 bath 1,236 s/f and the back unit is 2 bed 2 bath 880 s/f apartment above a 4 car garage. Currently rents are low for the area, with a little love these units should rent for $1,300 each! Information deemed to be reliable but not guaranteed. Please do not disturb tenants.
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1948
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco, Wood
  • Fencing: Full, Gate
  • Roof: Composition

Garage/Parking

  • Parking for RV: On-Site Parking

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Baseboard

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: OCEANSIDE

Schools

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

Lot Info

  • Irrigation: Drip, Sprinklers
  • Lot Size: 4,000-7,499 SF
  • Site: Alley Access, Curbs, Sidewalks, Street Paved
  • Topography: Level
  • Water District: CITY OF OCEANSIDE
  • Zoning: HD-R
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 150-055-05-00
  • Land Use Code: 3
  • Estimated Lot Sq Ft: 5433
  • Water District URL: http://www.ci.oceanside.ca.us/WaterUtilities/Default.asp
  • Estimated Number of Acres: 0.1247
  • Map Code Column: B
  • Map Code Page: 1106
  • Map Code Row: 1

Rental Info

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

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 20805
  • Annual Expense Actual: 3200
  • Gross Sched Income Actual: 24000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 19, 2023
Sold by
Pham Linh Thi and Pham Thi
Bought by
Pham Linh Thi and Pham Thi
Seller's Agent
Peter Bolane
ERA Ranch & Sea Realty
Buyer's Agent
Lisa Waltman
Compass
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%
Views
46
Current Estimated Value
$1,185,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,008
Avg. Annual Appreciation
4.73%
Original Mortgage
$600,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 7, 2023
Sold by
New Direction Ira Inc
Bought by
Pham Linh Thi and Pham Thi
Seller's Agent
Peter Bolane
ERA Ranch & Sea Realty
Buyer's Agent
Lisa Waltman
Compass
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2023
Closed on
Apr 6, 2023
Sold by
Nguyen Thanh-Dung
Bought by
Pham Thi
Seller's Agent
Peter Bolane
ERA Ranch & Sea Realty
Buyer's Agent
Lisa Waltman
Compass
List Price
$950,000
Sold Price
$1,000,000
Premium/Discount to List
$50,000
5.26%
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2016
Closed on
Aug 16, 2016
Sold by
Boghoussian Anita and Boghoussian Remond
Bought by
New Direction Ira Inc
Seller's Agent
Ryan Ferrelli
Ferrelli & Associates
Buyer's Agent
Peter Bolane
ERA Ranch & Sea Realty
List Price
$588,000
Sold Price
$588,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%
Original Mortgage
$275,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 22, 2014
Sold by
Charfauros Raymund and Charfauros Carla
Bought by
Boghoussian Remond and Boghoussian Anita
Seller's Agent
Margie Divine
Pacific Pinnacle R.E. Services
Buyer's Agent
Ryan Ferrelli
Ferrelli & Associates
List Price
$498,000
Sold Price
$425,000
Premium/Discount to List
-$73,000
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Tsoukatos John and Kidnew Vivian
Bought by
Charfauros Raymund and Charfauros Carla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,850
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2006
Sold by
Tsoukatos John and Kidnew Vivian
Bought by
Tsoukatos John and Kidnew Vivian

Purchase Details

Closed on
Mar 18, 2004
Sold by
Oxley John D
Bought by
Tsoukatos John and Kidnew Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.07%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 31, 1999
Sold by
Roehl Stanley P
Bought by
Oxley John D

Purchase Details

Closed on
May 10, 1996
Sold by
Bosley Kathleen
Bought by
Roehl Stanley P

Purchase Details

Closed on
Jan 29, 1988
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- First American Title
Grant Deed $1,000,000 First American Title
Deed -- First American Title
Grant Deed $588,000 Title365 Company
Grant Deed $425,000 First American Title Company
Grant Deed $355,500 First American Title Ins Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $420,000 First American Title
Grant Deed -- First American Title
Grant Deed -- --
Deed $91,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 New Conventional
Previous Owner $275,000 Adjustable Rate Mortgage/ARM
Previous Owner $248,850 New Conventional
Previous Owner $350,500 Unknown
Previous Owner $333,700 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2023 04/24/23 Sold $1,000,000 +5.3% $1,355 / Sq Ft
03/26/2023 03/26/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $950,000 +61.6% $1,287 / Sq Ft
08/22/2016 08/22/16 Sold $588,000 0.0% $789 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $588,000 +38.4% $789 / Sq Ft
06/06/2014 06/06/14 Sold $425,000 -14.7% $574 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $498,000 -- $673 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

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 $11,473 $1,040,400 $832,320 $208,080
2024 $11,473 $1,020,000 $816,000 $204,000
2023 $7,316 $655,921 $446,206 $209,715
2022 $7,206 $643,060 $437,457 $205,603
2021 $7,235 $630,452 $428,880 $201,572
2020 $7,011 $623,989 $424,483 $199,506
2019 $6,808 $611,755 $416,160 $195,595
2018 $6,736 $599,760 $408,000 $191,760
2017 $70 $588,000 $400,000 $188,000
2016 $4,900 $440,099 $119,085 $321,014
2015 $4,758 $433,490 $117,297 $316,193
2014 $3,930 $364,255 $112,709 $251,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 160038423

San Diego MLS

APN: 150-055-05