NOT LISTED FOR SALE
5 Beds
3 Baths
1,553 Sq Ft
1938 Built

Sale Details

Date Sold: January 3, 2023

Last sale price $1,600,000 $1,030 Per Sq Ft

39 Days on Market

Highlights

  • Park or Greenbelt View
  • Tankless Water Heater
  • Forced Air Heating and Cooling System
  • Magnolia Elementary Rated A
  • 1-Story Property
  • 3-minute walk to Holiday Park

About This Home

As of January 2023

Rare Find! Just remodeled 3 plex in 92008 Carlsbad that's been city inspected, fully permitted, only 1 mile from beach, & 10 mins from Camp Pendleton! Front yard is directly across from Holiday Park, w/ BBQ's, open grassy picnic areas, volleyball court, playground, & walking distance to Carlsbad Village! Projected rents for permitted 1,553 sf of living space is $120k per year, or live in one & rent out others. Main beach cottage style home is 3/1 approx. 650, and other two homes are 1 bedroom, 1 bath. All homes have separate laundry hook ups, separate tankless water heaters, quartz countertops, tile showers, luxury vinyl / wood flooring, new paint, new fixtures, new stainless appliances, new kitchen & bath cabinets, along with 3 new heat and A/C units! These homes have been given a new life from top to bottom, are close to all, and Move in Ready!

Last Agent to Sell the Property

Michael Montijo

LPT Realty, Inc License #02052028 Listed on: 11/02/2022

LPT Realty, Inc

Last Buyer's Agent

Sal Sorrentino

Keller Williams Realty License #00494542

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1938

Home Design

  • Wood Roof
  • Tar and Gravel Roof
  • Composition Roof
  • Wood Siding
  • Stucco Exterior

Interior Spaces

  • 1-Story Property
  • Park or Greenbelt Views

Lot Details

  • Property fronts a freeway
  • Property is Fully Fenced

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, hot water
  • Assessor Parcel Number 205-112-3300

Community Details

Overview

  • 3 Buildings
  • 3 Units

Recreation

  • Trails

Additional Features

  • Laundry Facilities
  • Net Operating Income $95,340

Property Details

Home Type

Multi-Family

Year Built

1938

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal North
  • Cross Street: Chestnut Ave, Basswood
  • Neighborhood: Carlsbad
  • LP / Sq Ft: 18.83
  • Stories: 1 Story
  • Sale Price List Price: 0.89
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Exterior Features

  • Exterior Material: Stucco, Wood
  • Fencing: Full
  • Frontage: Freeway
  • Roof: Composition, Rock/Gravel, Wood
  • View: Greenbelt

Utilities

  • Cooling: Central Forced Air
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Tankless
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: CARLSBAD WEST
  • Complex Features: Biking/Hiking Trails, Laundry Facilities

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Public Street, Sidewalks, Street Paved
  • Assessor Parcel Number: 205-112-3300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Hot Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 95340
  • Gross Rent Multiplier Actual: 19.8
  • Gross Rent Multiplier Projected: 19.8
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 1
  • Number Of Units With Washers: 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

Listed on
Nov 2, 2022
Closed on
Dec 20, 2022
Sold by
Bought by
Seller's Agent
Michael Montijo
LPT Realty, Inc
Buyer's Agent
Sal Sorrentino
Keller Williams Realty
List Price
$1,895,000
Sold Price
$1,600,000
Premium/Discount to List
-$295,000
-15.57%
Views
21

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 15, 2022
Sold by
Bought by
Seller's Agent
Steve Caudill
Keller Williams Realty
Buyer's Agent
Steve Caudill
Keller Williams Realty
List Price
$899,888
Sold Price
$950,000
Premium/Discount to List
$50,112
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.34%
Original Mortgage
$990,900
Interest Rate
0.0369%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 3, 2022
Closed on
Feb 11, 2022
Sold by
Bought by
Seller's Agent
Steve Caudill
Keller Williams Realty
Buyer's Agent
Steve Caudill
Keller Williams Realty
List Price
$899,888
Sold Price
$950,000
Premium/Discount to List
$50,112
5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,900
Interest Rate
0.0369%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 17, 2004
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
$500,000
Interest Rate
0.0569%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2003
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
$289,500
Interest Rate
0.0527%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 17, 2001
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
$290,700
Interest Rate
0.0625%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 1988
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
$1,600,000 Ticor Title
$1,101,000 Ticor Title
$950,000 Fidelity National Title
$625,000 Equity Title Company
-- Fidelity National Title Co
-- Chicago Title Co
-- Chicago Title Co
$323,000 Chicago Title Co
$130,100 --
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
Open $1,214,000
Previous Owner $990,900
Previous Owner $705,000
Previous Owner $406,000
Previous Owner $500,000
Previous Owner $289,500
Previous Owner $290,700
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 Prior Sale
01/03/2023 01/03/23 Sold $1,600,000 -10.9% $1,030 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
11/28/2022 11/28/22 Price Changed $1,795,000 -5.3% $1,156 / Sq Ft
11/02/2022 11/02/22 For Sale $1,895,000 +99.5% $1,220 / Sq Ft
02/24/2022 02/24/22 Sold $950,000 +5.6% $633 / Sq Ft View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $899,888 -- $600 / 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
2025 $18,029 $1,664,640 $1,362,924 $301,716
2024 $17,412 $1,632,000 $1,336,200 $295,800
2023 $12,786 $1,179,020 $1,010,820 $168,200
2022 $9,134 $837,334 $669,868 $167,466
2021 $9,066 $820,917 $656,734 $164,183
2020 $9,005 $812,500 $650,000 $162,500
2019 $7,999 $720,000 $530,000 $190,000
2018 $7,060 $650,000 $479,000 $171,000
2017 $90 $650,000 $479,000 $171,000
2016 $6,667 $625,000 $461,000 $164,000
2015 $6,740 $625,000 $461,000 $164,000
2014 $6,331 $585,000 $432,000 $153,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 220027257

San Diego MLS

APN: 205-112-33-00

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