NOT LISTED FOR SALE
6 Beds
3 Baths
2,840 Sq Ft
5,001 Sq Ft Lot

Sale Details

Date Sold: June 24, 2021

Last sale price $1,450,000 $511 Per Sq Ft

119 Days on Market

About This Home

As of June 2021

Great opportunity to own income property on the coast!! Currently rented out as 3, 2 bedroom, 1 bath units. All tenants are long term, wonderful tenants. Close walk to beaches, restaurants, harbor & Coastal Trail. Great potential! Back yard could be landscaped into beautiful shared space. All rents current!

Last Agent to Sell the Property

Moriah Bettencourt

Del Mar Properties License #01497167 Listed on: 12/10/2020

Co-Listed By

Carole Delmar

Del Mar Properties License #00836051

Last Buyer's Agent

Bistra Bejanski

Compass License #01945019

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 5,001 Sq Ft Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 2,840 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $78,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $50
  • Insurance Expense $2,195
  • Maintenance Expense $3,000
  • Manager Expense $3,060
  • Utility Expense $550
  • Operating Expense $15,581
  • Gross Income $78,000

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Living Sq Ft: 2840
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: No Garage, Off-Street Parking
  • Carport Min: 2

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.94
  • Number Of Leased: 3

Multi Family

  • Utilities: Natural Gas
  • Expense Insurance: 2195
  • Expense Landscape: 50
  • Expense Maintenance: 3000
  • Expense Management: 3060
  • Expenses Total: 15581
  • Expenses Utility: 550
  • Income Annual Gross: 78000.00
  • Income Annual Rental: 78000
  • Income Gross Scheduled: 78000
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities
  • Tenant Expenses: Services - Trash Removal
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
06/24/2021 06/24/21 Sold $1,450,000 +3.6% $511 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/02/2021 03/02/21 Price Changed $1,399,000 -12.0% $493 / Sq Ft
12/10/2020 12/10/20 For Sale $1,590,000 -- $560 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81822964

MLSListings
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