NOT LISTED FOR SALE

3492 Garfield St Carlsbad, CA 92008

6 Beds
6 Baths
2,940 Sq Ft
5,703 Sq Ft Lot

Last Sold July 24, 2017

Last sale price $1,415,001 $481 Per Sq Ft

18 Days on Market

Highlights

  • Property is Fully Fenced
  • Carlsbad High School Rated A
  • 1-minute walk to Tamarack Surf Beach

About This Home

As of July 2017

Location of this rare 3 unit offering is highly desirable for many uses. This property has been family owned and never on market since 1965. Flexible use property including keeping as a highly desirable rental property, high revenue vacation rentals or building a project of your dreams just a short block to the ocean. Units are original condition and a blank canvas for your creativity. Lifestyle benefits of location are endless with a peaceful courtyard on the property for enjoyment of all. The lot is an almost symmetrical 45'x125' lot for just over 5,700 square feet. The units are all identical in floor plan. 2 bedrooms split by common full bathroom. Master bedroom features a private half bathroom. The complex features almost 1,000 square feet of garage space that can be leveraged for increased revenue. Zoned R-3.

Last Listed By

Alan Kinzel

Compass License #01925565 Listed on: 05/08/2017

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,703 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Wood Roof

Interior Spaces

  • 2-Story Property

Listing and Financial Details

  • Tenant pays for cable TV
  • Assessor Parcel Number 204-150-29-00

Community Details

Overview

  • 2 Buildings
  • 3 Units
  • Palisades Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $29,784

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Tamarack Ave
  • Neighborhood: Palisades
  • Supplement: The lot is an almost symmetrical 45'x125' lot for just over 5,700 square feet. The units are all identical in floor plan. 2 bedrooms split by common full bathroom. Master bedroom features a private half bathroom. The complex features almost 1,000 square feet of garage space that can be leveraged for increased revenue. Zoned R-3.
  • LP / Sq Ft: 19.76
  • Stories: 2 Story
  • Sale Price List Price: 1.09
  • Total Stories: 2
  • Year Built: 1965
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Full
  • Roof: Wood

Condo/Co-op/Association

  • Complex Name: Palisades
  • Pets Allowed: Yes
  • Community: CARLSBAD WEST
  • Manager Name: Owner

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-3
  • Assessor Parcel Number: 204-150-29-00
  • Land Use Code: R3
  • Estimated Lot Dimensions: 45x125
  • Estimated Lot Sq Ft: 5703
  • Estimated Number of Acres: 0.13

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 29784
  • Annual Expense Actual: 6216
  • Annual Expense Projected: 6216
  • Gross Rent Multiplier Actual: 2.75
  • Gross Rent Multiplier Projected: 5.5
  • Gross Sched Income Actual: 36000
  • Gross Sched Income Projected: 72000
  • Number Of Buildings: 2
  • Number Of Units With Garage: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Sold $1,415,001 +8.8% $481 / Sq Ft
05/22/2017 05/22/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $1,300,000 -- $442 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Alan Kinzel

    Seller's Agent in 2017

    Alan Kinzel

    Compass

    (619) 606-8188

    3 in this area

    59 Total Sales

    Alan Kinzel
    Section Image
  • Maryellen McMahon

    Seller Co-Listing Agent in 2017

    Maryellen McMahon

    Douglas Elliman of California, Inc.

    (619) 252-4778

    28 Total Sales

    Maryellen McMahon
    Section Image

  • C

    Buyer's Agent in 2017

    Chris Trevor

    Green Banker Realty

  • S

    Buyer's Agent in 2017

    Shawn Grover

    Grover Realty, Inc

    (760) 730-3558

    2 in this area

    9 Total Sales

    Shawn Grover
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 170023504

San Diego MLS

APN: 204-150-29-00

California San Diego County Carlsbad 92008

3492 Garfield St, Carlsbad, CA

Homes for Sale in Carlsbad, CA

This home is located at 3492 Garfield St, Carlsbad, CA 92008 since 08 May 2017. This property was built in 1965. 3492 Garfield St is a home located in San Diego County with nearby schools including Carlsbad High School, Sage Creek High, and St. Patrick Catholic School.

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