$1,194,000
$21K PRICE DROP

Estimated payment $7,983/month

Total Views 91,832
-- Bed
-- Bath
2,249 Sq Ft
$531 Price per Sq Ft

Highlights

  • Park
  • Laundry Room
  • No Heating
  • San Marcos High School Rated A

About This Home

This charming home has wonderful street presence and is located on a double cul-de-sac next to open space and Buddhist center, which plans to keep an open space buffer. AND... peek-a-boo ocean views from loft and primary bath with full distant ocean views from the backyard deck. Beautiful sunsets! Just minutes to the beach directly on Palomar Airport Road. This home has a great floor plan! It is open with a great entertaining family room which easily holds two TVs. Loft area is great for privacy or as a play area. Mini Office built-in off the living room is set up for two to work from home easily. Home is full of important upgrades for the future including: Solar with Tesla Panels and Batteries so even if the grid goes down the house stays powered by the solar batteries (if you do not have batteries and the grid goes down, you no longer have access to your solar power). A 550 gallon rain catcher that can be used to water and fill the pool or any other needs. 1" of rain has the barrel overflowing and 1/2 inch fills 440 gallons! The landscaping drip system pulls from district water. The clothes washer is set up so the grey water can run to water the citrus trees and hydrangeas or turned to run to the sewer. The deck has a stock pool tank set up with a filter just like a regular pool, 10 ft round, 18 inches deep and fully fenced. Backyard features included raised garden beds fitted with automatic drip watering, and a dog run. All 3 toilets have bidet attachments. Bathrooms, entry from garage, and laundry room have ceramic tile floors. Upstairs bathrooms and kitchen have granite counters. Primary Master has 2 walk in closets, separate soaking tub, standing shower, and water closet. Flooring throughout the house is a light oak laminate, installed September 2022.

Listing Agent

Kyle Belding

Del Mar Realty Assoc.,Inc License #01202788 Listed on: 04/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,645

Year Built

  • Built in 2011

Lot Details

  • 10,019 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,249 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Tax Lot 2195600100
  • Tax Tract Number 15412
  • Assessor Parcel Number 2195600100
  • $3,386 per year additional tax assessments

Community Details

Recreation

  • Park

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $118
  • Trash Expense $33
  • Operating Expense $987
  • Gross Income $60,900
  • Net Operating Income $49,044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,645

Year Built

Built in 2011

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 5.00
  • Price Per Unit: 1194000
  • Property Attached: No
  • View: No
  • Zoning: R-1:SINGLE FAM-RES
  • Property Type: Residential Income
  • Parcel Number: 2195600100
  • Year Built: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 530.90

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 33.00

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 9,823
  • Lot Size Sq Ft: 10018.80
  • Lot Size Acres: 0.2300

Multi Family

  • Gross Income: 60900.00
  • Gross Scheduled Income: 60900.00
  • Insurance Expense: 118.00
  • Lot Size Area: 0.2300 Acres
  • Net Operating Income: 49044.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Operating Expense: 11856.00
  • Rent Control: Yes
  • Total Expenses: 986.99

Tax Info

  • Tax Lot: 2195600100
  • Tax Tract Number: 015412
  • TaxOtherAnnualAssessmentAmount: 3385.60

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $14,645 $1,040,400 $624,240 $416,160
2024 $14,645 $1,020,000 $612,000 $408,000
2023 $11,920 $790,715 $244,045 $546,670
2022 $11,674 $775,211 $239,260 $535,951
2021 $11,491 $760,012 $234,569 $525,443
2020 $9,430 $583,980 $180,239 $403,741
2019 $9,310 $572,530 $176,705 $395,825
2018 $9,025 $561,305 $173,241 $388,064
2017 $8,862 $550,300 $169,845 $380,455
2016 $8,726 $539,511 $166,515 $372,996
2015 $8,621 $531,408 $164,014 $367,394
2014 $7,151 $414,974 $128,078 $286,896
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $1,194,000 -1.7% $531 / Sq Ft
05/02/2025 05/02/25 For Sale $1,215,000 +21.5% $540 / Sq Ft
01/05/2023 01/05/23 Sold $1,000,000 -9.0% $445 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
11/22/2022 11/22/22 Price Changed $1,099,000 -4.0% $489 / Sq Ft
11/16/2022 11/16/22 For Sale $1,145,000 +50.7% $509 / Sq Ft
07/20/2020 07/20/20 Sold $760,000 +1.5% $338 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $749,000 +43.5% $333 / Sq Ft
04/04/2014 04/04/14 Sold $522,000 0.0% $232 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
02/19/2014 02/19/14 For Sale $522,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 First American Title
Quit Claim Deed -- First American Title
Quit Claim Deed -- First American Title
Quit Claim Deed -- First American Title
Interfamily Deed Transfer -- Accommodation
Grant Deed $760,500 First American Title
Grant Deed $522,000 Lawyers Title Company
Grant Deed $405,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $439,000 New Conventional
Previous Owner $394,733 FHA
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2504218

California Regional Multiple Listing Service (CRMLS)

APN: 219-560-01