NOT LISTED FOR SALE
6 Beds
6 Baths
2,976 Sq Ft
4,705 Sq Ft Lot

Sale Details

Date Sold: February 24, 2025

Last sale price $2,200,000 $739 Per Sq Ft

12 Days on Market

Highlights

  • Ocean View
  • Bike Trail
  • Wall Furnace
  • No HOA
  • Laundry Facilities

About This Home

As of February 2025

6-unit apt bldg with estimated 50% rent upside and substantially greater if utilized as STVRs. One block from Pacific Ocean in the heart of Oceanside's sizzling Coastal and Redevelopment Zones, just steps to world-renowned surfing, iconic historic pier, luxury hotels, award-winning restaurants, fun nightlife, and train station with easy access to San Diego and L.A.. Property has great white-water ocean view opportunities with current view from exterior spaces. All units are 1-bed, 1-bath approximately 500 sf, three have been recently updated, the others updated over the years. Four units are month-to-month; one has 12-month lease til August; one is family occupied. Very strong rental market. Building has gated entrance, dual-pane windows throughout, 3 reserved parking spaces off the alley plus one 1-car garage. Property is zoned R-4. Per City website non-hosted short-term rentals are allowed in the Coastal Zone.

Last Agent to Sell the Property

Robyn Goodkind

Goodkind Properties Brokerage Email: RGoodkind@gmail.com License #01702897 Listed on: 01/21/2025

Last Buyer's Agent

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 4,705 Sq Ft Lot
  • Two or More Common Walls
  • Value in Land

Parking

  • 1 Car Garage
  • 3 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Parking Lot
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,976 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for telephone
  • Tax Lot 11/4
  • Tax Tract Number 218
  • Assessor Parcel Number 1500750400
  • $103 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Recreation

  • Water Sports
  • Bike Trail

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,414
  • Trash Expense $1,350
  • Water Sewer Expense $5,394
  • Operating Expense $61,443
  • Gross Income $108,600
  • Net Operating Income $32,077

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

4,705 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 5394.00
  • Zoning: R-4
  • Property Type: Residential Income
  • Parcel Number: 1500750400
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 739.25

Exterior Features

  • View: Ocean
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage Faces Rear, Garage - Single Door, On Site, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1350.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban, Biking, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Value In Land
  • Lot Size Sq Ft: 4705.00
  • Lot Size Acres: 0.1080

Rental Info

  • Tenant Pays: Telephone

Multi Family

  • Gross Income: 108600.00
  • Gross Scheduled Income: 180000.00
  • Insurance Expense: 1414.00
  • Lot Size Area: 4705.0000 Square Feet
  • Net Operating Income: 32077.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 6
  • Number With Refrigerator: 6
  • Operating Expense: 61443.00
  • Rent Control: No
  • Total Actual Rent: 9050.00
  • Total Expenses: 61443.00

Tax Info

  • Tax Lot: 11/4
  • Tax Tract Number: 000218
  • TaxOtherAnnualAssessmentAmount: 103.22

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
Jan 21, 2025
Closed on
Mar 25, 2025
Sold by
Oceanside Portfolio Llc
Bought by
Seller's Agent
Robyn Goodkind
Goodkind Properties
Buyer's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
List Price
$2,890,000
Sold Price
$2,200,000
Premium/Discount to List
-$690,000
-23.88%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,998,400
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 21, 2025
Closed on
Feb 11, 2025
Sold by
Elinor J Showalter May 1 2018 Trust and Showalter Elinor J
Bought by
Oceanside Portfolio Llc
Seller's Agent
Robyn Goodkind
Goodkind Properties
Buyer's Agent
Angelo La Bruna
Apartment Realty Group (ARG)
List Price
$2,890,000
Sold Price
$2,200,000
Premium/Discount to List
-$690,000
-23.88%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,998,400
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2018
Sold by
Showalter Elinor J
Bought by
Showalter Elinor J and The Elinor J Showalter Trust

Purchase Details

Closed on
Jul 16, 2002
Sold by
Showalter Charles I
Bought by
Showalter Charles I and Showalter Elinor J

Purchase Details

Closed on
Jul 7, 1983
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$2,440,000 First American Title
Oceanside Portfolio Llc $2,200,000 First American Title
Showalter Elinor J -- None Available
Showalter Charles I -- --
Showalter Charles I -- --
-- $240,000 --
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
Previous Owner $1,998,400
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
02/24/2025 02/24/25 Sold $2,200,000 -12.0% $739 / Sq Ft
02/07/2025 02/07/25 Price Changed $2,499,900 -13.5% $840 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $2,890,000 -- $971 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2026 $7,030 $2,488,800 $2,060,400 $428,400
2025 $7,030 $619,239 $365,921 $253,318
2024 $6,895 $607,098 $358,747 $248,351
2023 $6,683 $595,195 $351,713 $243,482
2022 $6,582 $583,525 $344,817 $238,708
2021 $6,607 $572,084 $338,056 $234,028
2020 $6,405 $566,219 $334,590 $231,629
2019 $6,221 $555,118 $328,030 $227,088
2018 $6,155 $544,235 $321,599 $222,636
2017 $6,042 $533,565 $315,294 $218,271
2016 $5,845 $523,104 $309,112 $213,992
2015 $5,676 $515,247 $304,469 $210,778
2014 $5,459 $505,155 $298,505 $206,650
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2500682

California Regional Multiple Listing Service (CRMLS)

APN: 150-075-04-00

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