NOT LISTED FOR SALE
9 Beds
8 Baths
4,097 Sq Ft
0.37 Acres

Last Sold September 28, 2023

Last sale price $1,779,000 $434 Per Sq Ft

47 Days on Market

Highlights

  • 0.37 Acre Lot
  • Den
  • Ceiling Fan
  • Stone Countertops
  • Tile Flooring
  • Coin Laundry

About This Home

As of September 2023

Dont miss your chance to own this beautiful four unit income property in Oceanside. Well-suited for 1031 Exchangers, investors or even first-time homebuyers, live in one unit and collect rent income on the rest. This four unit property has a 3BD/2BTH detached house with an attached two car garage and the additional three units are all 2BD/2BTH with covered parking. Laminated flooring throughout, double paned windows and plenty of windows bringing natural lighting to the units. Some units have been recently remodeled with quartz kitchen counters. Each unit has its own deck or yard. Beautiful landscaped with tropical plants and flowers. Two roll-up door sheds for storage rental. RV parking in the back of the building for extra rent income. Coins operated laundry. Excellent location: Walking distance to supermarket, shops, restaurants, Lowes Home Improvement store. Close to parks, schools, museums, banks and beaches. Minutes to Mission San Luis Rey Museum, Downtown Oceanside, Oceanside Sunset Market, Oceanside Harbor Beach, San Diego International Airport, easy access to hwys 76 and 5.

Last Agent to Sell the Property

Elizabeth Nguyen

Intero Real Estate Services License #01403644 Listed on: 08/03/2023

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 0.37 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage
  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Tile Roof

Interior Spaces

  • 4,097 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Den
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Stone Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Listing and Financial Details

  • Total Actual Rent $118,020

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $200
  • Insurance Expense $2,200
  • Utility Expense $200
  • Trash Expense $850
  • Operating Expense $18,450
  • Gross Income $119,020

Additional Features

  • 4,097 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

0

Parking

1

Listing Details

  • Zoning: R-3
  • Subclass: Fourplex
  • Age: 44
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4097
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Stone, Oven - Gas, Refrigerator
  • Living Sq Ft: 4097
  • Stories: 2
  • Security: Fire Alarm
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Office Area, Storage

Exterior Features

  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Carport, Parking Area
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Diego Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3725
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16227.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.95
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2200
  • Expense Landscape: 200
  • Expenses Total: 18450
  • Expenses Utility: 200
  • Expense Trash: 850
  • Income Annual Gross: 119020.00
  • Income Annual Rental: 118020
  • Income Gross Scheduled: 119020
  • Income Includes: Laundry, Rents, Rv/Storage, Storage Area
  • Income Other: 1000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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
09/28/2023 09/28/23 Sold $1,779,000 0.0% $434 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,779,000 0.0% $434 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $1,779,000 +32.8% $434 / Sq Ft
08/31/2018 08/31/18 Sold $1,340,000 -0.7% $338 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $1,350,000 -- $341 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81937220

MLSListings

APN: 158-280-15-00