NOT LISTED FOR SALE
7 Beds
9 Baths
1,063 Sq Ft
5,227 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $1,977,500 $1,860 Per Sq Ft

98 Days on Market

Highlights

  • Ocean View
  • Forced Air Heating and Cooling System
  • Partially Fenced Property

About This Home

As of January 2017

3 High cash flowing vacation rentals up for sale. New 2015 built Spanish Style Town Homes w modern furnishings and over 2000 sqft of living space. Feat. Over sized Kitchens fit for a chef, 10 ft ceilings throughout, Cozy fireplaces, larger rooms, spa style baths and extra large Panoramic Ocean View private decks for entertaining and BBQ. Each unit has a unique Tri level design w Kitchen and living space on top and Bedrooms in the middle and 2 car garage on ground level. Excellent investment property. Very successful vacation rental units w high-end furnishings and excellent cash flow. They have stayed booked and most units have bookings through 2017. This is an excellent investment property making very attractive CAP rates increases. Neighborhoods: Oceanside coastal Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: A Unit # for Unit 2: B Unit # for Unit 3: C Number of Furnished Units: 3 Topography: LL

Last Agent to Sell the Property

Christopher Rodriguez

Maximum Mrtg & Real Estate Inc License #01756431 Listed on: 09/05/2016

Co-Listed By

Elisha Vasquez

Heritage Homes San Diego License #01969442

Last Buyer's Agent

Linda Charman

Thunderbird Real Estate License #00695795

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • 5,014 Sq Ft Lot
  • Partially Fenced Property
  • Drip System Landscaping
  • Sprinkler System

Parking

  • Automatic Gate

Interior Spaces

  • 3-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Net Operating Income $149,500

Listing and Financial Details

  • Assessor Parcel Number 1470940200

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

5,014 Sq Ft Lot

Listing Details

  • CapRate: 6.72
  • Security: Automatic Gate
  • Subdivision Name Other: Oceanside
  • View: Yes
  • Zoning: COMMERCIAL
  • Property Type: Residential Income
  • Parcel Number: 1470940200
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 3
  • Appliances: Yes
  • Levels: Three Or More

Exterior Features

  • View: Ocean
  • Fence: Yes
  • Fencing: Partial
  • Pool Private: No
  • Spa: No

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Natural Gas, Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Lot Features: Sprinklers Drip System
  • Lot Size Sq Ft: 5014.00
  • Lot Size Acres: 0.1200

Multi Family

  • Gross Scheduled Income: 185000.00
  • Lot Size Area: 5014.0000 Square Feet
  • Net Operating Income: 149500.00
  • Number Of Units Total: 3
  • Number With Dishwasher: 3
  • Number With Patio: 3
  • Number With Range: 3
  • Number With Refrigerator: 3
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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 List to Sale Price per Sq Ft Prior Sale
01/20/2017 01/20/17 Sold $1,977,500 0.0% $1,860 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
09/05/2016 09/05/16 For Sale $1,977,500 +724.0% $1,860 / Sq Ft
06/10/2013 06/10/13 Sold $240,000 -18.6% $226 / Sq Ft View Prior Sale
05/11/2013 05/11/13 Pending -- -- --
10/12/2012 10/12/12 For Sale $295,000 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,238 $2,295,052 $1,392,699 $902,353
2024 $25,238 $2,250,052 $1,365,392 $884,660
2023 $24,462 $2,205,934 $1,338,620 $867,314
2022 $24,093 $2,162,681 $1,312,373 $850,308
2021 $24,188 $2,120,277 $1,286,641 $833,636
2020 $23,428 $2,098,538 $1,273,449 $825,089
2019 $22,745 $2,057,391 $1,248,480 $808,911
2018 $22,504 $2,017,050 $1,224,000 $793,050
2017 $11,615 $1,038,043 $270,180 $767,863
2016 $11,238 $1,017,690 $264,883 $752,807
2015 $10,905 $1,002,405 $260,905 $741,500
2014 $2,602 $241,089 $241,089 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 160049189

California Regional Multiple Listing Service (CRMLS)

APN: 147-094-02-00

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