NOT LISTED FOR SALE

Estimated Value: $1,145,000 - $1,357,000

2 Beds
2 Baths
815 Sq Ft
$1,512/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $1,055,000 $1,294 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,854/month

Highlights

  • Ocean Side of Freeway
  • Lawn
  • Heating System Uses Natural Gas
  • Property is near public transit
  • Laundry Room

About This Home

As of June 2021

Amazing opportunity in the HOT west-of-5 Downtown District. Ideal for investor, developer, vacation rental, or owner-occupant who wants on-site income. Zoned R4. Total project rent = $4,200 / mo. Charming 1930 cottage w/ 2 units, tastefully updated & move-in ready. Each unit has its own private entrance; alley access with an on-site parking pad. Huge flat fully fenced front yard is perfect for summer gatherings, or add a house/ADU. Architectural plans done for a single family ocean-view home at front of lot while keeping the existing 2-unit structure at rear of lot. Short garage off the alley ideal for storage, as well as a common laundry area. The sale includes two refrigerators and washer/dryer. Please read attached property profile document for more info. Projected rents are higher than current rents. Premier location is a quick walk to all your favorite downtown OSide destinations: beach, pier, train station, farmers' market, art museum, civic center, trendy restaurants & pubs, theaters, and more. Fast access to I-5, Hwy 78, and Hwy 76. No HOA. Photos and video in the "Coming Soon" listing are from 2017. Downtown Oceanside is booming, don't miss out!

Last Agent to Sell the Property

Robyn Goodkind

Goodkind Properties License #01702897 Listed on: 04/30/2021

Last Buyer's Agent

Rebecca Gallardo

Prudential Calif. Realty License #01133815

Prudential Calif. Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,580

Year Built

  • Built in 1930

Lot Details

  • 5,045 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Front Yard Sprinklers
  • Lawn
  • Garden

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 815 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Ocean Side of Freeway

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 1471010200

Community Details

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,012
  • Water Sewer Expense $220
  • Gross Income $40,200
  • Net Operating Income $40,200

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,580

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • CapRate: 6.40
  • Inclusions: Refrigerators (2), washer and dryer
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Water Sewer Expenses: 220.00
  • Zoning: R4, Downtown District, l
  • Property Type: Residential Income
  • Parcel Number: 1471010200
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 1294.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Paved, On Site, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Garden, Lawn, Near Public Transit, Sprinklers In Front
  • Lot Size Sq Ft: 5045.00
  • Lot Size Acres: 0.1100

Multi Family

  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1012.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 5045.0000 Square Feet
  • Net Operating Income: 40200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 3350.00
  • Waterfront Features: Ocean Side of Freeway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
May 17, 2021
Sold by
Janecek Jason and Janecek Jamie
Bought by
Wanderfield Series A
Seller's Agent
Robyn Goodkind
Goodkind Properties
Buyer's Agent
Rebecca Gallardo
Prudential Calif. Realty
List Price
$1,099,000
Sold Price
$1,055,000
Premium/Discount to List
-$44,000
-4%
Current Estimated Value
$1,232,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,463
Avg. Annual Appreciation
4.09%

Purchase Details

Listed on
Apr 30, 2021
Closed on
Apr 29, 2021
Sold by
Janecek Robert A and Janecek Catherine A
Bought by
Janecek Jason and Janecek Jamie
Seller's Agent
Robyn Goodkind
Goodkind Properties
Buyer's Agent
Rebecca Gallardo
Prudential Calif. Realty
List Price
$1,099,000
Sold Price
$1,055,000
Premium/Discount to List
-$44,000
-4%

Purchase Details

Listed on
Jan 14, 2017
Closed on
Feb 2, 2017
Sold by
Donovan Laura K and Camp Riley J
Bought by
Janecek Catherine A and Janecek Robert A
Seller's Agent
Robyn Goodkind
Goodkind Properties
Buyer's Agent
Lori Abreu-Bennett
Alain Pinel Realtors
List Price
$635,000
Sold Price
$635,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$450,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2014
Closed on
Apr 21, 2014
Sold by
Goldberg Stephen M and Goldberg Lorna J
Bought by
Donovan Laura K and Camp Riley J
Seller's Agent
Michael Salois
Allison James Estates & Homes
Buyer's Agent
Claudia Lipari
Cheshire Coastal Realty
List Price
$475,000
Sold Price
$423,800
Premium/Discount to List
-$51,200
-10.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
May 3, 2013
Sold by
Goldberg Stephen and Goldberg Lorna
Bought by
Goldberg Stephen M and Golberg Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2009
Sold by
Goldberg Stephen M and Goldberg Lorna J
Bought by
Goldberg Stephen M and Goldberg Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2009
Sold by
Goldberg Stephen M and Goldberg Lorna J
Bought by
Goldberg Stephen M and Goldberg Lorna J

Purchase Details

Closed on
May 8, 2008
Sold by
Goldberg Stephen M and Goldberg Lorna J
Bought by
Goldberg Stephen M and Goldberg Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2008
Sold by
Goldberg Stephen M and Goldberg Lorna J
Bought by
Goldberg Stephen M and Goldberg Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2008
Sold by
Figueroa Mike
Bought by
Goldberg Stephen M and Goldberg Lorna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Figueroa Pamela K
Bought by
Figueroa Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2005
Sold by
Garcia Danielle
Bought by
Figueroa Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Wanderfield Series A $1,055,000 First American Title Company
Janecek Jason -- First American Ttl San Diego
Janecek Catherine A $635,000 First American Title Company
Janecek Jamie -- First American Title Company
Donovan Laura K $424,000 Lawyers Title Company
Goldberg Stephen M -- Accommodation
Goldberg Stephen -- Chicago Title Company
Goldberg Stephen M -- None Available
Goldberg Stephen M -- None Available
Goldberg Stephen M -- Accommodation
Goldberg Stephen M -- Accommodation
Goldberg Stephen M $340,000 First American Title
Figueroa Mike -- Commonwealth Title
Figueroa Mike $525,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janecek Catherine A $450,000
Previous Owner Goldberg Stephen $247,500
Previous Owner Goldberg Stephen M $279,200
Previous Owner Goldberg Stephen M $272,000
Previous Owner Figueroa Mike $472,000
Previous Owner Figueroa Mike $54,000
Previous Owner Figueroa Mike $367,500
Closed Figueroa Mike $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $1,055,000 -4.0% $1,294 / Sq Ft
04/30/2021 04/30/21 For Sale $1,099,000 +73.1% $1,348 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
03/13/2017 03/13/17 Sold $635,000 0.0% $1,285 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/14/2017 01/14/17 For Sale $635,000 +49.8% $1,285 / Sq Ft
06/03/2014 06/03/14 Sold $423,800 -3.7% $520 / Sq Ft
04/17/2014 04/17/14 Pending -- -- --
04/04/2014 04/04/14 Price Changed $439,900 -4.3% $540 / Sq Ft
04/01/2014 04/01/14 Price Changed $459,900 0.0% $564 / Sq Ft
03/31/2014 03/31/14 Price Changed $459,950 0.0% $564 / Sq Ft
03/28/2014 03/28/14 Price Changed $459,900 -3.2% $564 / Sq Ft
03/27/2014 03/27/14 Price Changed $474,900 0.0% $583 / Sq Ft
03/18/2014 03/18/14 For Sale $475,000 -- $583 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

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
2024 $12,580 $1,119,573 $1,008,147 $111,426
2023 $12,192 $1,097,622 $988,380 $109,242
2022 $12,007 $1,076,100 $969,000 $107,100
2021 $7,720 $680,846 $611,154 $69,692
2020 $7,481 $673,866 $604,888 $68,978
2019 $7,262 $660,654 $593,028 $67,626
2018 $7,261 $647,700 $581,400 $66,300
2017 $4,963 $447,634 $394,972 $52,662
2016 $4,799 $438,858 $387,228 $51,630
2015 $4,658 $432,267 $381,412 $50,855
2014 $3,920 $364,310 $321,450 $42,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2104484

California Regional Multiple Listing Service (CRMLS)

APN: 147-101-02