NOT LISTED FOR SALE
8 Beds
6 Baths
3,633 Sq Ft
4,922 Sq Ft Lot

Sale Details

Date Sold: June 28, 2024

Last sale price $2,300,000 $633 Per Sq Ft

53 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • East Facing Home
  • No HOA
  • 6 Car Garage
  • Turnkey

About This Home

As of June 2024

WELL MAINTAINED 5 UNIT BUILDING WEST OF 5 FREEWAY. A BLOCK EAST OF COAST HIGHWAY THE TENANTS ENJOY BEING BLOCKS FROM DOWNTOWN OCEANSIDE, BEACH, SHOPPING, RESTURANTS & MASS TRANSPORTATION . BUILDING CONSIST OF THREE - 2 BEDROOM UNITS AND TWO - 1 BEDROOM UNITS. ALL UNITS HAVE A SEPARATE PRIVATE SINGLE CAR GARAGE. FENCED PRIVATE COMMON PATIO AREA. FRESHLY PAINTED EXTERIOR. PRIDE OF OWNERSHIP. THERE'S ADDITIONAL INCOME FROM A SEPARATE 6TH CAR GARAGE & SELLER OWNED LAUNDRY EQ. RENTS BELOW MARKET WITH GREAT UPSIDE POTENTIAL FOR INCEASES.

Last Agent to Sell the Property

Russell Coats

Horizon Pacific Realty Brokerage Email: russell@horizonpacificrealty.com License #00544028 Listed on: 04/26/2024

Last Buyer's Agent

Leila Rojer

Compass License #02185882

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 4,922 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • East Facing Home
  • Level Lot

Parking

  • 6 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Side Facing Garage
  • Single Garage Door
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Turnkey
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,633 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • No Heating
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 6 / 33
  • Tax Tract Number 219
  • Assessor Parcel Number 1502030500
  • $90 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $600
  • Gardener Expense $600
  • Insurance Expense $3,414
  • Maintenance Expense $900
  • Other Expense $65
  • Trash Expense $360
  • Water Sewer Expense $4,200
  • New Taxes Expense $30,000
  • Operating Expense $41,022
  • Gross Income $144,320
  • Net Operating Income $101,298

Property Details

Home Type

Multi-Family

Year Built

Built in 1980 | Remodeled

Lot Details

4,922 Sq Ft Lot

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 4.06
  • Property Attached: Yes
  • Road Frontage Type: City Street, Alley
  • View: No
  • Water Sewer Expenses: 4200.00
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 1502030500
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 633.09

Exterior Features

  • Direction Faces: East
  • Foundation: Concrete Perimeter
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Rear, Garage Faces Side, Garage - Single Door, Off Street, Private
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Electric Oven, Disposal, Gas Cooktop, Gas Water Heater, Refrigerator
  • Laundry Features: Community, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 360.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level, Near Public Transit
  • Lot Size Sq Ft: 4922.00
  • Lot Size Acres: 0.1130

Rental Info

  • Garage Rental Rate: 250.00

Multi Family

  • Electric Expense: 600.00
  • Garage Income: 3000.00
  • Gross Income: 144320.00
  • Gross Operating Income: 142320.00
  • Gross Scheduled Income: 142320.00
  • Insurance Expense: 3414.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 2400.00
  • Lot Size Area: 4922.0000 Square Feet
  • Maintenance Expense: 900.00
  • Net Operating Income: 101298.00
  • Number Of Rented Garages: 1
  • 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: 5
  • Number With Dishwasher: 4
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Operating Expense: 41022.00
  • Other Expense: 65.00
  • Rent Control: No
  • Total Actual Rent: 142232.00
  • Total Expenses: 41022.00

Tax Info

  • New Taxes Expense: 30000.00
  • Tax Block: 33
  • Tax Lot: 6
  • Tax Tract Number: 000219
  • TaxOtherAnnualAssessmentAmount: 90.10

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
Apr 26, 2024
Closed on
Jun 21, 2024
Sold by
Bought by
Seller's Agent
Russell Coats
Horizon Pacific Realty
Buyer's Agent
Leila Rojer
Compass
List Price
$2,399,000
Sold Price
$2,300,000
Premium/Discount to List
-$99,000
-4.13%
Views
59

Purchase Details

Closed on
Mar 31, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
0.0359%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 9, 2007
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 19, 2005
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,300,000 Corinthian Title
-- Accommodation
-- Fidelity National Title Co
$800,000 Fidelity National Title Co
-- --
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 $95,000
Previous Owner $840,000
Previous Owner $461,000
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
10/04/2025 10/04/25 Off Market $3,300 -- --
03/10/2025 03/10/25 Price Changed $3,300 0.0% --
03/09/2025 03/09/25 For Rent $3,300 0.0% --
06/28/2024 06/28/24 Sold $2,300,000 -4.1% $633 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $2,399,000 0.0% $660 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/28/2024 05/28/24 Price Changed $2,399,000 -4.0% $660 / Sq Ft
04/26/2024 04/26/24 For Sale $2,500,000 -- $688 / 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
2025 $26,311 $2,346,000 $1,713,600 $632,400
2024 $11,612 $1,030,177 $579,475 $450,702
2023 $11,255 $1,009,978 $568,113 $441,865
2022 $11,085 $990,175 $556,974 $433,201
2021 $11,128 $970,760 $546,053 $424,707
2020 $10,785 $960,807 $540,454 $420,353
2019 $10,472 $941,968 $529,857 $412,111
2018 $10,361 $923,499 $519,468 $404,031
2017 $10,171 $905,392 $509,283 $396,109
2016 $9,153 $825,000 $500,000 $325,000
2015 $9,021 $825,000 $500,000 $325,000
2014 $8,047 $750,000 $455,000 $295,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2403538

California Regional Multiple Listing Service (CRMLS)

APN: 150-203-05-00

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