NOT LISTED FOR SALE
3 Beds
2 Baths
-- Sq Ft
5,355 Sq Ft Lot

Sale Details

Date Sold: August 19, 2021

Last sale price $900,000

18 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Level Lot

About This Home

As of August 2021

**OCEAN VIEWS** Two single-story buildings on one outstanding lot centrally located near coast highway and downtown oceanside. Two studio-sized apartments in the back and a single-family home in the front. Perfect for an investor looking to capitalize on some of the last underdeveloped beach properties available in today's market. Increasing the height to two stories would lead to amazing unobstructed beach views. There are NO pre-approved plans, just a lot with three units and fantastic potential. Always at total capacity, easy to rent, highly desirable location that is quiet with a suburban feel yet just a short walk to the beach and downtown. Enquire now; this incredible investment opportunity won't last long!

Last Agent to Sell the Property

Diane Eisendrath

Premiere Real Estate License #00769294 Listed on: 07/16/2021

Premiere Real Estate

Co-Listed By

Richard Eisendrath

Premiere Real Estate License #00649462

Last Buyer's Agent

Maria Elena Delgado

Golden Bay Properties License #01457556

Property Details

Home Type

  • Multi-Family

Lot Details

  • 5,355 Sq Ft Lot
  • Lot Dimensions are 107x50
  • 1 Common Wall
  • Level Lot
  • Density is up to 1 Unit/Acre
  • Value in Land

Home Design

  • Triplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Additional Features

  • 1-Story Property
  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Tax Lot 07000
  • Tax Tract Number 1853
  • Assessor Parcel Number 1503041800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Recreation

  • Water Sports

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,985
  • New Taxes Expense $1,936
  • Operating Expense $2,091
  • Gross Income $21,600
  • Net Operating Income $8,476

Property Details

Home Type

Multi-Family

Lot Details

5,355 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 2.10
  • Property Attached: Yes
  • Zoning: R-3:RESTRICTED MULTIPLE
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 1503041800
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level, Value In Land
  • Lot Size: 107x50
  • Lot Size Sq Ft: 5355.00
  • Lot Size Acres: 0.1229

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1985.00
  • Lot Size Area: 5355.0000 Square Feet
  • Net Operating Income: 8476.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 2091.00
  • Rent Control: Yes
  • Total Actual Rent: 26400.00
  • Total Expenses: 2091.00

Tax Info

  • New Taxes Expense: 1936.00
  • Tax Lot: 07000
  • Tax Tract Number: 001853

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

Closed on
Jun 14, 2022
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
$980,000
Interest Rate
0.0509%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2021
Closed on
Aug 12, 2021
Sold by
Bought by
Seller's Agent
Diane Eisendrath
Premiere Real Estate
Buyer's Agent
Maria Elena Delgado
Golden Bay Properties
List Price
$1,099,000
Sold Price
$900,000
Premium/Discount to List
-$199,000
-18.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
0.029%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 1983
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
-- Stewart Title Of California
$900,000 First American Title Company
-- None Available
$90,000 --
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
Open $980,000
Previous Owner $1,000,000
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 Prior Sale
08/19/2021 08/19/21 Sold $900,000 0.0% --
08/19/2021 08/19/21 Sold $900,000 -18.1% $546 / Sq Ft View Prior Sale
08/03/2021 08/03/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,099,000 +22.1% --
06/03/2021 06/03/21 Off Market $900,000 -- --
06/03/2021 06/03/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $1,099,000 -- $667 / 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 $10,549 $955,086 $848,966 $106,120
2024 $10,549 $936,360 $832,320 $104,040
2023 $10,225 $918,000 $816,000 $102,000
2022 $10,070 $900,000 $800,000 $100,000
2021 $1,996 $168,851 $112,574 $56,277
2020 $1,936 $167,120 $111,420 $55,700
2019 $1,882 $163,844 $109,236 $54,608
2018 $1,862 $160,633 $107,095 $53,538
2017 $70 $157,485 $104,996 $52,489
2016 $1,768 $154,398 $102,938 $51,460
2015 $1,718 $152,080 $101,392 $50,688
2014 $1,655 $149,102 $99,406 $49,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2108318

California Regional Multiple Listing Service (CRMLS)

APN: 150-304-18-00

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