NOT LISTED FOR SALE
5 Beds
4 Baths
2,526 Sq Ft
4,902 Sq Ft Lot

Sale Details

Date Sold: March 4, 2021

Last sale price $2,125,000 $841 Per Sq Ft

49 Days on Market

About This Home

As of March 2021

Fantastic opportunity to purchase a coastal four (4) unit complex in the high-demand rental market of Oceanside, CA. The subject property consists of one (1) 2bedroom / 1bathroom unit, three (3) 1bedroom /1 bathroom units with four (4) single-car garages and washer/dryer hook-ups for each unit. *Unobstructed ocean views.* This asset is perfect for either an investor or an owner occupant buyer seeking an irreplaceable location with upside in rental income and the ability to secure 30-year fixed financing.

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 12/03/2020

Co-Listed By

Angelo La Bruna

Apartment Realty Group (ARG) License #01991625

Last Buyer's Agent

Non-Member Default

Default Non-Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 4,902 Sq Ft Lot

Home Design

  • Wood Siding

Listing and Financial Details

  • Assessor Parcel Number 150-262-07-00

Community Details

Overview

  • Association fees include electricity, gas, water
  • 4 Units

Building Details

  • Net Operating Income $51,779

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

4,902 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Wisconsin Ave
  • Neighborhood: Oceanside
  • LP / Sq Ft: 32.46
  • Sale Price List Price: 0.93
  • Year Built: 1960
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood, Wood/Stucco

Utilities

  • Water: Available

Condo/Co-op/Association

  • Community: OCEANSIDE
  • Home Owner Association Fee Includes: Electricity, Gas, Water

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: DT
  • Assessor Parcel Number: 150-262-07-00
  • Estimated Lot Sq Ft: 4902
  • Estimated Number of Acres: 0.11
  • Map Code Column: A
  • Map Code Page: 1106
  • Map Code Row: 2

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 51779
  • Gross Rent Multiplier Actual: 25.59
  • Gross Rent Multiplier Projected: 21.02
  • Number Of Buildings: 1
  • Number Of Units With Cooling: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

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
Dec 3, 2020
Closed on
Jan 12, 2021
Sold by
Bought by
Seller's Agent
James V. Carter
Apartment Realty Group (ARG)
Buyer's Agent
Non-Member Default
Default Non-Member Office
List Price
$2,295,000
Sold Price
$2,125,000
Premium/Discount to List
-$170,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2015
Sold by
Bought by

Purchase Details

Closed on
Jan 1, 2012
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2004
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
$1,460,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 22, 2004
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
$1,460,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 21, 2004
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
$1,460,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2004
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
$1,460,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 26, 1994
Sold by
Bought by

Purchase Details

Closed on
May 31, 1984
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
$2,125,000 Lawyers Title Company
-- Chicago Title Company
$1,815,000 Chicago Title Company
-- None Available
-- None Available
-- None Available
$1,460,000 Stewart Title Of California
-- Ticor Title San Diego
-- Ticor Title San Diego
$1,825,000 Ticor Title San Diego
-- --
-- --
$211,200 --
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 $660,000
Previous Owner $400,000
Previous Owner $1,460,000
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
03/04/2021 03/04/21 Sold $2,125,000 0.0% $841 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/15/2021 01/15/21 Off Market $2,125,000 -- --
12/03/2020 12/03/20 For Sale $2,295,000 -- $909 / Sq Ft
Source: San Diego MLS

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
2026 $25,804 $2,346,168 $1,987,344 $358,824
2025 $25,313 $2,300,166 $1,948,377 $351,789
2024 $25,313 $2,255,066 $1,910,174 $344,892
2023 $24,534 $2,210,850 $1,872,720 $338,130
2022 $24,163 $2,167,500 $1,836,000 $331,500
2021 $23,010 $2,015,231 $1,709,896 $305,335
2020 $22,297 $1,994,569 $1,692,364 $302,205
2019 $21,648 $1,955,461 $1,659,181 $296,280
2018 $21,419 $1,917,120 $1,626,649 $290,471
2017 $21,027 $1,879,530 $1,594,754 $284,776
2016 $20,346 $1,842,678 $1,563,485 $279,193
2015 $11,636 $1,066,003 $906,103 $159,900
2014 -- $1,045,122 $888,354 $156,768
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200053104

San Diego MLS
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