NOT LISTED FOR SALE
6 Beds
3 Baths
2,400 Sq Ft
1950 Built

Last Sold October 10, 2019

Last sale price $1,120,000 $467 Per Sq Ft

17 Days on Market

About This Home

As of October 2019

Pleased to present the sale of the California Street Cottages.Conveniently located in the highly sought after area of South Oceanside.A short walk to the beach, local dining, entertainment, shopping and transportation.Constructed in the 1950's, the property consists of (3) 2bd/1ba cottages each featuring large private yards and washer/dryer hookups.The cottages have been meticulously well kept with a true sense of pride of ownership.

Last Agent to Sell the Property

Dennis Dillard

Keller Williams La Jolla License #02010625 Listed on: 09/07/2019

Keller Williams La Jolla

Last Buyer's Agent

MARY MAZAHERI

Compass License #01279471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Home Design

  • Composition Roof

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 1-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 153-042-10-00

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • California Street Cottages Community

Building Details

  • Net Operating Income $36,970

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: La Salina St & Morse St
  • Neighborhood: South O
  • LP / Sq Ft: 19.39
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1950
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: California Street Cottages
  • Community: OCEANSIDE

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: RS
  • Assessor Parcel Number: 153-042-10-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 36970
  • Annual Expense Actual: 23594
  • Annual Expense Projected: 23594
  • Gross Rent Multiplier Actual: 18.6
  • Gross Rent Multiplier Projected: 13.6
  • Gross Sched Income Actual: 61800
  • Gross Sched Income Projected: 84600
  • Number Of Buildings: 3
  • Number Of Units With Patios: 3
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $1,120,000 -2.6% $467 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
09/07/2019 09/07/19 For Sale $1,150,000 -- $479 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 190049828

San Diego MLS

APN: 153-042-10-00