$1,450,000
SOLD SEP 23, 2022
5 Beds
4 Baths
2,062 Sq Ft
5,976 Sq Ft Lot

Recently Sold

$703 Per Sq Ft

9% Below List Price

85 Days on Market

Highlights

  • Forced Air Heating System
  • Del Mar High School Rated A-
  • 1-Story Property

About This Home

As of September 2022

GREAT LOCATION: Triplex. All units have been remodeled. NEW' roof. Driveway was replaced and expanded in. UNIT #1 offers 2 bedrooms, 1 full bath, new kitchen including granite countertops, stainless steel sink, new cabinets, new appliances including a dishwasher, and new. All new bathroom fixtures and marble tub, one car garage. Room air conditioners in the living room and master bedroom. UNIT #2 offers 1 bedroom, 1 bath, Fully remodeled with a new kitchen including granite countertops, stainless steel sink, new cabinets, new appliances including a dishwasher, all-new bathroom fixtures, and marble tub. Room air conditioner in bedroom. UNIT #3 offers 1 bedroom, 1 bath, direct access to the fenced backyard. Fully remodeled with a new kitchen including granite countertops, stainless steel sink, new cabinets, new appliances including a dishwasher, all-new bathroom fixtures, and marble tub. There is a Unit #4: 1 bedroom, 1 bath with new carpet in the bedroom.

Last Agent to Sell the Property

Jorge Sanchez

Cedavivienda Realty License #01202825 Listed on: 06/10/2022

Last Buyer's Agent

John Baraona

California Homes License #00760424

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 5,976 Sq Ft Lot

Parking

  • 1 Car Garage
  • 2 Carport Spaces
  • On-Street Parking

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,062 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $91,800

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $2,100
  • Maintenance Expense $2,500
  • Utility Expense $1,800
  • Operating Expense $26,962
  • Gross Income $93,600

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3H
  • Subclass: Triplex
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2062
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2062
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area, On Street, Parking Area
  • Carport Min: 2

Utilities

  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1372
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5978.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5978.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.95
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2100
  • Expense Maintenance: 2500
  • Expenses Total: 26962
  • Expenses Utility: 1800
  • Income Annual Gross: 93600.00
  • Income Annual Rental: 91800
  • Income Gross Scheduled: 93600
  • Income Includes: Rents
  • Income Other: 1800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Loan - Principle & Interest, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heat, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

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Range of Values:

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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
09/23/2022 09/23/22 Sold $1,450,000 +3.6% $703 / Sq Ft
09/03/2022 09/03/22 Pending -- -- --
08/08/2022 08/08/22 Price Changed $1,399,000 -12.5% $678 / Sq Ft
07/06/2022 07/06/22 Price Changed $1,599,000 +14.3% $775 / Sq Ft
06/30/2022 06/30/22 Price Changed $1,399,000 -12.5% $678 / Sq Ft
06/10/2022 06/10/22 For Sale $1,599,000 +9.9% $775 / Sq Ft
07/07/2021 07/07/21 Sold $1,455,000 -2.9% $706 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $1,499,000 +57.8% $727 / Sq Ft
12/13/2016 12/13/16 Sold $950,000 +5.6% $461 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $899,950 0.0% $436 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/17/2016 08/17/16 For Sale $899,950 -- $436 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81895798

MLSListings

APN: 282-37-021