$1,455,000
SOLD JUL 7, 2021
5 Beds
4 Baths
2,062 Sq Ft
5,976 Sq Ft Lot

Recently Sold

$706 Per Sq Ft

3% Below List Price

28 Days on Market

Highlights

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

About This Home

As of September 2022

Amazing Triplex with New roof and paint 2017. Unit #1, 3 bedroom, 2 full baths, one car garage and two off street parking spaces. New kitchen including granite countertops, stainless steel sink, new cabinets, new appliances including dishwasher, new LED lighting. New all new fixtures and cultured marble tub surround for easy maintenance. New carpets in bedrooms, laminate flooring throughout the rest of the unit. Room air conditioners in living room and master bedroom. Driveway replaced and expanded in 2017. UNIT #2, 1 bedroom, 1 bath, one off street parking spot. UNIT #3, 1 bedroom, 1 bath, one off street parking spot, direct access to fenced back yard. Fully remodeled with, new appliances, all new fixtures and cultured marble tub surround for easy maintenance. Room air conditioner in bedroom. Laundry Room in building with credit card operated washer and dryer.

Last Agent to Sell the Property

Sergio Ascencio

Intero Real Estate Services License #00930950 Listed on: 03/28/2021

Intero Real Estate Services

Last Buyer's Agent

Jorge Sanchez

Cedavivienda Realty License #01202825

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
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $78,600

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $400
  • Insurance Expense $1,206
  • Maintenance Expense $990
  • Utility Expense $834
  • Trash Expense $1,408
  • Operating Expense $19,977
  • Gross Income $76,950

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3H
  • Subclass: Triplex
  • Age: 60
  • 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
  • Laundry: Coin Operated

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Parking Features: Carport, Common Parking Area, On Street
  • 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: 18.51
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas
  • Expense Insurance: 1206
  • Expense Landscape: 400
  • Expense Maintenance: 990
  • Expenses Total: 19977
  • Expenses Utility: 834
  • Expense Trash: 1408
  • Income Annual Gross: 76950.00
  • Income Annual Rental: 78600
  • Income Gross Scheduled: 81000
  • Income Includes: Laundry
  • Income Other: 2400
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

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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: ML81836310

MLSListings

APN: 282-37-021