NOT LISTED FOR SALE

776 N Alda Dr San Marcos, CA 92069

8 Beds
4 Baths
3,400 Sq Ft
0.42 Acres

Last Sold November 09, 2023

Last sale price $1,391,010 $409 Per Sq Ft

24 Days on Market

About This Home

As of November 2023

4-Units on a Large Lot (18,190sf) • All 2Bedroomm Units (850sf each) • In-Unit Washer/Dryer • Rare San Marcos Multifamily Offering • (3) Double-Car Garages • Well-Maintained • Substantial Upside in Rental Income (48%) • Potential ADU Conversion • Unit #776 Currently Unoccupied (Recently Remodeled) • Perfect Opportunity for Owner-Occupant or Investor ***Drive-by only, please do not disturb the tenants***

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 08/25/2023

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.42

Home Design

  • Composition Roof

Schools

  • San Marcos Unified School District Elementary And Middle School
  • San Marcos Unified School District High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • 0.42 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 218-160-47-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • San Marcos Community

Building Details

  • Net Operating Income $49,982

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: North County
  • Cross Street: Mulberry Drive
  • Neighborhood: San Marcos
  • LP / Sq Ft: 16.08
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1972
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood/Stucco
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Complex Name: San Marcos
  • Community: SAN MARCOS

Schools

  • School District URL: http://www.smusd.org/
  • Elementary School: San Marcos Unified School District
  • Elementary School Website: http://www.smusd.org/
  • High School: San Marcos Unified School District
  • Middle School Url: http://www.smusd.org/
  • Middle School: San Marcos Unified School District

Lot Info

  • Lot Size: .25 to .5 AC
  • Water District: VALLECITOS WATER DISTRICT
  • Zoning: R-2
  • Assessor Parcel Number: 218-160-47-00
  • Estimated Lot Sq Ft: 18190
  • Estimated Number of Acres: 0.42
  • Map Code Column: J
  • Map Code Page: 1108
  • Map Code Row: 5

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 49982
  • Gross Rent Multiplier Actual: 16.91
  • Gross Rent Multiplier Projected: 11.4
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 4
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Dryers: 4
  • Number Of Units With Garage: 3
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Number Of Units With Washers: 4

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 List to Sale Price per Sq Ft
11/09/2023 11/09/23 Sold $1,391,010 -4.1% $409 / Sq Ft
09/19/2023 09/19/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $1,450,000 -- $426 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • James V. Carter

    Seller's Agent in 2023

    James V. Carter

    Apartment Realty Group (ARG)

    (610) 755-1778

    1 in this area

    43 Total Sales

    James V. Carter
    Section Image

  • O

    Buyer's Agent in 2023

    Out of Area Out of Area

    Out of Area

See All Agents

Map

Source: San Diego MLS

MLS Number: 230016655

San Diego MLS

APN: 218-160-47-00

California San Diego County San Marcos 92069

776 N Alda Dr, San Marcos, CA

This home is located at 776 N Alda Dr, San Marcos, CA 92069 since 25 August 2023. This property was built in 1972. 776 N Alda Dr is a home located in San Diego County with nearby schools including Twin Oaks Elementary School, Woodland Park Middle School, and Mission Hills High School.

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