$1,750,000
SOLD JUN 27, 2024
6 Beds
5 Baths
-- Sq Ft
4,792 Sq Ft Lot

Recently Sold

8% Below List Price

38 Days on Market

About This Home

As of June 2024

924 S Tremont St is a four unit investment property with the addition of a bootleg studio in the beautiful city of Oceanside with a STRONG rental demographic. The property consists of one 3bd/2ba unit, one 2bd/1ba unit, one 1bd/ba unit, and two studios. There is also a garage that has been stuccoed for another potential unit! The property is just five short blocks from the beach ideal for any buyer looking for a costal investment property. This property is commercially zoned(C-2) and has the ability to hold more units or add 2 ADU's onto the property by reconfiguring current non-livable space and permitting the current bootleg unit. The units have not been updated, and is great for a buyer looking to add value to the property and coastal city of Oceanside. OM Attached

Last Agent to Sell the Property

Jason Lee

Nara Advisors, Inc. License #02068011 Listed on: 04/05/2024

Co-Listed By

Kyle Connor

Nara Advisors, Inc. License #02192324

Last Buyer's Agent

Dylan Ackley

Keller Williams Realty License #02139234

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 1-Story Property

Community Details

  • 5 Units
  • Oceanside Community

Listing and Financial Details

  • Assessor Parcel Number 150-374-05-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Corner of West St & S Tremont
  • Neighborhood: Oceanside
  • LP / Sq Ft: 16.21
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 1951
  • 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
  • Roof: Rolled/Hot Mop

Condo/Co-op/Association

  • Complex Name: Oceanside
  • Community: OCEANSIDE

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 150-374-05-00

Multi Family

  • No. of Units: 5
  • Annual Expense Actual: 44966
  • Annual Expense Projected: 44966
  • Gross Rent Multiplier Actual: 99.0
  • Gross Rent Multiplier Projected: 12.0
  • Gross Sched Income Actual: 19200
  • Gross Sched Income Projected: 156000
  • Number Of Buildings: 1

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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
06/27/2024 06/27/24 Sold $1,750,000 -2.8% --
05/14/2024 05/14/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $1,800,000 -5.3% --
04/05/2024 04/05/24 For Sale $1,900,000 +13.4% --
08/05/2022 08/05/22 Sold $1,675,000 -1.4% $550 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,699,000 -- $558 / 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: 240007349

San Diego MLS