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Key Details
Sold Price $559,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,346 sqft
Price per Sqft $415
Subdivision Oceanside
MLS Listing ID 190051603
Sold Date 12/31/19
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1948
Property Description
Great investment opportunity Enjoy the Cool Beach Breeze!! Less than a mile to the beach! R3 Zoned, Main Home is a Three Bedroom One Bath With a Detached Guest House with full kitchen, One Bedroom & Bath. Live in one Rent the Other! Citrus trees in the backyard. Close to shopping, restaurants walk to Joe Balderrama Park. Come take a look! See supplement for More... Here is the breakdown of the cap rate at $600k He has also increased the back unit rent to $1295k....$600k sale price $6750/year taxes 1560/year water trash sewer Gardener $2195/mo front house rent $1195/mo back house (month-to-month, been there 2+ years, room for increase $100-$200/mo to push it to up to $1395/mo in future) Current $3390/mo or $40680/year = 0.0678 GROSS CAP 32370 net 5.4% net CAP @ $600k. Neighborhoods: Oceanside Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
Location
State CA
County San Diego
Area 92058 - Oceanside
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Gas Dryer Hookup, Laundry Room
Exterior
Garage Driveway, Other
Pool None
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Tax ID 1480170500
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Jesse Yarpezeshkan • KRC Realty, Inc.