1249 Division St, Oceanside, CA 92054
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1249 Division St Oceanside, CA 92054

$1,655,551 Sold Price as of 03/14/2022
  • 6 Beds
  • 5 Baths
  • -- Sq.Ft.
Sold
$1,655,551 Sold Price as of 03/14/2022 Refinance Your Mortgage

Map preview of 1249 Division St, Oceanside, CA 92054

Property Overview: 1249 Division St Oceanside, CA has 6 bedrooms, 5 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Turnkey high output triplex in San Diego’s most Northern Coastal Beach Town of Oceanside. 4.43% proforma cap rate with just one rent increase! The property has undergone a “to the studs” rehabilitation in 2017-2021 allowing an investor to take over a stabilized property with high-quality tenants or vacate the detached unit to allow for an ideal owner-occupy operation to offset mortgage and other expenses. The duplex interior pictures are shown first which were fully rehabbed in 2021. The last interior pictures are of the detached 2/1 unit, which was fully rehabbed in 2017. Only new wood vinyl flooring would be required in the detached unit to drive top of market rental capability. Please contact Maxwell Brown for the offering memorandum. All new appliances, quartz counters, vinyl plank flooring, dual pane windows, & interior lighting + Dishwashers in all units + In-unit Laundry in all units + Private patios for all units, with ability to extend into large yards + Soundproof Double walls + All appliances high efficiency electric with exclusion of the Water Heaters being gas - Water heaters are 3-6 years old, all still under warranty + Central Large Mini-splits in the Duplex + Gas Heat in the Detached 2/1 Unit + Full new metal fencing with electric gate for easy parking lot access + Private Gated electronic access on street side for Duplex Units + Duplex Prewired for Level 2 car chargers; 30 amps @ 240 volts + Ceiling Fans + Recessed Lighting + 7 on-site gated parking spaces Number of Furnished Units: 0

Listed by Allen Chitayat | BRE #00894356 | CBRE
Last checked: 9 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
220001523SD
City
Oceanside
County
San Diego
Time on Site
793 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,600
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,900
  • Total Rent: --
  • Pro Forma/Market Rent: $2,550
Unit Breakdown 3
  • # of Units: --
  • # of Beds: --
  • # of Baths: 0
  • Total Rent: --
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Actual Rent: $2,600
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.93%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $89,590
  • Net Operating Income: $59,954
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1249 Division St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Interior Features
  • Levels: One
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Property Information
  • Total # of Units: 3
  • Parcel Number: 1501421300
Location / Neighborhood
Location Information
  • Subdivision Name: Oceanside
  • Directions: CrossStreet: Grant
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Sale History for 1249 Division St

Last sold for $1,655,551 on March 14th, 2022
  • March, 2022

  • Mar 14, 2022

    Date

    Sold

    CRMLS: 220001523SD

    $1,655,551

    Price

  • Jan 24, 2022

    Date

    Active

    CRMLS: 220001523SD

    $1,525,000

    Price

  • September, 2011

  • Sep 29, 2011

    Date

    Sold (Public Records)

    Public Records

    $260,000

    Price

  • September, 2010

  • Sep 3, 2010

    Date

    Sold (Public Records)

    Public Records

    $376,700

    Price

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Tax History for 1249 Division St

Assessed Value (2020): $298,605
Year Land Value Improved Value Assessed Value
2020 $209,024 $89,581 $298,605

Home Value Compared to the Market

This property vs the competition

1249 Division St sold on March 14, 2022 for 83.51% higher than the current median sold price for the city of Oceanside which is $831,000.

About 1249 Division St

Detailed summary of property

1249 Division St is a multi family that recently sold in Oceanside, CA 92054. This multi family property offered 6 bedrooms, 5 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 1249 Division St was first listed on ArdentRealEstateGroup.com on January 24, 2022. The homeowner sold the property for $1,655,551. Home in Oceanside are selling for a median price of $831,000 and a median price per square foot of $526. Based on Ardent Real Estate Group's Oceanside Market Data, this home is sold 83.51% higher than the current median priced home. Local homes that are currently for sale include 545 S Ranch View Circle, 2051 N Park Ln and 405 Alabama St. While the average home in Oceanside, CA is selling in 65 days, 1249 Division St has a days on market of 5 days. There are currently 394 homes for sale in the Oceanside real estate market and 248 of them are single family homes while 114 of them are condos and 32 are townhomes. For more information on this home for sale at 1249 Division St Oceanside, CA 92054 contact Ardent Real Estate Group and we will put you in touch with one of our Oceanside agents.

Public Facts for 1249 Division St

Public county record property details
Beds
5
Baths
3
Year built
1948
Sq. Ft.
2,088
Lot Size
8,086
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
13
APN
150-142-13-00

The source for these homes facts are from public records.

92054 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$856
Median Sold Price
$1,275,000
Median Sold Price/Sq.Ft.
$861
Total Inventory
123
Median Sale to List Price %
96.6%
Avg Days on Market
24
Loan Type
Conventional (68.18%), FHA (0%), VA (0%), Cash (27.27%), Other (4.55%)

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Related Resources to 1249 Division St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.