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4129 Waring Rd, Oceanside, CA 92056
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4129 Waring Rd Oceanside, CA 92056

$11,450,000 Sold Price as of 03/24/2022
  • 66 Beds
  • 35 Baths
  • 30,328 Sq.Ft.
Sold
$11,450,000 Sold Price as of 03/24/2022 Refinance Your Mortgage
Map preview of 4129 Waring Rd, Oceanside, CA 92056

Property Overview: 4129 Waring Rd Oceanside, CA has 66 bedrooms, 35 bathrooms, 30,328 living square feet and 64,904 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tri-City Gardens is a 35-unit multifamily investment opportunity located at 4129 - 4130 Waring Road, Oceanside, CA. Situated on a 1.49-acre lot the property consists of 4, one-bedroom units and 31, two-bedroom units. The property offers amenities including carport parking with storage, on-site laundry, and spacious courtyards.

Listed by Tyler Leeson | BRE #01451551 | Marcus & Millichap RE Invest
Last checked: 6 minutes ago | Last updated: March 25th, 2022 | Source CRMLS | DOM: 529

Home details

Lot Sq. Ft
64,904
HOA Dues
$0/mo
Year built
1971
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
OC20123483
City
Oceanside
County
San Diego
Time on Site
1514 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 35
  • Total # of Buildings: 5
  • # of Leased Units: 35
  • # of Electric Meters: 35
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 15
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $27,646
  • Total Rent: $27,646
  • Pro Forma/Market Rent: $29,925
Unit Breakdown 2
  • # of Units: 16
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $29,295
  • Total Rent: $29,295
  • Pro Forma/Market Rent: $31,920
Unit Breakdown 3
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,116
  • Total Rent: $6,116
  • Pro Forma/Market Rent: $6,780
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $756,684
  • Net Operating Income: $470,320
  • Gross Operating Income: $768,929
  • Vacancy Allowance: $22,701
  • Other Income 1: $34,946
  • Other Income Description: Miscellaneous
Annual Expense Breakdown
  • Total Operating Expense: $298,609
  • Electric: $17,124
  • Gas/Fuel: $17,124
  • New Taxes: $129,815
  • Trash: $17,125
  • Insurance: $10,525
  • Maintenance: $21,000
  • Professional Management: $26,913
  • Water/Sewer: $17,125
  • Other Expenses: $41,858
  • Other Expense Description: Misc

Property Details for 4129 Waring Rd

Interior Features
Laundry Information
  • Has Laundry
  • Community
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 36
Lot Information
  • Lot Features: Landscaped, Lawn
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 35
  • Parcel Number: 1665002000
  • Year Built Source: Assessor
  • Property is not Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Major Nearby Cross Streets: Waring Road & Thunder Drive
Neighborhood Information
  • Community Features: Curbs, Gutters, Sidewalks
View more facts & features

Local Oceanside Agent

Sale History for 4129 Waring Rd

Last sold for $11,450,000 on March 24th, 2022

  • March, 2022

  • Mar 25, 2022

    Date

    Sold

    CRMLS: OC20123483

    $11,450,000

    Price

  • Nov 5, 2021

    Date

    Active

    CRMLS: OC20123483

    $10,450,000

    Price

  • Jun 25, 2020

    Date

    Active

    CRMLS: OC20123483

    $10,450,000

    Price

  • July, 2018

  • Jul 19, 2018

    Date

    Sold (Public Records)

    Public Records

    $8,250,000

    Price

  • August, 2008

  • Aug 6, 2008

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4129 Waring Rd

Assessed Value (2020): $3,855,600
Year Land Value Improved Value Assessed Value
2020 $1,754,400 $2,101,200 $3,855,600

Home Value Compared to the Market

This property vs the competition

4129 Waring Rd sold on March 24, 2022 for 1319.08% higher than the current median sold price for the city of Oceanside which is $828,000. The median sold price per/sqft for Oceanside is $561 and this home is sold at $387.43 per/sqft which puts the price per square foot 30.94% lower than the current median sale per square foot for the city of Oceanside.

About 4129 Waring Rd

Detailed summary of property

4129 Waring Rd is a multi family that recently sold in Oceanside, CA 92056. This multi family property offered 66 bedrooms, 35 bathrooms, roughly 30,328 living square feet, and sits on an approximately 64,904 square foot lot. 4129 Waring Rd was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $11,450,000. Home in Oceanside are selling for a median price of $828,000 and a median price per square foot of $561. Based on Ardent Real Estate Group's Oceanside Market Data, this home is sold 1319.08% higher than the current median priced home. Local homes that are currently for sale include 2041 N Vermont Ave, 1233 N Mansfield Ave and 1215 N Sycamore Ave. While the average home in Oceanside, CA is selling in 72 days, 4129 Waring Rd has a days on market of 529 days. There are currently 504 homes for sale in the Oceanside real estate market and 324 of them are single family homes while 139 of them are condos and 41 are townhomes. For more information on this home for sale at 4129 Waring Rd Oceanside, CA 92056 contact Ardent Real Estate Group and we will put you in touch with one of our Oceanside agents.

Public Facts for 4129 Waring Rd

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
14,762
Lot Size
30,492
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
San Diego
Lot#
28
APN
166-500-20-00

The source for these homes facts are from public records.

92056 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$889,000
Median List Price/Sq.Ft.
$566
Median Sold Price
$860,000
Median Sold Price/Sq.Ft.
$586
Total Inventory
153
Median Sale to List Price %
101.18%
Avg Days on Market
18
Loan Type
Conventional (50%), FHA (3.45%), VA (3.45%), Cash (36.21%), Other (5.17%)

Thinking of Selling?

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(714) 706-1823

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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.

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