Single-family home · 2 recorded sales since 2014
Listing Agent: Christie Gray (DRE #01957563) · Listing Office: Big Block Realty, Inc. · Contact: 800-550-3209 · Bought with: Jesse Yarpezeshkan · KRC Realty, Inc. · MLS #190051603 · Source: CRMLS
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
Listing description from the December 2019 sale, as reported to CRMLS.