211 Avenida Del Gado, Oceanside, CA 92057

$535,000
2
BD
3
BA
List Price
$535,000
Status
ACTIVE
MLS#
190058276
Bedrooms
2
Bathrooms
3
Lot Size(Range)
7,500-10,889 SF
Lot Size(apprx.)
8,000
Complex/Building Name
Mission Hermosa
Property Type
Multifamily
Year Built
1975

Property Description

Variance granted for 2-4 units. Perfect for a savvy investor looking for a 1031 exchange. The unique configuration presents a rare opportunity for forced appreciation. With updates and rent increases, you could take the GRM from 15 down to 12. The 1,935 s.f. includes a front home that’s a 2/1 with 2 permitted studio additions. Each has a full bath and separate entrances. The main house and garage are currently owner occupied. Main will rent for $1800, and is reflected in the current GRM of 15.

Additional Information

Building Name
Mission Hermosa
Cooling
Central Forced Air, Wall/Window
Frontage
N/K
Gross Rent Multiplier Actual
15
Gross Rent Multiplier Project
12
Gross Scheduled Income Actual
36600
Heat Equipment
Fireplace, Forced Air Unit
Heat Source
Natural Gas
Lot Size
8,000
Lot Size Range
7,500-10,889 SF
Neighborhood
Mission Hermosa
Roof
Composition
Stories
1 Story
Style
Res Income 2-4 Units
Tenant Pays
N/K
View
N/K
Year Built
1975

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group West

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®,