2427-2429 Newcastle Ave

    Cardiff, CA 92007
    • $2,300,000
    • STATUS: ACTIVE
    • ON SITE: 46 days
    • ID#: 190054710
    $2,300,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 2,714
      SQFT
    • $847
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:

    School Information

    Elementary School:

    Description

    Incredibly opportunity to own one of the only true ocean view Duplexes left in Cardiff. Ocean Views from the top of both floors and expansive decks. Each unit comes w/ a storage unit & 3 parking spots (very rare in Cardiff). Major renovations just completed. Dramatic opportunity to increase rents. Live in one & rent the other, split the lot for two twin-homes or build your dream single family palace. Walk to the beach, park & Seaside market! Renovations INCLUDED: Custom paint exterior Custom paint interior, throughout including drawers & cabinets Landscape renovation Refinished kitchen countertops, & vanities Professionally glazed tub/showers throughout New flooring in 2427 powder room New flooring in 2429 master bath Toilets (6) new eco-friendly Light fixtures all new, throughout every room and hallway Globe entry light Kitchen sinks replaced with new stainless sinks Kitchen faucets replaced with new stainless steel faucet Faucets replaced in 2427 master bath & powder room Faucet replaced in 2429 master bath Garbage disposals replaced Mirrors installed in 2427 & 2429 powder rooms Drawer pulls newly installed, stainless steel, chrome Shower heads replaced Tub spouts (chrome) replaced Dishwasher replaced in 2429 Custom closet installed in 2427 bedroom 2” white faux-wood, easy-lift, cordless blinds in all windows Door handles throughout, all new stainless steel, non-rust All new LED lightbulbs Angle-stops replaced throughout Professional deep-cleaning of carpet

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    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, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/99613133

    2427-2429 Newcastle Ave Cardiff, CA 92007

    • Price: $2,300,000
    • Status: ACTIVE
    • ID#: 190054710
    6
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,714
    SQFT
    $847
    $/SQFT
    1977
    Built
    Neighborhood:
    Cardiff Walking District
    County:
    San Diego
    Area:
    Cardiff By The Sea (92007)
    Elementary School:
    Cardiff School District
    Property Description
    Incredibly opportunity to own one of the only true ocean view Duplexes left in Cardiff. Ocean Views from the top of both floors and expansive decks. Each unit comes w/ a storage unit & 3 parking spots (very rare in Cardiff). Major renovations just completed. Dramatic opportunity to increase rents. Live in one & rent the other, split the lot for two twin-homes or build your dream single family palace. Walk to the beach, park & Seaside market! Renovations INCLUDED: Custom paint exterior Custom paint interior, throughout including drawers & cabinets Landscape renovation Refinished kitchen countertops, & vanities Professionally glazed tub/showers throughout New flooring in 2427 powder room New flooring in 2429 master bath Toilets (6) new eco-friendly Light fixtures all new, throughout every room and hallway Globe entry light Kitchen sinks replaced with new stainless sinks Kitchen faucets replaced with new stainless steel faucet Faucets replaced in 2427 master bath & powder room Faucet replaced in 2429 master bath Garbage disposals replaced Mirrors installed in 2427 & 2429 powder rooms Drawer pulls newly installed, stainless steel, chrome Shower heads replaced Tub spouts (chrome) replaced Dishwasher replaced in 2429 Custom closet installed in 2427 bedroom 2” white faux-wood, easy-lift, cordless blinds in all windows Door handles throughout, all new stainless steel, non-rust All new LED lightbulbs Angle-stops replaced throughout Professional deep-cleaning of carpet
    Exterior Features

    Exterior Wood Fencing Partial Irrigation Sprinklers Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Roof Composition Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2 View Ocean

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Heat Equipment Wall/Gravity Heat Source Electric Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

    Property Features

    Actual Cap Rate 3 Age Restrictions N/K Annual Expense Actual 5000 Annual Expense Projected 5000 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0 Community Cardiff By The Sea Complex Park Cardiff Cross Streets Dublin Drive Gross Rent Multiplier Actual 0 Gross Scheduled Income Actual 49200 Gross Scheduled Income Project 124800 Home Owners Fees 0 Mandatory Remarks None Known Monthly Total Fees 0 Net Operating Income Projected 119800 Other Fees 0 Other Income Actual 0 Projected Cap Rate 4 Projected Other Income 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays TrashCable TvElectricityGas/Propane Terms Cash Unit Number For Unit1 2427 Unit Number For Unit2 2429 Unit1 Deposit 4100 Unit1 Occupied Tenant Unit1 Projected Rent 5200 Unit1 Rent Actual 4100 Unit2 Deposit 0 Unit2 Occupied Vacant Unit2 Projected Rent 5200 Unit2 Rent Actual 4100 Vacation Rental By Owner No Water Meter On Property Zoning R-2:Minor

    Listing provided courtesy of Compass. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    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, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101