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502 N Ditmar

Oceanside, CA 92054
  • $2,250,000
  • STATUS: CONTINGENT
  • ON SITE: 23 Days
  • ID#: 230000792
Under Contract
UPDATED: 19 min ago
$2,250,000
  • 9
    BEDS
  • 0.12
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,566
    SQFT
  • $493
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Ratings & Info

Description

We're pleased to present 502 N Ditmar; a well maintained, two-story fourplex extremely well located in the heart of Downtown Oceanside. The property consists of one - 3bed/2ba "Owners" unit, one - 2bed/2ba and two - 2bed/1ba units.. Other amenities include two - double car garages and common area laundry. The units are large with spacious floorplans and have been well maintained through ownership. Residing just a few blocks from Coast Highway, Downtown the subject property at 502 N Ditmar is truly centrally located in a fast developing pocket of Oceanside. Residents of the property are within short walking distance to some of the regions best restaurants, entertainment venues and city transportation. Notable venues include Oceanside Pier Ampitheater & Civic Center, Oceanside Museum of Art, Stone & Bagby Brewing, Harbor House & Swami's Cafe, Regal Cinema along with several up and coming cuisine and retail venues for tenants to enjoy. The city of Oceanside has taken great leaps to ensure the growth of business and improvement of quality of life for its residents over the past decade and the roadmap for continued growth is promising. The subject property would make a great investment opportunity for an investor looking to add a quality asset to their portfolio as the Oceanside region is quickly improving and becoming a destination for both residents and tourists.

Monthly Payment Calculator

San Diego MLS 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/135988812
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502 N Ditmar Oceanside, CA 92054

  • Price: $2,250,000
  • Status: CONTINGENT
  • On Site: 23 Days
  • Updated: 19 min ago
  • ID#: 230000792
9
Beds
6
Baths
0
½ Baths
0.12
Acres
4,566
SQFT
$493
$/SQFT
1965
Built
Neighborhood:
Oceanside
County:
San Diego
Area:
Oceanside (92054)
Property Description
We're pleased to present 502 N Ditmar; a well maintained, two-story fourplex extremely well located in the heart of Downtown Oceanside. The property consists of one - 3bed/2ba "Owners" unit, one - 2bed/2ba and two - 2bed/1ba units.. Other amenities include two - double car garages and common area laundry. The units are large with spacious floorplans and have been well maintained through ownership. Residing just a few blocks from Coast Highway, Downtown the subject property at 502 N Ditmar is truly centrally located in a fast developing pocket of Oceanside. Residents of the property are within short walking distance to some of the regions best restaurants, entertainment venues and city transportation. Notable venues include Oceanside Pier Ampitheater & Civic Center, Oceanside Museum of Art, Stone & Bagby Brewing, Harbor House & Swami's Cafe, Regal Cinema along with several up and coming cuisine and retail venues for tenants to enjoy. The city of Oceanside has taken great leaps to ensure the growth of business and improvement of quality of life for its residents over the past decade and the roadmap for continued growth is promising. The subject property would make a great investment opportunity for an investor looking to add a quality asset to their portfolio as the Oceanside region is quickly improving and becoming a destination for both residents and tourists.
Exterior Features

Exterior Stucco Fencing Partial Lot Dimensions Approx 50X101 Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 1 Parking Garage Spaces Unit4 1 Roof Other/Remarks Topography Level Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 4 Units With Patios 2

Interior Features

Cooling Other/Remarks Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 2 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 0

Property Features

Actual Cap Rate 3.2 Additional Property Use Ormks Age Restrictions N/K Annual Expense Actual 39446 Annual Expense Projected 39446 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Oceanside Complex Park No Cross Streets Sportfisher Gross Rent Multiplier Actual 19.56 Gross Rent Multiplier Project 13.51 Gross Scheduled Income Actual 114684 Gross Scheduled Income Project 166500 Home Owners Fees 0.0 Mandatory Remarks First Right Of Refusal Market Area Coastal North Monthly Total Fees 0 Net Operating Income Projected 122588 Other Fees 0.0 Other Income Actual 1500 Projected Cap Rate 5.44 Projected Other Income 6300.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays ElectricityGas/Propane Terms Cal VetCashConventionalExchangeVaOther/Remarks Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Projected Rent 3750.0 Unit1 Rent Actual 2400.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Projected Rent 3200.0 Unit2 Rent Actual 2029.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Projected Rent 3200 Unit3 Rent Actual 2354.0 Unit4 Deposit 0 Unit4 Occupied Tenant Unit4 Projected Rent 3200 Unit4 Rent Actual 2650.0 Zoning R4

San Diego MLS logo Listing provided courtesy of South Coast Commercial, Inc.: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101