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Listing 13 out of 92
$1,950,000 For Sale

310/312 La Amatista
Del Mar, CA 92014

2 units | Multi Family 2-4 - MLS# 170040027
Property Photo
1/25

Description

Opportunities like this are seldomly available! Incredibly rare-duplex in the heart of Del Mar. Recently remodeled and beautified, this fabulous property is located within the prime residential neighborhood of Del Mar and moments to fabulous cafe's, shopping and world famous beaches. Unique design makes each unit feel like it's own home featuring vaulted ceilings, warm wood flooring, large decks and huge-exclusive use yards! Refreshed with granite counters, stainless steel appliance, (see supplement), modern cabinets, new(er) interior/exterior paint. Privacy abounds in the lushly landscaped grounds with lovely trees, shrubs and drought resistant plants. Unit 310 is leased until 4/30/2018 and features a private and separate entrance - bright & open floor plan is flooded with natural light -vaulted ceilings-granite counters in kitchen and baths-updated cabinetry-stainless steel appliances-warm wood flooring-one car garage plus additional parking in driveway for multiple vehicles -charming patio off master, plus an additional patio located at the main entrance- fabulous deck off kitchen which opens to a large and private back yard-full sized washer & dryer in closet. Unit 312: Tenant is month-to-month and features it's own separate and private entrance - large patio/deck in front offers the perfect place for morning coffee and entertaining- large sliding door to family room streams in natural light and cool ocean breezes -vaulted ceilings-cozy fireplace- granite counter and modern cabinetry in kitchen and baths-stainless steel appliances-warm wood floors-small patio off guest bedroom-master opens to a large backyard with beautiful shade trees- full sized washer and dryer in unit-one car garage plus additional parking in the driveway. This special featuring offers the opportunity to live in one unit while renting the other, or rent both units to maximize cash flow. This property checks all the boxes with strong rental history, professionally managed, incredible location within moment to the Del Mar Village and world famous beaches.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • Listing Price: $1,950,000
  • County/Area: San Diego County
  • Zip Code: 92014
  • Year Built: 1975
  • Subdivision/Neighborhood: Del Mar
  • School District: Del Mar Union
  • Stories: 1 Story
  • Units: 2 units
  • # Units w/Dishwashers: 2
  • # of Buildings: 1
  • # of Units w/Dryers: 2
  • # of Units w/Fireplaces: 1
  • # of Units w/Garage: 2
  • # of Units w/Patios: 2
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • Annual Expense Actual: 10120
  • Cap Rate Actual: 1.9
  • Community: Del Mar
  • Fencing: Partial
  • Gross Rent Multiplier Act: 28.6
  • Gross Rnt Multiplier Proj: 27
  • Gross Sched Income Actual: 82096
  • Gross Sched Income Proj.: 93600
  • Heat Equipment: Fireplace, Forced Air Unit
  • Listing Area: DEL MAR (92014)
  • Lot Description: Street Paved, West Of I-5
  • Lot Size Area: 7, 500-10, 889 SF
  • Parking Garage Unit 1: Detached
  • Parking Garage Unit 2: Detached
  • Parking Non-Garage Unit 1: Uncovered
  • Parking Non-Garage Unit 2: Uncovered
  • Pets: Yes
  • Sewer/Septic: Sewer Connected
  • Siding: Wood
  • Topography: Level, Slope Gentle
  • Unit # for Unit 1: 310
  • Unit # for Unit 2: 312
  • Unit 1 # Bedrooms: 2
  • Unit 1 # Total Baths: 2
  • Unit 1 # of Full Baths: 1
  • Unit 1 # of Half Baths: 1
  • Unit 1 Deposit: 3860
  • Unit 1 Exclusive Use Yard: Yes
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Prkng Garage Space: 1
  • Unit 1 Projected Rent: 4000
  • Unit 1 Rent Actual: 3860
  • Unit 2 # Bedrooms: 2
  • Unit 2 # Total Baths: 2
  • Unit 2 # of Full Baths: 1
  • Unit 2 # of Half Baths: 1
  • Unit 2 Deposit: 2000
  • Unit 2 Exclusive Use Yard: Yes
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Prkng Garage Space: 1
  • Unit 2 Projected Rent: 3800
  • Unit 2 Rent Actual: 3400
  • Water: Meter on Property
Courtesy of Berkshire Hathaway HomeService



Ross Rattray | 619-980-4863 | Contact Us
16486 Bernardo Center Dr., #268 - San Diego, CA 92128
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