310/312 La Amatista
Del Mar, California CA 92014
Price: $2,495,000
Est. Monthly Payment: $10,714.96 See Details
ACTIVE Status, Bedrooms, 0 Full Baths

Listing ID # 170040027

Property 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.
{"zipcode": "92014", "price": "2495000"}
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Primary Features

County: San Diego
Property Type: 2-4 Units
Year Built: 1975

Additional

Additional Property Use: N/K
Age Restrictions: N/K
Assessors Parcel Number: 300-234-12-00
Community: DEL MAR
Complex Features: N/K
Complex/Park: n/a
DOMLS: 1
Land Use Code: Dup
Limited Service: No
Miscellaneous: N/K
MT: 1
Number of Buildings: 1
Number of Units: 2
Number of Units With Dryers: 2
Number of Units With Fireplaces: 1
Number of Units With Garage: 2
Number of Units With Patios: 2
Number of Units With Range/Oven: 2
Number of Units With Refrigerator: 2
Number of Units With Washers: 2
Number Units With Dishwashers: 2
Pets: Yes
Possession: Call Listing Agent
Sales Restrictions: N/K
Security: N/K
Sewer/Septic: Sewer Connected
Spa: N/K
Spa Heat: None Known
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.
Telecommunications: N/K
Terms: Cash, Conventional
Property Sub Type: Res Income 2-4 Units
Unit 1 Laundry Hook Ups: Yes
Unit 2 Laundry Hook Ups: Yes
Unit Number for Unit 1: 310
Unit Number for Unit 2: 312
Water: Meter on Property

Financial Details

Annual Expense Actual: 10120
Cap Rate Actual: 1.9
Gross Rent Multiplier Actual: 28.6
Gross Rent Multiplier Project: 27
Gross Scheduled Income Actual: 82096
Gross Scheduled Income Project: 93600
Max Search Price: 2495000
Original Price: 2495000
Other Fee Type: N/K
Short Sale: No
Tenant Pays: Other/Remarks
Unit 1 Deposit: 3860
Unit 1 Projected Rent: 4000
Unit 1 Rent Actual: 3860
Unit 2 Deposit: 2000
Unit 2 Projected Rent: 3800
Unit 2 Rent Actual: 3400
Value Range Pricing: n

External Features

Entry Only: No
Exterior Finish: Wood
Fencing: Partial
Frontage: N/K
Irrigation: Other/Remarks
Lot Size: 7,500-10,889 SF
Parking for RV: None Known
Parking Garage Unit 1: Detached
Parking Garage Unit 2: Detached
Parking Garage Unit 3: N/K
Parking Garage Unit 4: N/K
Parking Non-Garage Unit 1: Uncovered
Parking Non-Garage Unit 2: Uncovered
Parking Non-Garage Unit 3: None Known
Parking Non-Garage Unit 4: None Known
Pool: N/K
Pool Heat: None Known
Roof: Other/Remarks
Sign on Property: Yes
Site: Street Paved, West of I-5
Topography: Level, Slope Gentle
Unit 1 Exclusive Use Yard: Yes
Unit 1 Parking Garage Space: 1
Unit 2 Exclusive Use Yard: Yes
Unit 2 Parking Garage Space: 1
View: N/K

Interior Features

Cooling: N/K
Heat Equipment: Fireplace, Forced Air Unit
Heat Source: Other/Remarks
Stories: 1 Story
Unit 1 Number Bedrooms: 2
Unit 1 Number of Full Baths: 1
Unit 1 Number of Half Baths: 1
Unit 1 Number Total Baths: 2
Unit 2 Number Bedrooms: 2
Unit 2 Number of Full Baths: 1
Unit 2 Number of Half Baths: 1
Unit 2 Number Total Baths: 2
Water Heater Type: Other/Remarks

Location Information

Cross Street(s): Camino Del Mar
Full Address: 310/312 La Amatista
Market Area: Coastal North
Neighborhood: Del Mar
School District: Del Mar Union
Zip/Area: DEL MAR (92014)

Zoning Info


Area Info


Listing courtesy of Berkshire Hathaway HomeService
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Contact - Listing ID 170040027

Maggie Clemens

4700 Spring St Ste 180
La Mesa, CA 91942
Phone: 6198001145

Data services provided by IDX Broker
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