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Alexander Pfleger
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P: 858.483.4687
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2427-2429 Newcastle Ave
Cardiff, California CA 92007
Price: $2,399,998
ACTIVE Status, Bedrooms, Full Baths
5,005 SqFt , 0.120 Acres
Listing ID # 190014866

Property Description:

An incredibly unique opportunity to own one of the only ocean view Duplexes left in Cardiff-by-the-Sea. Ocean views from the top floor of both units, each with their own expansive deck + storage unit and parking for up to 7 cars. Large remodel just completed. Vacant and ready for new tenants with dramatic opportunity to increase rents. Great opportunity to live in one & rent the other, split the lot and build two twinhomes or have an unmatched single family home. Walk to the beach, park and Seaside MarketREMODEL 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

Primary Features

Community: CARDIFF BY THE SEA
Neighborhood: card
Complex/Park: Cardiff
Short Sale: no
Number of Buildings: 1
Number of Units: 2
Tenant Pays: Trash, Water, Cable TV, Electricity
Complex Features: Laundry Facilities
Security: N/K
Roof: Composition
Exterior: Stucco, Wood
Heat Equipment: Wall/Gravity
Cooling: N/K

Interior Features

Levels: 2 Story
Total Stories: 2
Unit 1 Estimated SqFt: 1357
Unit 1 Laundry Hook Ups: Yes
Unit 1 Number of Bedrooms: 3
Unit 1 Number of Full Baths: 2
Unit 1 Number of Half Baths: 1
Unit 1 Number Total Baths: 3
Unit 2 Estimated SqFt: 1357
Unit 2 Laundry Hook Ups: Yes
Unit 2 Number of Bedrooms: 3
Unit 2 Number of Full Baths: 2
Unit 2 Number of Half Baths: 1
Unit 2 Number Total Baths: 3

External Features

Entry Only: no
Fencing: Partial
Irrigation: Sprinklers
Lot Size: 4,000-7,499 SF
Parking Garage Unit 1: Assigned
Parking Garage Unit 2: Assigned
Unit 1 Exclusive Use Yard: yes
Unit 2 Exclusive Use Yard: yes

Location Information

Cross Street(s): Dublin Drive
Zip/Area: CARDIFF BY THE SEA (92007)
Zoning: R-2:MINOR

Financial Details

Annual Expense Actual: 5000
Assessors Parcel Number: 261-103-49-00
Cap Rate Actual: 3.5
Gross Rent Multiplier Act: 24.8
Gross Scheduled Income Actual: 100000
Sale/Rent: For Sale
Terms: Cash, Conventional
Unit 1 Projected Rent: 4200
Unit 2 Projected Rent: 4200

Additional

Age Restrictions: N/K
Association ID: San Diego Association of REALTORS (SDAR)
Heat Source: Electric
Number of Units w/Dryers: 2
Number of Units w/Garage: 2
Number of Units w/Patios: 2
Number of Units w/Range/Oven: 2
Number of Units w/Refrigerator: 2
Number of Units w/Washers: 2
Number Units w/Dishwashers: 2
Pets: Yes
Property Type: 2-4 UNITS
Sales Restrictions: N/K
Unit Number for Unit 1: 2427
Unit Number for Unit 2: 2429

Zoning Info


Listing courtesy of Beal Real Estate
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) services provided by SDMLS and CRMLS. 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. © 2019 San Diego Multiple Listing Service, Inc. © 2019 California Regional Multiple Listing Service. Data updated on Sunday, July 21st, 2019 05:27:19 PM.

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The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.

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.

Information Deemed Reliable But Not Guaranteed. The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable.

Last Updated: 2019-05-20

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