For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $745,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,843 sqft
Price per Sqft $193
Subdivision Oceanside
MLS Listing ID 190036892
Sold Date 08/23/19
Bedrooms 10
Full Baths 6
HOA Y/N No
Year Built 1989
Property Sub-Type Single Family Residence
Property Description
Investors Dream: 5.5% Rising Cap rate from stable tenant with 5 year lease. Well maintained 2 story home being run as a successful licensed 6 bed Elderly Care Facility in well-known Oceanside neighborhood of Guajome. Planted with low maintenance landscaping including 3 citrus and an apple tree. A Fountain, Large Gazebo, and exterior back Patio add to the ambience. Vista Schools, Alamosa Park Elementary across the street, Alamosa Park within walking distance and Guajome County Park and Lake down the street This home is being offered subject to the existing 5 year lease. 10 bedroom, 6 bathroom 3,843 sq.ft. home has been remodeled and customized specifically for this efficiently run Secure Elderly Care Facility. Downstairs are six (6) resident rooms, two with Ensuites and four connected to Jack and Jill Bathrooms. Each room has direct access to the back and outside patio areas. The centrally located Large Chef’s Kitchen allows for easy food prep. There is a Living Room, Dining Room and Family Room, plus huge laundry are in the garage and two ancillary/break rooms to complete the downstairs. The care-givers occupy the upstairs four bedrooms and 2 bathrooms. There is a spacious 3 car garage and plenty of outdoor space around the perimeter. The lease providing that the Tenant is responsible for all property maintenance and repairs, is available upon request. Great Neighborhood, profitable business, large Cap rate, this opportunity won’t last.. Neighborhoods: Oceanside Equipment: Dryer, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
Location
State CA
County San Diego
Area 92057 - Oceanside
Interior
Interior Features Bedroom on Main Level
Heating Forced Air, Fireplace(s), Natural Gas
Cooling None
Flooring Carpet, Tile, Wood
Fireplaces Type Family Room, Living Room
Fireplace Yes
Appliance Dishwasher, Electric Oven, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Exterior
Parking Features Driveway
Garage Spaces 3.0
Garage Description 3.0
Pool None
Porch Concrete
Total Parking Spaces 7
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 1590322300
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Financing Cash
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Ray Jafari • Ray Jafari