Ocean Development duplex - all new construction in 2014. Each unit includes over 1,700 square feet of living space with 5 bedrooms and 3 full baths. Each unit is currently leased at $3,800 per month. This duplex is thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in each unit conveniently on the second level. Property includes a 2 car garage. We feel this is the best investment property opportunity when combining price, design, year built, quality of construction, location, features, and return on investment. Actual annual gross rental income: $91,200, Estimated Net annual rental income: $56,220. Estimated 5.35% Cap Rate.
Sold for $1,000,000
Zillow last checked:
Listing updated:
Bought with:
Cary Hairabedian, DRE #00876519
College Park Realty
Source: CRMLS,MLS#: PW25279485
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Sold | $1,000,000-4.8%$290/sqft |
Source:  CRMLS #PW25279485 Report a problem | ||
| 2/13/2026 | Contingent | $1,050,000$305/sqft |
Source: CRMLS #PW25279485 Report a problem | ||
| 1/10/2026 | Listed for sale | $1,050,000$305/sqft |
Source: CRMLS #PW25279485 Report a problem | ||
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Estimated market value
$1,026,500
