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2445 + 2453 Newcastle Avenue

Cardiff By The Sea, CA 92007
  • $5,990,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: NDP2501844
UPDATED: 64 min ago
$5,990,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1978
County:

School Ratings & Info

Listing Agent(s): Shawn Bengtson of Shoreline Properties (858-480-6045)


Description

An investor's dream! This assemblage encompasses two duplexes (4 units) and a combined 10,000 square foot lot! Each beautiful duplex contains two side-by-side 3 bedroom 2 and a half bath units. Each unit has a private front deck with peekaboo ocean views as well as private laundry rooms, single car garages and multiple reserved parking spaces. The interiors were remodeled in 2020 with modern finishes and elegant style. Nestled on a combined 10,000 square foot lot in the heart of Cardiff's walking district, locals and visitors alike flock to this highly sought after coastal paradise. Walk to beaches, parks, restaurants, and the "locally famous" Seaside Market. Live in one and rent out the others. Or, park your money in one of the better performing zip codes in the country.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T23:27:21.48. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/160889441
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2445 + 2453 Newcastle Avenue Cardiff By The Sea, CA 92007

  • Price: $5,990,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 64 min ago
  • ID#: NDP2501844
0
Beds
0
Baths
0
½ Baths
0.23
Acres
1978
Built
Neighborhood:
92007 - Cardiff By The Sea
County:
San Diego
Area:
92007 - Cardiff By The Sea
Property Description
An investor's dream! This assemblage encompasses two duplexes (4 units) and a combined 10,000 square foot lot! Each beautiful duplex contains two side-by-side 3 bedroom 2 and a half bath units. Each unit has a private front deck with peekaboo ocean views as well as private laundry rooms, single car garages and multiple reserved parking spaces. The interiors were remodeled in 2020 with modern finishes and elegant style. Nestled on a combined 10,000 square foot lot in the heart of Cardiff's walking district, locals and visitors alike flock to this highly sought after coastal paradise. Walk to beaches, parks, restaurants, and the "locally famous" Seaside Market. Live in one and rent out the others. Or, park your money in one of the better performing zip codes in the country.
Exterior Features

Entry Level 1 Entry Location 1 Lot Features Front YardNear Park Number Of Separate Electric Meters 4 Open Parking Spaces 8 Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Common Walls 1 Common Wall Cooling YN No Fireplace YN No Heating YN No

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Cap Rate 2.78 Community Features BikingWater SportsPark Fuel Expense 0 Garage YN Yes Gross Income 140964 Gross Scheduled Income 140964 Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Room Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Maintenance Expense 1000 Net Operating Income 97464 New Taxes Expense 38500 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 2 Number Of Units Leased 4 Operating Expense 43500 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 24000 Trash Expense 750 Water Sewer Expense 750 Zoning R-11



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-15T23:27:21.48. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): Shawn Bengtson of Shoreline Properties (858-480-6045)