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22263 I Street

Santa Margarita, CA 93453

– beds
– baths
– sqft
7,500 sqft lot
1982 build
– on site

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Investment or house-hacking opportunity; live in one and rent the other! Charming single-level duplex in Santa Margarita with (2) 2-Bed, 1Bath units containing just over 1,000sf each. The duplex was built in 1983 and sits on a 7,500sf parcel with many recent updates. Each unit has a separate driveway, large enclosed yard plus patio space for entertaining. Unit A has a 1-car garage and Unit B has a carport. The interiors are mirror images with a cozy living room, lounge area by the fireplace, spacious bedrooms and full size baths. The kitchen is open to the dining area and offers quartz counters and breakfast bar seating. Each unit has a newer mini split AC/heat pump to stay cool on hot summer days. Unit A includes a stacking W/D in the hallway, while Unit B has laundry hookups ready for use. Other recent updates includes a replaced roof, rain gutters, dual pane windows, exterior paint, window blinds and more. Unit A leased for $1,850/mo, Unit B currently available. Market rent is estimated at $2,200-$2,500/mo. Don’t miss this great opportunity for investment or for a buyer who wants to live in one side and cover part of the mortgage with the adjacent rental income. Call your Realtor today for more information!

Listed By CRMLS_CA / Graham Updegrove / California Coastal Real Estate / graham@ccreslo.com

Last checked: Checking… • Last updated Jan 30, 2024 •

MLS# SC23160118 —

The Building

Year Built:

1982
Year Built Source:

Public Records
New Construction:

No
Building Area Total:

2022.00
Building Area Units:

Square Feet
Total Number Of Units:

2
# of Buildings:

1
Roof:

Composition
Foundation:

Slab
Stories Total:

1
Entry Level:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

2
# of Separate Water Meters:

1
# of Separate Electric Meters:

2

Interior

Levels:

One
Entry Location:

Front Door
Window Features:

Double Pane Windows
Flooring:

Carpet, Vinyl
Room Type:

All Bedrooms Down
Number Wall AC:

2
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Dryer Included, In Closet, Washer Included
Laundry:

1

Location

Directions:

ECR, right on Encina Ave, left on I Street
Latitude:

35.39005000
Longitude:

-120.60486300

The Property

Property Type:

Residential Income
Subtype:

Duplex
Lot Features:

Level with Street
Lot Size Area:

7500.0000
Lot Size Acres:

0.1722
Lot Size SqFt:

7500.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood
Exclusions:

Tenant's Personal Property / Fixtures
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

95
Tax Census Tract:

127.05
Tax Lot:

23

The Listing

Special Listing Conditions:

Standard
Parcel Number:

069126039

Heating & Cooling

Heating:

1
Heating:

Heat Pump
Cooling:

Yes
Cooling:

Ductless

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Water Connected
Sewer:

Conventional Septic
Water Source:

Public

Appliances

Appliances:

Gas Oven, Refrigerator
Included:

Yes

The Community

Subdivision:

Santa Margarita In Town(70)
Subdivision:

Santa Margarita In Town(70)
Features:

Rural
Inclusions:

Refrigerator(s), Washer/Dryer, Any appliances not owned by Tenant(s)
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Unknown

Parking

Parking Spaces:

2.00
Garage Spaces:

1.00
Carport Spaces:

1.00

Extra Units

Average 2 Bed Area:

1011
Number With Refrigerator:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/29/23 Aug 29, 2023	Listed / Active	BRIDGE
8/28/23 Aug 28, 2023	Listed / Active	CRMLS_CA
8/28/23 Aug 28, 2023	Listed / Active	CRMLS_CA	$899,000	79.8% (23.4% / YR)

Multifamily Sold on 1/29/2024

$829,000

Listing provided by broker:

Graham Updegrove

California Coastal Real Estate

graham@ccreslo.com

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Listing Courtesy of: CRMLS_CA and California Coastal Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 06:38 on Dec 26.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

22263 I Street

Santa Margarita, CA 93453