195 Johnston Lane

San Marcos, CA 92069

$3,175,000
Last Sold Price
5
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Price Reduced! Beautifully remodeled 7 units in one of the best parts of San Marcos. Seller did a complete interior and exterior remodel in 2020 spending over $650,000. In addition a legal ADU stand alone studio unit was added. All units have new flooring, quartz counter tops, stainless steel appliances, custom cabinets, ceiling fans. 15 Parking spaces and ground floor units with private gated patios. The property is a short walk to several schools, parks, restaurants and grocery stores. 71/100 walk...Price Reduced! Beautifully remodeled 7 units in one of the best parts of San Marcos. Seller did a complete interior and exterior remodel in 2020 spending over $650,000. In addition a legal ADU stand alone studio unit was added. All units have new flooring, quartz counter tops, stainless steel appliances, custom cabinets, ceiling fans. 15 Parking spaces and ground floor units with private gated patios. The property is a short walk to several schools, parks, restaurants and grocery stores. 71/100 walk score. Nearby several public transportation (Bus, Trolley, Train) lines and located right off the exit of the 78 Freeway!
  1. Listed by Thomas McCartin • DRE #01427348 • Marcus & Millichap

Property Details for 195 Johnston Lane

City Postal ID
SAN MARCOS (92069)

Location

Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

Sold By Marcus & Millichap, Thomas McCartin, DRE #01427348

Add your commute
LISTING UPDATED: 08/16/2023 12:02 PM

Property Details for 195 Johnston Lane

StatusSold
MLS #230009045
Days on Market78
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income
Year Built-
Lot Size0.38 AC / 16,552 SF
CountySan Diego County

Location

Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

Sold By Marcus & Millichap, Thomas McCartin, DRE #01427348

Add your commute

Building Information for 195 Johnston Lane

Stories-Residences-Year Built-Building Size-Lot Size0.38 AC / 16,552 SF

Payment Calculator

$19,048 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,327

Property Taxes

$1,721

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 195 Johnston Lane

Summary Information
Property and Location
  • System ID: 230009045
  • Class: COMMERCIAL-RES INCOME
  • Street Number Numeric: 195
  • Street Name: Johnston Ln.
  • Market Area: North County
  • Directions To Property: 78 Freeway, Exit San Marcos Blvd and go North. Right on Johnston.
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 7
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: .25 through .50 Acres
  • Zoning: R 4 MR
  • Assessors Parcel Num: 2201811900
Multi Family Information
Unit 1
  • Unit Rent: 1895
  • Unit Rent Total: $1,895
  • Unit 1 Number of Bedrooms: 0
  • Unit 1 Number of Bathrooms: 1
Unit 2
  • Unit Rent: 2695
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Number of Bathrooms: 2
Unit 3
  • Unit Rent: $2910-$3070
  • Unit Rent Total: $14,890
  • Unit 3 Number of Bedrooms: 3
  • Unit 3 Number of Bathrooms: 2
Building Details
  • Age: 1993
  • Have: 7 Fully Remodeled Units
  • Motive/Want: Exchange
  • SqFt of Improvement: 6,321
  • Tenant Pays Electric: y
  • Tenant Pays Gas: y
  • Tenant Pays Water: y

Property History for 195 Johnston Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 195 Johnston Lane

Taxable ValueLand$946,060Additions$787,844Total$1,733,904
Tax Record2023$20,655 ($1,721 / month)
Home Facts
Total Finished SqFt5,472 SqFtAbove Grade Finished SqFt5,472 SqFtLot Size16,337 SqFtStyleMulti-Family Res (5+ Units)Year Built1993ZoningR-4:MULTIPLECountySAN DIEGOAPN220-181-19-00

Schools near 195 Johnston Lane

This home is within San Marcos Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 12
Rating
School
Distance
San Marcos Elementary School
PublicK to 5

San Marcos Middle School
Public6 to 8

Mission Hills High School
Public9 to 12

Bayshore Preparatory Charter School
CharterK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Marcus & Millichap, Thomas McCartin, DRE #01427348

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