$6,930,000
$7,500,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 07/17/2024
Key Details
Sold Price $6,930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2405056
Sold Date 07/17/24
HOA Y/N No
Year Built 1968
Lot Size 10,454 Sqft
Lot Dimensions Assessor
Property Description
Wonderful 10 unit complex in one of the most desirable places in San Diego County: Downtown Encinitas. 1 property back from bluff, short walk to 30+ restaurants, beach, La Paloma Theater, Banks, Yoga studios, churches, train and bus stations etc. Solid rental area with upside to be realized by adding washer / dryer units to interiors and raising rents to market in this income property. Ideal unit mix: 8 - 1,000 sf 2Br / 2 Ba units, 2 - 750 sf 1Br / 1 Ba - 2 story Townhome style units. Also perfect situation to add 2 studio or 1 Br ADU's by converting garages, and increase income approx. $65k+ a year. Please be discrete and do not bother or talk to Residents.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning D-R15
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Storm Drain(s), Street Lights, Water Sports
View Y/N No
Total Parking Spaces 16
Private Pool No
Building
Lot Description 36-40 Units/Acre, Landscaped
Story 3
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 2581711000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Trust
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Bought with David LeBeau • LeBeau Realty Advisors
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1610 R Street, Sacramento, California, 95811, United States