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Key Details
Sold Price $6,930,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2405056
Lot Size 10,454 Sqft
Type of Financing Cash
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.
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 Encinitas (92024)
Zoning Seller
Building
Story 3
Others
Monthly Total Fees $212
Acceptable Financing Cash
Listing Terms Cash
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Bought with David LeBeau • LeBeau Realty Advisors
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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