$2,500,000
$2,995,000
16.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/09/2024
Key Details
Sold Price $2,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Encinitas
MLS Listing ID 240016480SD
Sold Date 09/09/24
HOA Y/N No
Year Built 1965
Property Description
This Coastal North County 4-Unit Property has it all! Offering large units, ocean views, 20% upside in rent, four (4) garages, extra off-street parking (8 spots), private yards/patios, and potential for three (3) ADU’s; this property allows an investor the opportunity to utilize attractive residential financing and add value in one of San Diego’s most sought after coastal markets. The property consists of four (4) 2Bedroom / 1Bathroom Units averaging 816sf on a large 12,353sf lot. Located off I-5 and Santa Fe Dr, tenants are walking distance to San Dieguito High School and just down the street from the Self-Realization Fellowship Gardens. This well-maintained and pride of ownership asset is truly a one of a kind opportunity for the coastal value-add investor.
Location
State CA
County San Diego
Area 92024 - Encinitas
Building/Complex Name None
Zoning R11
Interior
Cooling None
Fireplace No
Exterior
Fence None
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 2582722100
Financing Cash
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Bought with Angelo La Bruna • Apartment Realty Group (ARG)
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "