843-851 4th St, Encinitas, CA 92024
- $6,930,000
- Sold Price
- $6,930,000
- List Price
- $7,500,000
- Closing Date
- Jul 17, 2024
- Days on Market
- 40
- Status
- CLOSED
- MLS#
- NDP2405056
- Lot Size(apprx.)
- 10,454
- City
- Encinitas
- Neighborhood
- Downtown Encinitas
- Property Type
- Multifamily
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.
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Additional Information
- Lot Size
- 10,454
- Neighborhood
- Downtown Encinitas
Mortgage Calculator
Listing courtesy of Listing Agent: Will Creagan (760-419-5300) from Listing Office: Southwest Equity Partners.
Selling Office: LeBeau Realty Advisors.
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