Encinitas, CA 92024,843  851 4th ST
Encinitas, CA 92024,843  851 4th ST
Encinitas, CA 92024,843  851 4th ST
$6,930,000
Est. payment /mo
Est.Price: ?

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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

Year Built 1968

Lot Size 10,454 Sqft

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

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

Building

Lot Description 36-40 Units/Acre, Landscaped

Story 3

Sewer Public Sewer

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Will Creagan • Southwest Equity Partners • willc@southwestep.com
Bought with David LeBeau • LeBeau Realty Advisors

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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