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Key Details
Sold Price $3,150,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2404611
Year Built 1958
Lot Size 10,545 Sqft
Property Description
Welcome to 158-162 W Glaucus?a beautifully renovated triplex in the heart of Leucadia, just west of Highway 101. This property is ideally located a few short blocks from the pristine sands of the beach, accessible via the scenic Beacons trail. It is also walkable to the top restaurants, cafes, and boutique shops that Encinitas has to offer. This triplex has undergone extensive renovations (particularly over the past eight months) to ensure modern comfort, style, and function. Upgrades include new waste lines, gas lines, electrical panel, flooring, baseboards, kitchen counters, new appliances, lighting, refreshed bathrooms, windows, paint, landscaping, and more. The three units, each boasting 2 bedrooms and 1 bath and just over 700 square feet, are pristine, clean, and move-in ready?ideal for fetching top market rents. Each unit features its own private outdoor patio, perfect for dining al fresco or simply relaxing in the ocean air. Additionally, the property offers a communal outdoor area in the back, perfect for barbecuing, gardening, playing cornhole, or sunbathing. Convenience is key, with each unit equipped with stack laundry and dedicated off-street parking for 2 vehicles per unit. The property will be delivered without tenants, giving the new owner the flexibility to choose tenants and set market rents, maximizing investment potential. This property represents a phenomenal long-term asset. The new owner can have peace of mind knowing that there has been significant investment and care in upgrading just about everything thus reducing their required involvement and outlay and ensuring strong long-term desirability by tenants.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning R11 (Residential 11)
Interior
Heating Wall Furnace
Flooring Vinyl
Laundry In Kitchen, Stacked
Exterior
Parking Features Asphalt, Off Street
Fence Partial, Wood
Pool None
Community Features Urban
Utilities Available Overhead Utilities
View Y/N No
Roof Type Composition
Building
Lot Description Sprinklers In Rear, Landscaped, Level, Sprinklers Timer, Sprinklers On Side, Sprinkler System
Story 1
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Sander Harth • Compass
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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