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Sold for $6,930,000 on 07/17/24
  • Listing Provided by: 

    Will Creagan DRE #00949450 willc@southwestep.com,

    Southwest Equity Partners

    $6,930,000

    843-851 4th St, Encinitas, CA 92024

    --beds
    --baths
    10,580sqft
    Multi Family
    Built in 1968
    -- sqft lot
    $6,778,400 Zestimate®
    $655/sqft
    $4,256 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 18, 2024 at 11:49am

    Listing Provided by:

    Will Creagan DRE #00949450 willc@southwestep.com,

    Southwest Equity Partners

    Bought with:

    David LeBeau, DRE #00988232

    LeBeau Realty Advisors

    Source: CRMLS,MLS#: NDP2405056MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 10,580
    • Total interior livable area: 10,580 sqft

    Property

    Parking
    • Total spaces: 16
    • Parking features: Garage
    • Garage spaces: 6
    • Uncovered spaces: 10
    Features
    • Entry location: 3
    • Pool features: None
    Lot
    • Size: 10,454 sqft
    • Features: 36-40 Units/Acre, Landscaped
    Details
    • Additional parcels included: 2581711100
    • Parcel number: 2581711000
    • Zoning: D-R15
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Storm Drain(s), Street Lights, Water Sports
    Location
    • Region: Encinitas

    HOA & financial

    Other financial information
    • Total actual rent: 42425

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $6,778,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $6,778,400