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.
Sold for $6,930,000 on 07/17/24
Listing Provided by:
Will Creagan DRE #00949450 willc@southwestep.com,
Southwest Equity Partners
Bought with: LeBeau Realty Advisors
$6,930,000
843-851 4th St, Encinitas, CA 92024
--beds
--baths
10,580sqft
Multi Family
Built in 1968
-- sqft lot
$6,725,900 Zestimate®
$655/sqft
$4,057 Estimated rent
Home value
$6,725,900
$6.12M - $7.33M
$4,057/mo
Zestimate® history
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What's special
Zillow last checked: 8 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#: NDP2405056
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Originating 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
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2024 | Sold | $6,930,000-7.6%$655/sqft |
Source:  CRMLS #NDP2405056 | ||
| 6/26/2024 | Contingent | $7,500,000$709/sqft |
Source: CRMLS #NDP2405056 | ||
| 6/11/2024 | Listed for sale | $7,500,000$709/sqft |
Source: CRMLS #NDP2405056 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92024
Nearby schools
GreatSchools rating
- 7/10Paul Ecke-Central Elementary SchoolGrades: K-6Distance: 1.2 mi
- 7/10Diegueno Middle SchoolGrades: 7-8Distance: 3.3 mi
- 9/10La Costa Canyon High SchoolGrades: 9-12Distance: 4.5 mi
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Estimated market value
$6,725,900
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
$6,725,900