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Key Details
Sold Price $4,200,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Encinitas
MLS Listing ID 240009645
Sold Date 06/03/24
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1960
Lot Size 7,481 Sqft
Property Description
Amazing opportunity to own a coastal Triplex on one of the last double corner lots 200 feet from the ocean on one of the most iconic streets in Encinitas. This trophy property sits on a splitable 7,481 sq ft lot and currently consists of a detached 3 bedroom/2 bath home and attached 2 bedroom/2 bath and 1 bedroom/1 bath units that have been beautifully upgraded and obtain top market rents. They all have their own private yards and laundry, which is very rare in this area. In addition, there are numerous opportunities for you to come in and build a brand new home with an ADU that is steps to the ocean, or split the lot and build two new homes with their own ADU’s, or tear down and build an amazing Triplex! Located walking distance to Moonlight Beach, Stone Steps Beach, and Downtown Encinitas, rarely do you find a property like this with an unbeatable location and tremendous development opportunity.
Amazing opportunity to own a coastal Triplex on one of the last double corner lots 200 feet from the ocean on one of the most iconic streets in Encinitas. This trophy property sits on a splitable 7,481 sq ft lot and currently consists of a detached 3 bedroom/2 bath home and attached 2 bedroom/2 bath and 1 bedroom/1 bath units that have been beautifully upgraded and obtain top market rents. They all have their own private yards and laundry, which is very rare in this area. In addition, there are numerous opportunities for you to come in and build a brand new home with an ADU that is steps to the ocean, or split the lot and build two new homes with their own ADU’s, or tear down and build an amazing Triplex! Located walking distance to Moonlight Beach, Stone Steps Beach, and Downtown Encinitas, rarely do you find a property like this with an unbeatable location and tremendous development opportunity.
Location
State CA
County San Diego
Community Encinitas
Area Encinitas (92024)
Building/Complex Name Neptune
Interior
Heating Natural Gas
Fireplaces Number 1
Appliance Fireplace, Wall/Gravity
Exterior
Exterior Feature Wood/Stucco
Garage Unit3:Attached
Fence Full
Roof Type Composition
Building
Lot Description Alley Access, Corner Lot, Sidewalks, West of I-5, West of 101
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $4,600
Listing Terms Cash, Conventional
Financing Cash
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Bought with Tyler Snyder • Snyder Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "