NOT LISTED FOR SALE

1560 N Coast Hwy Solana Beach, CA 92075

5 Beds
4 Baths
2,320 Sq Ft
1947 Built

Last Sold September 04, 2015

Last sale price $1,520,000 $655 Per Sq Ft

97 Days on Market

Highlights

  • Partially Fenced Property
  • Level Lot
  • West of 5 Freeway
  • Skyline Elementary School Rated A
  • Wood Siding
  • 1-Story Property

About This Home

As of September 2015

A rarely available 4-unit property on large 15,600 sf lot in the rapidly upward trending coastal neighborhood of Leucadia, in the city of Encinitas. This property has rehab potential as an existing multifamily property, and/or offers an investor the potential to redevelop this well-located site, just a few blocks from the Pacific Ocean and Grandview Beach, into a modern mixed-use project. Current unit mix is: 3 x 1br/1ba units, and 1 x 2br/1ba unit.

Last Agent to Sell the Property

Joseph Burrough

Palma Commercial License #02014504 Listed on: 04/21/2015

Last Buyer's Agent

Joseph Burrough

Palma Commercial License #02014504 Listed on: 04/21/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • Partially Fenced Property
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • West of 5 Freeway

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 254-054-52-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Avocado
  • Neighborhood: Leucadia
  • LP / Sq Ft: 38.48
  • Stories: 1 Story
  • Sale Price List Price: 0.97
  • Total Stories: 1
  • Year Built: 1947
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood, Wood/Stucco
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Wall/Gravity

Condo/Co-op/Association

  • Community: LEUCADIA

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: West of I-5
  • Topography: Level, Slope Gentle
  • Zoning: N-CRM-1
  • Assessor Parcel Number: 254-054-52-00

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Annual Expense Projected: 24595
  • Gross Rent Multiplier Projected: 23.5
  • Gross Sched Income Projected: 66600
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 1
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 3

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $1,520,000 -2.9% $655 / Sq Ft
07/25/2015 07/25/15 Pending -- -- --
04/19/2015 04/19/15 For Sale $1,565,000 -- $675 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joseph Burrough

    Seller's Agent in 2015

    Joseph Burrough

    Palma Commercial

    (858) 352-6742

    14 Total Sales

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Map

Source: San Diego MLS

MLS Number: 150021341

San Diego MLS

California San Diego County Solana Beach 92075

1560 N Coast Hwy, Solana Beach, CA

This home is located at 1560 N Coast Hwy, Solana Beach, CA 92075 since 21 April 2015. This property was built in 1947. 1560 N Coast Hwy is a home located in San Diego County with nearby schools including Skyline Elementary School, Solana Vista Elementary School, and Earl Warren Middle School.

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