NOT LISTED FOR SALE
4 Beds
-- Bath
-- Sq Ft
1.33 Acres

Last Sold December 29, 2023

Last sale price $3,520,000

Highlights

  • 57,934 Sq Ft lot
  • Forced Air Heating System
  • Gentle Sloping Lot
  • Ocean Knoll Elementary School Rated A
  • Property is Fully Fenced
  • 5-minute walk to Oakcrest Park

About This Home

As of December 2023

Unique opportunity to purchase two lots situated on approximately 57,934 Sq Ft (1.33 Acres) in a prime Encinitas location. The property has multiple buildings, a large parking lot with 27 spots and is currently leased to a successful, long-standing Montessori School. Last year's gross income was approximately $241K!!!! APN Parcel 259-190-61-00 and 259-190-62-00. This is an incredible investment opportunity and possible redevelopment opportunity not to be missed!

Last Agent to Sell the Property

Kevin Hall

Berkshire Hathaway HomeServices California Properties License #01050521 Listed on: 12/30/2023

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Kevin Hall

Berkshire Hathaway HomeServices California Properties License #01050521 Listed on: 12/30/2023

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 1.33 Acre Lot
  • Property is Fully Fenced
  • Gentle Sloping Lot
  • Irrigation

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Association fees include cable/tv services
  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gardener, hot water
  • Assessor Parcel Number 259-190-61-00

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Manchester
  • Neighborhood: Encinitas
  • Stories: 1 Story
  • Sale Price List Price: 0.77
  • Total Stories: 1
  • Year Built: 1980
  • 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: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Telecommunications: Cable (coaxial)
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: ENCINITAS
  • Home Owner Association Fee Includes: Cable/TV Services
  • Manager Name: Owner

Lot Info

  • Irrigation: Manual
  • Lot Size: 1+ to 2 AC
  • Topography: Slope Gentle
  • Zoning: RR-2
  • Additional Property Use: Res/Business Use OK
  • Assessor Parcel Number: 259-190-61-00
  • Estimated Lot Sq Ft: 57934

Rental Info

  • Tenant Pays: Electricity, Gardener, Hot Water

Multi Family

  • No. of Units: 2
  • Gross Rent Multiplier Actual: 19.08
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
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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 List to Sale Price per Sq Ft
12/30/2023 12/30/23 For Sale $4,600,000 +30.7% --
12/29/2023 12/29/23 Sold $3,520,000 -- --
Source: San Diego MLS

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240000015

San Diego MLS