NOT LISTED FOR SALE

353 3rd St Encinitas, CA 92024

Central Encinitas Neighborhood

Estimated Value: $3,288,000 - $3,716,658

5 Beds
4 Baths
1,940 Sq Ft
$1,807/Sq Ft Est. Value

Sale Details

Date Sold: August 19, 2022

Last sale price $3,000,000 $1,546 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $21,661 / mo

27 Days on Market

Highlights

  • Ocean View
  • Paul Ecke-Central Elementary Rated A
  • 3-minute walk to Moonlight State Beach

About This Home

As of August 2022

- Ocean Views from Both Units - Directly Across from Moonlight Beach - Irreplaceable Encinitas Beach Location - 3Bdrm/2Bthrm Front House w/ Laundry, Grassy Yard and Porch - 2Bdrm/2Bthrm Above Garages w/ Patio Deck - (3) Single-Car Garages - Potential ADU Play - Value-Add w/ Substantial Upside - Investment, Owner-Occupant &/or Vacation Rental - One Block to Downtown Encinitas - 1,940 Rental Square Feet, Lot Size: 4,976SF - Great Long-Term Investment - Trophy, Legacy Property - All Tenant Month-to-Month - *FAVORABLE ZONING: D-VCM (Visitor Commercial Mixed-Use)*

Last Agent to Sell the Property

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 07/07/2022

Last Buyer's Agent

James V. Carter

Apartment Realty Group (ARG) License #01352336 Listed on: 07/07/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 4,976 Sq Ft Lot

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Ocean Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity
  • Assessor Parcel Number 258-052-06-00

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Net Operating Income $37,072

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

4,976 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal North
  • Cross Street: B Street
  • Neighborhood: ENCINITAS
  • LP / Sq Ft: 27.61
  • Stories: 2 Story
  • Sale Price List Price: 0.83
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Stucco
  • Roof: Composition
  • View: Ocean

Utilities

  • Cooling: Wall/Window
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Community: ENCINITAS
  • Manager Phone: 858-837-1456

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: SAN DIEGUITO WATER DISTRICT
  • Zoning: D-VCM
  • Assessor Parcel Number: 258-052-06-00
  • Estimated Lot Sq Ft: 4976

Rental Info

  • Tenant Pays: Water, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 37072
  • Gross Rent Multiplier Actual: 42.8
  • Gross Rent Multiplier Projected: 19.97
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dryers: 1
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Aug 11, 2022
Sold by
Bought by
Seller's Agent
James V. Carter
Apartment Realty Group (ARG)
Buyer's Agent
James V. Carter
Apartment Realty Group (ARG)
List Price
$3,595,000
Sold Price
$3,000,000
Premium/Discount to List
-$595,000
-16.55%
Current Estimated Value
$3,505,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,665
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Aug 29, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,000,000 Ticor Title
-- None Available
-- None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $3,000,000 -16.6% $1,546 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $3,595,000 -- $1,853 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,155 $3,121,200 $2,892,312 $228,888
2024 $33,155 $3,060,000 $2,835,600 $224,400
2023 $32,325 $3,000,000 $2,780,000 $220,000
2022 $2,909 $214,870 $59,901 $154,969
2021 $2,961 $210,658 $58,727 $151,931
2020 $2,912 $208,499 $58,125 $150,374
2019 $2,865 $204,412 $56,986 $147,426
2018 $2,782 $200,405 $55,869 $144,536
2017 $191 $196,476 $54,774 $141,702
2016 $2,628 $192,624 $53,700 $138,924
2015 $2,580 $189,732 $52,894 $136,838
2014 $2,504 $186,016 $51,858 $134,158
Source: Public Records

Agents Affiliated with this Home

  • James V. Carter

    Seller's Agent in 2022

    James V. Carter

    Apartment Realty Group (ARG)

    (610) 755-1778

    2 in this area

    41 Total Sales

    James V. Carter
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 220017319

San Diego MLS

APN: 258-052-06

California San Diego County Encinitas 92024 Central Encinitas

353 3rd St, Encinitas, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.