$2,288,000
SOLD FEB 11, 2025
4 Beds
2 Baths
1,860 Sq Ft
0.8 Acres

Recently Sold

$1,230 Per Sq Ft

5% Below List Price

23 Days on Market

Highlights

  • 0.8 Acre Lot
  • Park or Greenbelt View
  • No HOA
  • Capri Elementary School Rated A
  • Private Yard
  • Laundry Room

About This Home

As of February 2025

Opportunity Knocks. Parcels of land this large do not become available often. Three units located on a beautiful .80 acre parcel of land in a great upscale Leucadia Neighborhood. Plenty of space available to build a trophy family compound. There is also the possibility to remodel the existing structure using the City of Encinitas’s 50% renovation rules to add sqft., then add a junior ADU and either keep the existing ADU or build new. There is also the potential to process an SB9 project to obtain additional lots. All three units are currently rented, however rents are currently under market. Unit A is a 2 Bedroom 1 Bath (downstairs) in the main structure and (upstairs) Unit B is 2 Bedroom 1 Bath. Unit C is a detached accessory unit, approximately 1000 sq. ft. that has 2 Bedrooms and 1 Bath. All the units have separate meters for Gas and Electric. Owner currently pays for water. Amazing rural area with larger sized parcels and many high end homes located hear by. Walking distance to a highly sought after elementary school (Capri) which offers the Spanish immersion program. Enjoy the feel of Country Living with the beach only minutes away. Located near Shopping, Restaurants, Encinitas Ranch Golf Course and easy access to I-5.

Last Agent to Sell the Property

Kyle Murphy

Coldwell Banker Realty Brokerage Email: kyle@dirtrealtor.com License #01847767

Coldwell Banker Realty

Co-Listed By

Janet McCollough

Coldwell Banker Realty Brokerage Email: kyle@dirtrealtor.com License #00887068

Last Buyer's Agent

Frank Carpenter

Frank Carpenter Real Estate License #01782557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 1970

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 158' x 196' x 50' x 85' x178' x 178'
  • 1 Common Wall
  • Rural Setting
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Private Yard
  • Garden
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Shared Driveway

Home Design

  • Property Attached

Interior Spaces

  • 1,860 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Agricultural
  • No Heating

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 1992
  • Assessor Parcel Number 2543520500
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $54,729

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,296

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Janet McColloug
  • Other Phone Number: 760 613-5263
  • Price Per Unit: 800000
  • Property Attached: Yes
  • View: Yes
  • Zoning: RR2
  • Property Type: Residential Income
  • Parcel Number: 2543520500
  • Year Built: 1970
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 1230.11

Exterior Features

  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Agricultural, Back Yard, Front Yard, Garden, Level, Yard
  • Lot Size: 158' x 196' x 50' x 85' x178' x 178'
  • Lot Size Sq Ft: 34947.00
  • Lot Size Acres: 0.8023

Multi Family

  • Gross Income: 54729.00
  • Gross Scheduled Income: 54729.00
  • Lot Size Area: 34947.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 2
  • Number With Range: 3
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 4560.00

Tax Info

  • Tax Lot: 29
  • Tax Tract Number: 001992

Map

Range of Values:

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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
02/11/2025 02/11/25 Sold $2,288,000 -4.7% $1,230 / Sq Ft
11/30/2024 11/30/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $2,400,000 -- $1,290 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2024 $3,296 $202,434 $72,447 $129,987
2023 $3,124 $198,466 $71,027 $127,439
2022 $2,994 $194,576 $69,635 $124,941
2021 $2,889 $190,762 $68,270 $122,492
2020 $2,794 $188,806 $67,570 $121,236
2019 $2,751 $185,105 $66,246 $118,859
2018 $2,710 $181,477 $64,948 $116,529
2017 $191 $177,920 $63,675 $114,245
2016 $2,608 $174,432 $62,427 $112,005
2015 $2,519 $171,813 $61,490 $110,323
2014 $2,427 $168,448 $60,286 $108,162
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,565,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed -- Equity Title
Grant Deed $2,288,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

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