Bought with David LeBeau
$6,930,000
$7,500,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
843 851 4th ST Encinitas, CA 92024
10,454 Sqft Lot
Key Details
Sold Price $6,930,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRNDP2405056
Year Built 1968
Lot Size 10,454 Sqft
Property Description
Wonderful 10 unit complex in one of the most desirable places in San Diego County: Downtown Encinitas. 1 property back from bluff, short walk to 30+ restaurants, beach, La Paloma Theater, Banks, Yoga studios, churches, train and bus stations etc. Solid rental area with upside to be realized by adding washer / dryer units to interiors and raising rents to market in this income property. Ideal unit mix: 8 - 1,000 sf 2Br / 2 Ba units, 2 - 750 sf 1Br / 1 Ba - 2 story Townhome style units. Also perfect situation to add 2 studio or 1 Br ADU's by converting garages, and increase income approx. $65k+ a year. Please be discrete and do not bother or talk to Residents.
Location
State CA
County San Diego
Area 92024 - Encinitas
Interior
Laundry Laundry Area
Exterior
Garage Spaces 16.0
Pool None
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