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Listed by Kyle Murphy • Coldwell Banker Realty
$ 2,400,000
Est. payment | /mo
1,860 SqFt
$ 2,400,000
Est. payment | /mo
1,860 SqFt
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $1,290
MLS Listing ID CRNDP2409820
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1970
Lot Size 0.802 Acres
Property Description
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.
Location
State CA
County San Diego
Interior
Cooling No Air Conditioning
Fireplace No
Laundry Laundry Room
Exterior
View Greenbelt
Building
Lot Description Agricultural, Level, Other, Back Yard, Front Yard, Garden
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Paul LeJoy
Broker-Owner | Lic# 01467744