Encinitas, CA 92024,843 4th Street
Listed by Will Creagan • Southwest Equity Partners
Bought with Datashare CR Don't Delete Default Agent • Datashare CR Default Office Don't Delete

$6,930,000

$7,500,000

7.6%
Est.Price: ?

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Est. payment /mo

10,580 SqFt


SOLD DATE : 07/17/2024

Key Details

Sold Price $6,930,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 10,580 sqft

Price per Sqft $655

MLS Listing ID CRNDP2405056

Sold Date 07/17/24

HOA Y/N No

Originating Board Datashare California Regional

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

Interior

Fireplace No

Laundry Other

Building

Lot Description Other

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Bay East AOR and Contra Costa AOR

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agent
Paul LeJoy

Broker-Owner | Lic# 01467744

+1(510) 299-0093

34906 Newark Blvd, Newark, CA

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