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Key Details
Sold Price $4,200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Subdivision Leucadia
MLS Listing ID 240009647SD
Sold Date 06/03/24
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1960
Property Description
Amazing opportunity to own a coastal property on one of the last double corner lots 200 feet from the ocean on one of the most iconic streets in Encinitas. This trophy property sits on a splitable 7,481 sq ft lot and currently consists of a detached 3 bedroom/2 bath home and attached 2 bedroom/2 bath and 1 bedroom/1 bath units that have been beautifully upgraded and obtain top market rents. They all have their own private yards and laundry, which is very rare in this area. You can live in the detached upgraded 3 bedroom house while generating rental income from the other two units. In addition, there are numerous opportunities for you to come in and build a brand new home with an ADU that is steps to the ocean, or split the lot and build two new homes with their own ADU’s, or tear down and build an amazing Triplex! Located walking distance to Moonlight Beach, Stone Steps Beach, and Downtown Encinitas, rarely do you find a property like this with an unbeatable location and tremendous development opportunity. Amazing opportunity to own a coastal property on one of the last double corner lots 200 feet from the ocean on one of the most iconic streets in Encinitas. This trophy property sits on a splitable 7,481 sq ft lot and currently consists of a detached 3 bedroom/2 bath home and attached 2 bedroom/2 bath and 1 bedroom/1 bath units that have been beautifully upgraded and obtain top market rents. They all have their own private yards and laundry, which is very rare in this area. You can live in the detached upgraded 3 bedroom house while generating rental income from the other two units. In addition, there are numerous opportunities for you to come in and build a brand new home with an ADU that is steps to the ocean, or split the lot and build two new homes with their own ADU’s, or tear down and build an amazing Triplex! Located walking distance to Moonlight Beach, Stone Steps Beach, and Downtown Encinitas, rarely do you find a property like this with an unbeatable location and tremendous development opportunity.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning R-2:Minor
Rooms
Other Rooms Guest House Detached
Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Interior
Interior Features Bedroom on Main Level
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,Laundry Room
Heating Fireplace(s), Natural Gas
Cooling None
Flooring Laminate, Tile, Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Built-In Range, Convection Oven, Gas Oven, Gas Range, Gas Water Heater
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Converted Garage, Off Site, On Street
Garage Spaces 1.0
Garage Description 1.0
Pool None
View Y/N Yes
View Ocean, Peek-A-Boo
Roof Type Composition
Porch Deck
Parking Type Converted Garage, Off Site, On Street
Total Parking Spaces 2
Private Pool No
Building
Story 1
Entry Level One
Architectural Style Cottage
Level or Stories One
Additional Building Guest House Detached
New Construction No
Others
Senior Community No
Tax ID 2563512200
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Financing Cash
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Bought with Tyler Snyder • Snyder Real Estate Group
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