$13,150,000
$14,000,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
0.65 Acres Lot
SOLD DATE : 09/25/2024
Key Details
Sold Price $13,150,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2400124
Sold Date 09/25/24
HOA Y/N No
Year Built 1960
Lot Size 0.650 Acres
Lot Dimensions Assessor
Property Description
Gorgeous 21 unit Apartment complex in Downtown Encinitas on the bluffs overlooking the Ocean, and Swami's surf spot. Same Ownership for last 20 years. Units have been renovated to various extent over last 20 years but there is upside if the Buyers want to improve further and add w/d to each unit. Last 2Br condo sale in the neighborhood $2.85m. Newer pitched comp roof, water pipes replaced in 2003, pool and pool area renovated in last 2 years, newer windows, new 2nd floor deck going in now. Close to all the restaurants, shops, theater, banks, yoga studios, and train station on or near HWY 101.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning D-R25
Interior
Fireplace No
Appliance Dishwasher, Exhaust Fan, Electric Range, Gas Cooking, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Range Hood
Laundry Common Area
Exterior
Parking Features Asphalt
Pool Community, Solar Heat
Community Features Gutter(s), Park, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Pool
Utilities Available Cable Connected, Electricity Connected, Natural Gas Available
View Y/N Yes
View Bluff, Park/Greenbelt, Ocean, Water
Roof Type Composition
Total Parking Spaces 27
Private Pool No
Building
Lot Description 31-35 Units/Acre
Story 2
Entry Level One
Sewer Public Sewer
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 2581721900
Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Alex Knutson • Alex Knutson, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "