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$ 2,599,000
Est. payment | /mo
4 Beds
2 Baths
8,990 Sqft Lot
$ 2,599,000
Est. payment | /mo
4 Beds
2 Baths
8,990 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2500815
Bedrooms 4
HOA Y/N No
Lot Size 8,990 Sqft
Lot Dimensions 40' x 225'
Property Sub-Type Res Income 2-4 Units
Property Description
Duplex on an unusually large West of 101 lot - 1/2 block from the Pacific Ocean!!! This property hasn't seen the open market in decades -- currently operated as a Short term rental and averaging $13k/month. It sits on rare R-11 zoned land, which allows, by right, the ability to add 2 more adu's. You could also get creative with SB-9 and look to re-develop this parcel into potentially 8 units down the road; Or have a killer lot to develop into your dream home with pool & guest quarters, while collecting Awesome cash flow, along the way!! All information deemed reliable but not guaranteed - Buyer and Buyer's agent to verify all.
Duplex on an unusually large West of 101 lot - 1/2 block from the Pacific Ocean!!! This property hasn't seen the open market in decades -- currently operated as a Short term rental and averaging $13k/month. It sits on rare R-11 zoned land, which allows, by right, the ability to add 2 more adu's. You could also get creative with SB-9 and look to re-develop this parcel into potentially 8 units down the road; Or have a killer lot to develop into your dream home with pool & guest quarters, while collecting Awesome cash flow, along the way!! All information deemed reliable but not guaranteed - Buyer and Buyer's agent to verify all.
Duplex on an unusually large West of 101 lot - 1/2 block from the Pacific Ocean!!! This property hasn't seen the open market in decades -- currently operated as a Short term rental and averaging $13k/month. It sits on rare R-11 zoned land, which allows, by right, the ability to add 2 more adu's. You could also get creative with SB-9 and look to re-develop this parcel into potentially 8 units down the road; Or have a killer lot to develop into your dream home with pool & guest quarters, while collecting Awesome cash flow, along the way!! All information deemed reliable but not guaranteed - Buyer and Buyer's agent to verify all.
Location
State CA
County San Diego
Area Encinitas (92024)
Zoning Assessor
Building
Story 1
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash, Conventional
Space Rent $6,500
Listing Terms Cash, Conventional
Listed by David Miller • Swell Property
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Patrick Cohen
REALTOR® | Lic# 1936110