955 Third St.

    Encinitas, CA 92024
    • $6,820,000
    • STATUS: SOLD
    • ON SITE: 98 days
    • ID#: 190026220
    Sold - 07/30/2019
    $6,820,000
    SOLD - 07/30/2019
    • 1
      BEDS
    • N/A
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Encinitas 18 is a well maintained 18-unit multifamily community in the heart of downtown Encinitas. The property is west of coastal Highway 101 and one block from the beach. Constructed in 1959, the complex has wood frame and flat roof construction, spanning two stories across 8,268 square feet. The property is comprised entirely of one-bedroom/one-bath units with amenities including a full kitchen with a breakfast nook, walk-in closets, on-site laundry facilities and a spacious courtyard.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/94747394

    955 Third St. Encinitas, CA 92024

    • Price: $6,820,000
    • Status: SOLD
    • Updated: 56 min ago
    • ID#: 190026220
    1
    Beds
    1
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Encinitas (92024)
    County:
    San Diego
    Area:
    Encinitas (92024)
    Property Description
    Encinitas 18 is a well maintained 18-unit multifamily community in the heart of downtown Encinitas. The property is west of coastal Highway 101 and one block from the beach. Constructed in 1959, the complex has wood frame and flat roof construction, spanning two stories across 8,268 square feet. The property is comprised entirely of one-bedroom/one-bath units with amenities including a full kitchen with a breakfast nook, walk-in closets, on-site laundry facilities and a spacious courtyard.
    Interior Features

    Sq Ft Of Improvement 8268

    Property Features

    Actual Gross Scheduled Income 357480 Actual Operating Expense 131907 Assumable Finance 0 Gross Equity 6820000 Gross Multiplier 19.08 Have 18 Units Mandatory Remarks None Known Market Area Coastal North Motive Want Sell Unit Number1 18

    Listing provided courtesy of Marcus & Millichap. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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