937 3rd St - Apartments FOR SALE


Encinitas, CA 92024
$3,650,000 USD
858-345-4514
937 3rd St, Encinitas, CA for Sale
$3,650,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

937 3rd St
Encinitas, CA 92024


HIGHLIGHTS

  • Turnkey and Location

OVERVIEW

MOVE IN READY! 937 3rd Street is an elegantly reimagined duplex nestled in the heart of downtown Encinitas. This modern gem offers a unique blend of sophistication and coastal charm, making it an exceptional opportunity to own a long-term legacy property in one of San Diego's most coveted locations. Spanning a generous 1,772 square feet, this duplex comprises two distinct units. The upper unit, with its 876 square feet, features 2 well-appointed bedrooms a stylish bathroom and a spacious private patio with room for family and friends. The lower unit offers 896 square feet of living space, also encompassing 2 bedrooms, generous modern bathroom and an oversized patio spanning the entire width of the unit along with side yard. Both units are thoughtfully designed with contemporary finishes and conveniences, including air conditioning and in-unit washers and dryers. The property's total lot size of 5,221 square feet presents a wealth of potential. The seller has conceptual plans for an additional two units and four garages on the back portion of the lot, providing ample options for future development. Located just moments away from shops, dining, the beach, entertainment, and transportation, this duplex places the best of Encinitas at your doorstep. Whether you choose to continue its use as an Airbnb and long-term rental or explore new development possibilities, this property is a must-see. Don't miss out on this incredible opportunity to own a piece of coastal paradise.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$2,060 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,825,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,221 SF

ZONING

R-4

APN/PARCEL ID

258-183-12

ASK ABOUT THIS PROPERTY

Criss CrozierCompass California III, IncMore Info
858-345-4514

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Criss CrozierCompass California III, IncMore Info
858-345-4514

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.