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Listing 6 out of 110
Sold for $6,820,000 Sold

955 Third St.
Encinitas, CA 92024

18 units | Multi Family 5+ - MLS# 190026220
Property Photo

Sold

Sold for $6,820,000 on Jul 30, 2019

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.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Sold
  • Listing Price: $6,820,000
  • County/Area: San Diego County
  • Zip Code: 92024
  • Units: 18 units
  • # of Baths (1): 1
  • # of Bedrooms (1): 1
  • # of Units (1): 18
  • Actual Gross Schd Income: 357480
  • Actual Operating Expense: 131907
  • Gross Equity: 6820000
  • Listing Area: ENCINITAS (92024)
  • SqFt of Improvement: 8268
  • Sold Price: 6820000
  • Sold Date: 2019-07-30
Courtesy of Marcus & Millichap

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