647 San Dieguito Dr, Encinitas, CA 92024

$2,100,000
6
BD
5
BA
List Price
$2,100,000
Days on Market
61
Status
ACTIVE
MLS#
190046195
Bedrooms
6
Bathrooms
5
Lot Size(Range)
7,500-10,889 SF
Lot Size(apprx.)
9,818
City
Encinitas
Neighborhood
Encinitas
School District
Encinitas Union School District
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
1960

Property Description

Once in a lifetime opportunity in Encinitas Highlands! Charming beach home + four non-confirming units with excellent income & amazing character! Charming single level home has hardwood floors throughout, cozy fireplace, fenced yard, & prime walk to beach & town loca! Fifth unit is also 1 br, 1 ba, approx. 485 SF, mo. rent of $1895.00. All 1/1 units are cozy with pvt patios or shared yard area + pvt storage, off-st parking + shared laundry on site. Rent on home is low for market conditions. DRIVE BY ONLY

Additional Information

Actual Income Other
1
Building Name
N/A
Cooling
N/K
Gross Rent Multiplier Actual
15
Gross Rent Multiplier Project
13
Gross Scheduled Income Actual
138975
Lot Size
9,818
Lot Size Range
7,500-10,889 SF
Neighborhood
Encinitas
Roof
Composition
Stories
1 Story
Style
Res Income 2-4 Units
Tenant Pays
N/K
Year Built
1960

Room Dimensions

Supplement
You can't beat the income, nor the location! Located in prime & very convenient Encinitas Highlands neighborhood, this special property is only 2 blocks to downtown Encintas, one block to Enc Library and Enc, Viewpoint park/dog park, and three blocks to Moonlight & D St Beaches! All Utilities are included in rents, and rentals included extra storage space, assigned parking & common laundry room with pay washer & dryers. Cannot beat the income on this amazing property in prime location! Buyer's to satisfy themselves with present City of Enc. zoning and density regulations before presenting offer to purchase. NO showings without accepted offer & proof of funds. Fifth unit security deposit is $2095.00 (which is one of the four non-conforming units behind the single level home). Please see attachments in MLS: City of Encintas documentation regarding non-conforming units & building record from county building dept. Buyer to confirm review of all information prior to presenting contract and proof of funds. Please do not go on-site per required above.No sign on property/ drive by only. Net rent on house is $2900 as tenants are given a $150 credit for doing the landscape maintenance at the property. The house rent is approx. $800-$1000 under market rates.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Pacific Sotheby's Int'l Realty

board logo

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®,