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Key Details
Sold Price $2,288,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2409820
Sold Date 02/11/25
Bedrooms 4
Lot Size 0.802 Acres
Lot Dimensions 158' x 196' x 5
Property Sub-Type Res Income 2-4 Units
Property Description
Opportunity Knocks. Parcels of land this large do not become available often. Three units located on a beautiful .80 acre parcel of land in a great upscale Leucadia Neighborhood. Plenty of space available to build a trophy family compound. There is also the possibility to remodel the existing structure using the City of Encinitass 50% renovation rules to add sqft., then add a junior ADU and either keep the existing ADU or build new. There is also the potential to process an SB9 project to obtain additional lots. All three units are currently rented, however rents are currently under market. Unit A is a 2 Bedroom 1 Bath (downstairs) in the main structure and (upstairs) Unit B is 2 Bedroom 1 Bath. Unit C is a detached accessory unit, approximately 1000 sq. ft. that has 2 Bedrooms and 1 Bath. All the units have separate meters for Gas and Electric. Owner currently pays for water. Amazing rural area with larger sized parcels and many high end homes located hear by. Walking distance to a highly sought after elementary school (Capri) which offers the Spanish immersion program. Enjoy the feel of Country Living with the beach only minutes away. Located near Shopping, Restaurants, Encinitas Ranch Golf Course and easy access to I-5.
Location
State CA
County San Diego
Zoning Assessor
Direction Leucadia Blvd to Urania. Turn right on Normandy Lane. Property is on the south side of the street.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 2543520500
Acceptable Financing Cash
Listing Terms Cash
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