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Angel Ramirez

angel@ramirezrealtygroup.com +1(619) 818-4318

$ 2,895,000

Est. payment | -/mo

5,057 Sqft Lot

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$ 2,895,000

Est. payment | -/mo

Save Virtual Tour

5,057 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NDP2606629

HOA Y/N No

Year Built 1928

Lot Size 5,057 Sqft

Property Sub-Type Triplex

Property Description

This TURNKEY property has been used by one couple as a primary residence only. It has not been used as a rental property and therefore there is no history of rental income nor rental expenses. Positioned in one of Southern California's most coveted coastal markets, this rare downtown Encinitas property presents an outstanding opportunity to acquire a premier infill development site with immediate income potential. Situated on a 5,000+ square foot lot and improved with three existing residences, the property offers the unique advantage of generating rental income while planning and pursuing future redevelopment. Located within the highly desirable Downtown Commercial Mixed-Use (D-CM-2) zoning district, the site provides exceptional flexibility for residential, retail, professional office, or mixed-use development (buyer to verify all permitted uses and development potential). Just a short walk to the beach, historic Highway101, acclaimed restaurants, cafés, boutiques, and transit, the property's premier location supports a wide range of development opportunities in one of North County's highest-demand coastal communities. Whether your vision includes a boutique mixed-use project, luxury residential residences, a live/work concept, or a long-term strategic land investment, this property offers the location, zoning, and existing cash flow to maximize value. Opportunities to acquire developable property with holding income in downtown Encinitas are exceptionally limited, making this a compelling investment for developers seeking a signature project in an irreplaceable coastal location. Buyer to confirm all details before COE.

Location

State CA

County San Diego

Area 92024 - Encinitas

Zoning D-CM-2

Interior

Cooling Ductless

Fireplace No

Appliance Dryer, Washer

Laundry Inside

Exterior

Pool None

Community Features Street Lights, Sidewalks

View Y/N No

Private Pool No

Building

Lot Description Landscaped, Near Public Transit

Story 1

Sewer Public Sewer

Others

Senior Community No

Tax ID 2581630800

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2606629

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Listed by Tyler Polan Compass tyler.polan@compass.com, DRE #00917504

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 818-4318

angel@ramirezrealtygroup.com

310 Third Ave Suite # C-3, Chula Vista, California 91910, United States

765 67 2nd Street Encinitas, CA 92024

Angel Ramirez

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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765 67 2nd Street