Description

Once in a lifetime opportunity in prime Encinitas Highlands location: five unit opportunity! FIFTH UNIT is single family HOME~charming, spacious 3 br, 2 ba, approx. 1350 sq ft, with hardwood floors, remodeled kitchen, family room, dedicated laundry facilities & dedicated fenced front & rear yards. The 4 one bedroom units are located in separate building on rear portion of large 9818 sq ft lot. Four 1 br. units share large fenced yard & share coin-operated laundry facilities & storage areas. A truly rare opportunity to purchase an income property of this caliber within easy walk to the vibrant village of downtown Encinitas with shops, restaurants, library, Enc. train station, Moonlight Beach, Swamis Beach park, & more! All units updated with renovated kitchens + one unit has deck & one unit has a patio. Roofs recently updated &/or replaced. Easy beach cruiser ride to Cardiff with Cardiff Market & Leucadia with farmer's market, restaurants & more. Short walk from property to La Paloma Theater, Encinitas Library & 3 beaches. Property is well-maintained reflecting present owner's pride of ownership & excellent management during their ownership. Dedicated parking spaces for all units, plus additional parking in driveway. Over-sized 9818 sq ft lot presents an incredible value in itself, in addition to the first class location: both of which ensure continued consistent+maximized income potential. All units consistently rented with no vacancies. See attachments in MLS for seller's P & L , rent roll. income statement, more info on units from City of Enc. & state housing info. .

Features

​​​​​​​