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$2,700,000 For Sale

224-226 Third Street
Encinitas, CA 92024

2 units | Multi Family 2-4 - MLS# 190039817
Property Photo

Description

Duplex offers buyer a very sought-after location with a panoramic ocean view, only STEPS from Moonlight Beach, downtown Encinitas, shopping, restaurants, train station, etc. Two units: Upper has two bedrooms, two baths, two-car garage; lower has one bedroom, one bath, one-car garage. Deck over two-car garage offers a terrific spot to entertain family and friends. Additional decks on both units. 5,000 square foot lot may offer buyer an opportunity to build two units.

Features

  • # of Buildings: 1
  • # of Units w/Dryers: 2
  • # of Units w/Garage: 2
  • # of Units w/Patios: 2
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • # Units w/Dishwashers: 1
  • Annual Expense Actual: 9384
  • Cap Rate Actual: 1.74
  • Community: Encinitas
  • Complex/Park: Moonlight Beach
  • County/Area: San Diego County
  • Fencing: Partial
  • Gross Rent Multiplier Act: 47.87
  • Gross Sched Income Actual: 56400
  • Listing Area: ENCINITAS (92024)
  • Listing Status: Active
  • Lot Size Area: 4, 000-7, 499 SF
  • Pets: Yes
  • Property Type: Multi Family 2-4
  • Roof: Composition
  • Siding: Wood/Stucco
  • Sub Type: Multi Family 2-4
  • Subdivision: Moonlight Beach
  • Subdivision/Neighborhood: Moonlight Beach
  • Tenant Pays: Cable TV, Electricity, Gas/Propane
  • Terms: Cash, Conventional
  • Unit 1 # Bedrooms: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 # Total Baths: 1
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Rent Actual: 1200
  • Unit 2 # Bedrooms: 2
  • Unit 2 # of Full Baths: 2
  • Unit 2 # Total Baths: 2
  • Unit 2 Deposit: 3500
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Rent Actual: 3500
  • Units: 2
  • Year Built: 1980
  • Zip Code: 92024
  • Zoning: R2
agent photo
Mary Ann 'M.A.' Bowden
RE/MAX At the Coast
732-B N. Coast Hwy 101
Encinitas, CA  92024
Phone/Text: (760) 525-4455
info@maryannbowden.com
DRE# 01247322

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