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Property for sale: 330 W I Street in Encinitas

330 W I Street Encinitas

Main Photo: Property for sale: 330 W I Street in Encinitas
$14,000,000
Prop. Type:
2-4 Units
MLS® Num:
306078684
Status:
Active
Year Built:
125
Gorgeous 21 unit Apartment complex in Downtown Encinitas on the bluffs overlooking the Ocean, and Swami's surf spot. Same Ownership for last 20 years. Units have been renovated to various extent over last 20 years but there is upside if the Buyers want to improve further and add w/d to each unit. Last 2Br condo sale in the neighborhood $2.85m. Newer pitched comp roof, water pipes replaced in 2003, pool and pool area renovated in last 2 years, newer windows, new 2nd floor deck going in now. Close to all the restaurants, shops, theater, banks, yoga studios, and train station on or near HWY 101.
Total Floor Area:
Switch units of measure28,314 sq. ft.
Lot Size:
F).5+TO1AC
Lot Size:
Switch units of measure0.65 acre(s)
Number of Buildings:
2
Number of Units:
21
Year Built:
125
Stories:
1 Story
Total Stories:
2
Market Area:
OTHER
County:
San Diego
Neighborhood Code:
Downtown Encinitas
Home Owner Fees:
0.0
Mello Roos Fee:
1636.12
Monthly Total Fees:
136.0
Annual expense actual:
298012
Cap Rate.:
4.04
Gross Rent Multiplier:
16.27
Gross scheduled income:
952627
Unit Number for Unit 1:
2
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
1
Total Rent for Unit 1:
935268.0
Gorgeous 21 unit Apartment complex in Downtown Encinitas on the bluffs overlooking the Ocean, and Swami's surf spot. Same Ownership for last 20 years. Units have been renovated to various extent over last 20 years but there is upside if the Buyers want to improve further and add w/d to each unit. Last 2Br condo sale in the neighborhood $2.85m. Newer pitched comp roof, water pipes replaced in 2003, pool and pool area renovated in last 2 years, newer windows, new 2nd floor deck going in now. Close to all the restaurants, shops, theater, banks, yoga studios, and train station on or near HWY 101.
Site Influences:
Sidewalks
Lot Details:
.65 Acres
Exterior Features:
Stucco
Directions:
5 Freeway Exit at Encinitas Blvd. and go West to Highway 101 the go left, at I St go right to the top of the bluff and park in c
Number of Units with Cooling:
0
Number of Units with Patios:
10
Number of Units with Range/Oven:
21
Number of Units with Refrigerators:
21
Number of Units with Washers:
21
Pool:
Community/Common
Roof:
Composition
Water Heater Type:
Gas
Listing Type:
Exclusive Right (R)
Terms:
Cash
Assessments:
N/K
Parcel Number:
2581721900
Listed by Southwest Equity Partners
Data was last updated May 19, 2024 at 09:10 PM (UTC)
JAY BECKER
Data Source 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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.
  • Office: 858-412-4200
  • Fax: 855-589-7346
  • CAL BRE#: 01711873
  • CAL BRE# Office: 01767484
  • Pacific Sotheby's International Realty
  • 1111 Prospect Street
  • La Jolla, CA
  • 92037 US
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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 Multiple Listing Service, Inc. 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 © 2024 San Diego Multiple Listing Service, Inc.