33.068718 -117.30075

243 E Glaucus Encinitas, CA 92024

284770622 33.068718 -117.30075 107 /listing/284770622-150089567/243-e-glaucus-encinitas-ca-92024 False 0 3500000.0 101 200052108 False
  • $3,500,000
  • Est payment $18788.76/mo

Property & Neighborhood Info

Courtesy Of Eric D. Comer, Broker

Commercial in Encinitas

Located west of Interstate 5 and situated in a single family and multifamily residential neighborhood, 243 E. Glaucus consists of 5 large apartment homes of two, three and four-bedroom floor plans. The property records show six legal units, which allows an investor to reconfigure floor plans to add one more unit. The property is just a few short blocks from Leucadia State Beach and retail and dining along from N. Coast Highway 101. The low density site features single level units with large private patios or yards and plenty of off street parking. The large floor plans are well designed and offer significant rental upside by completing interior and exterior renovations. Two units are reserved for households earning eighty percent (80%) or less of Area Median Income (AMI) for San Diego County for a period of 20 years from January 28, 2020. The investment offers multiple alternative exit strategies including redevelopment or the addition of accessory dwelling units.

Courtesy Of Eric D. Comer, Broker

Main Features

  • Listing Status: Contract Pending
  • County: San Diego
  • Units: 5
  • MLS Number:200052108

Additional Features

  • Parking:
    • Spaces
  • Showing Instructions:
    • Appt with Listing Office
  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Limited Service:
    • N/A
  • Sale Rent:
    • For Sale
  • Variable Rate Commission:
    • No
  • Special Information:
    • Other/Remarks
  • List Agent BRE:
    • 00842230
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • Listing Type:
    • Exclusive Agency (A)
  • SQFT Source:
    • Owner
  • Tax ID:
    • 254-325-33-00
  • Under Contract Date:
    • 2021-01-10
Neighborhood info courtesy of Homes.com © 2021

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Katrina Hamilton
Katrina Hamilton
438 Camino del Rio S #118 San Diego CA 92108
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