Unique opportunity to purchase two lots situated on approximately 57,934 Sq Ft (1.33 Acres) in a prime Encinitas location. The property has multiple buildings, a large parking lot with 27 spots and is currently leased to a successful, long-standing Montessori School. Last year's gross income was approximately $241K!!!! APN Parcel 259-190-61-00 and 259-190-62-00. This is an incredible investment opportunity and possible redevelopment opportunity not to be missed!
Multi-familyProperty Type
1980Year Built
Listed by Kevin Hall•DRE #01050521• Berkshire Hathaway HomeServices California Properties
•619-920-3492 (agent)
•kevinh@bhhscal.com (agent)
Bought with Kevin Hall•DRE #01050521• Berkshire Hathaway HomeServices California Properties
Unique opportunity to purchase two lots situated on approximately 57,934 Sq Ft (1.33 Acres) in a prime Encinitas location. The property has multiple buildings, a large parking lot with 27 spots and is currently leased to a successful, long-standing Montessori School. Last year's gross income was approximately $241K!!!! APN Parcel 259-190-61-00 and 259-190-62-00. This is an incredible investment opportunity and possible redevelopment opportunity not to be missed!
SDMLS #240000015
Dec 29, 2023
Sold
$3,520,000
Aug 3, 2023
Listed
$4,600,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Vacant Land
County
San Diego County
APN
259-190-61-00
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2023.
RR2
SCNC VIEW
C/NRO
H_IBOZ
Rural Residential 2 Zone
Rural Residential 2 is intended to provide for low density single-family detached residential units with minimum lot sizes of 21,500 net sq ft and maximum densities of 2 units per net acre, as a transition from the rural to the more suburban areas within the City. One primary dwelling is permitted on each legal lot. Single-family units may be attached to other single-family units provided each unit is located on a separate legal lot with approval of a PRD.
Zone overlays
Scenic Visual Corridor overlay zone
Cultural/Natural Resources Overlay Zone
Hillside/Inland Bluff Overlay Zone
Permitted uses
Include but are not limited to:
Equestrian facility
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Agriculture-Pastureland
Housing-Mobile home park
Property details
Interior
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Forced Air, Natural Gas
Exterior
Exterior Features
Fencing: Full
Roof: Composition
Building Information
# of Stories Total: 1
Construction Materials: Stucco
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Res Income 2-4 Units
Land Information
Irrigation Source: Manual
Lot Information
Lot Size Units: Acres
Zoning: RR-2
Utilities
Utility Information
Utilities: Cable Available, Sewer Connected
Location
HOA Information
Association Fee Includes: Cable TV
Location Information
Subdivision Name: ENCINITAS
Community Information
Building Name: N/A
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Vacant Land
Year Built: —
Year Renovated: —
County: San Diego County
APN: 259-190-61-00
Home facts updated by county records on Aug 8, 2023
Other
Listing Information
List AOR: San Diego Association of REALTOR
Around this home
Schools
Park Dale Lane Elementary School
Public K-6 • Assigned • 0.6mi
7/10
Oak Crest Middle School
Public 7-8 • Assigned • 1.5mi
7/10
La Costa Canyon High School
Public 9-12 • Assigned • 2.5mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 87° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Encinitas, CA • 92024
Average low and high temperatures (°F)
68
46
68
49
70
51
68
53
70
58
73
62
72
63
75
64
76
64
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 7.3 hours in December, placing it above the
U.S. average for solar exposure.
8.7 hrs
7.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$3.45M – $4.17M
Sell confidently with a local market expert in Encinitas. 3 minutes to get started.