Excellent redevelopment opportunity in Downtown Encinitas - Multi-use commercial, office and residential zone - Highly desirable location for both office and residential - Great street frontage on corner lot with exposure to Hwy 101. The Subject real estate is comprised of two separate buildings immediately adjacent to each other located at: 777, 779 & 793 2nd St in Encinitas, CA. These three properties are situated on two lots totaling approximately 10,175 SF.
Multi-familyProperty Type
1957Year Built
10,175 sq ftLot Size
Listed by Jonathan Minerick•DRE #01523060• HomeCoin.com
•888-400-2513 (agent)
•Info@homecoin.com (agent)
Bought with Out of Area Agent•DRE #00999999• Out of Area Office
Excellent redevelopment opportunity in Downtown Encinitas - Multi-use commercial, office and residential zone - Highly desirable location for both office and residential - Great street frontage on corner lot with exposure to Hwy 101. The Subject real estate is comprised of two separate buildings immediately adjacent to each other located at: 777, 779 & 793 2nd St in Encinitas, CA. These three properties are situated on two lots totaling approximately 10,175 SF. Neighborhoods: Downtown Encinitas Exterior: Wood/Stucco Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: North Back Unit # for Unit 2: North Frnt Unit # for Unit 3: South Number of Furnished Units: 0 Topography: LL
Year
Property tax
Land + Additions
Assessment*
2022
$17,595 (+1.7%)
$1,576,767 + $42,046
$1,618,813
2021
$17,299 (+0.6%)
$1,576,767 + $42,046
$1,618,813
2020
$17,201 (+1,106.7%)
$1,545,850 + $41,222
$1,587,072
2019
$1,425 (−0.5%)
$1,530,000 + $40,800
$1,570,800
2018
$1,432 (−3.9%)
$39,737 + $42,435
$82,172
2017
$1,490 (−0.3%)
$38,195 + $40,788
$78,983
2016
$1,494 (−5.1%)
$38,195 + $40,788
$78,983
2015
$1,575 (+5.1%)
$37,447 + $39,989
$77,436
2014
$1,498 (−0.8%)
$36,163 + $38,618
$74,781
2013
$1,510 (+7.4%)
$36,163 + $38,618
$74,781
2012
$1,406 (+5.8%)
$36,000 + $38,444
$74,444
2011
$1,328 (+9.0%)
$35,295 + $37,691
$72,986
2010
$1,218 (+1.0%)
$34,603 + $36,952
$71,555
2009
$1,207 (+2.5%)
$34,345 + $36,676
$71,021
2008
$1,177
$34,427 + $36,764
$71,191
Tax history for 777-793 2nd St
Year
Property tax
Land + Additions
Assessment*
2022
$17,595 (+1.7%)
$1,576,767 + $42,046
$1,618,813
2021
$17,299 (+0.6%)
$1,576,767 + $42,046
$1,618,813
2020
$17,201 (+1,106.7%)
$1,545,850 + $41,222
$1,587,072
2019
$1,425 (−0.5%)
$1,530,000 + $40,800
$1,570,800
2018
$1,432 (−3.9%)
$39,737 + $42,435
$82,172
2017
$1,490 (−0.3%)
$38,195 + $40,788
$78,983
2016
$1,494 (−5.1%)
$38,195 + $40,788
$78,983
2015
$1,575 (+5.1%)
$37,447 + $39,989
$77,436
2014
$1,498 (−0.8%)
$36,163 + $38,618
$74,781
2013
$1,510 (+7.4%)
$36,163 + $38,618
$74,781
2012
$1,406 (+5.8%)
$36,000 + $38,444
$74,444
2011
$1,328 (+9.0%)
$35,295 + $37,691
$72,986
2010
$1,218 (+1.0%)
$34,603 + $36,952
$71,555
2009
$1,207 (+2.5%)
$34,345 + $36,676
$71,021
2008
$1,177
$34,427 + $36,764
$71,191
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
—
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
1957
Sq. Ft.
1,415
Year built
1957
Style
Multi-Family (2-4 Unit)
County
San Diego County
APN
2581630700
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 20, 2023.
D-CM-2
Downtown Encinitas Specific Plan-Commercial Mixed - Second Street Zone
This zone is intended to allow individual properties to develop as either residential, commercial, office professional or, a mixed-use of commercial/office and residential uses. In a mixed-use project, residential uses may be allowed on the same property or in the same structure as a commercial use, with the intent of providing housing opportunities while also mitigating the impacts between commercial and residential uses.
Permitted uses
Include but are not limited to:
Bank
Convenience store
Day care facility
General retail
Restaurant
Housing
Housing-Single unit
Housing-Multiple units
Housing-Other
Office
Property details
Interior
Multi-Unit Information
# of Units: 3
# of Units With Dishwashers: 3
# of Units With Patios: 2
# of Units With Range/Oven: 3
# of Units With Refrigerator: 3
Annual Expense (Actual): $4,560
Net Operating Income (Actual): $41,040
Tenant Pays: Other (See Remarks)
Unit 1 Information
Unit Number: North Back
# of Bedrooms: 1
# of Baths (Total): 1
# of Baths (Full): 1
Laundry Hook-Ups: Common
Exclusive-Use Yard
Rent (Actual): $1,250
Unit 2 Information
Unit Number: North Frnt
# of Bedrooms: 2
# of Baths (Total): 1
# of Baths (Full): 1
Laundry Hook-Ups: Common
Unit 3 Information
Unit Number: South
# of Bedrooms: 2
# of Baths (Total): 1
# of Baths (Full): 1
Laundry Hook-Ups: Yes
Exclusive-Use Yard
Rent (Actual): $1,200
Exterior
Exterior Features
Construction: Wood/Stucco
Fencing: Partial
Building Information
# of Buildings: 2
Year Built: 1957
Total Stories: 1
Entry Only
Roof: Composition
Property Information
Res Income 2-4 Units
Pets Subject to Restrictions
Sign on Property: No
Lot Information
# of Acres (Approximate): 0.23
Frontage Dimensions in Ft.: 100
Lot Dimensions (Approximate): 100 x 101
Lot Size: 7,500-10,889 Sq. Ft.
Lot Size Source: City/County Records
Alley Access, Corner Lot, Curbs, Rear Yard Street Access, Street Paved, West of I-5, West of 101