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Off Market Jul 2024 for $6.9M

—

•

— ba

•

10,580

sq ft

843-851 4th St, Encinitas, CA 92024

About this home

Wonderful 10 unit complex in one of the most desirable places in San Diego County: Downtown Encinitas. 1 property back from bluff, short walk to 30+ restaurants, beach, La Paloma Theater, Banks, Yoga studios, churches, train and bus stations etc. Solid rental area with upside to be realized by adding washer / dryer units to interiors and raising rents to market in this income property. Ideal unit mix: 8 - 1,000 sf 2Br / 2 Ba units, 2 - 750 sf 1Br / 1 Ba - 2 story Townhome style units. Also perfect situation to add 2 studio or 1 Br ADU's by converting garages, and increase income approx. $65k+ a year. Please be discrete and do not bother or talk to Residents.

Multi-familyProperty Type

1968Year Built

10,454 sq ftLot Size

$655Price/Sq.Ft.

6 garage spacesParking

Listed by Will Creagan •DRE #00949450 • Southwest Equity Partners

Contact: willc@southwestep.com

Bought with David LeBeau •DRE #00988232 • LeBeau Realty Advisors

Redfin checked: 3 minutes ago

•Source:CRMLS #NDP2405056

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 92024, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.0%

0.6% MoM

Median sale price

$1.9M

$101K MoM

Avg. days on market

24d

3 days MoM

Recently sold homes

132

3 MoM

New listings for sale

NEW 1 HR AGO
$2,495,000
4 beds3 baths1,830 sq ft
1034 3Rd St, Encinitas, CA 92024
NEW 3 HRS AGO
$1,129,000
3 beds2 baths1,056 sq ft
1721 Pleasantdale Dr, Encinitas, CA 92024
NEW 3 HRS AGO
$3,490,000
7 beds4 baths3,045 sq ft
931-937 Regal Rd, Encinitas, CA 92024
NEW 3 HRS AGO
$3,349,000
6 beds4 baths2,845 sq ft
921-927 Regal Rd, Encinitas, CA 92024
NEW 7 HRS AGO
$5,295,000
5 beds4 baths4,722 sq ft
1040 Crest Dr, Encinitas, CA 92024
OPEN SAT, 1PM TO 4PM
$3,395,000
4 beds3.5 baths3,012 sq ft
799 Hygeia Ave, Encinitas, CA 92024
Coldwell Banker Realty
OPEN SUN, 12PM TO 3PM
$3,400,000
5 beds4 baths4,422 sq ft
3105 Caminito Ricardo, Encinitas, CA 92024
OPEN SAT, 12PM TO 3PM
$3,385,000
5 beds3.5 baths3,307 sq ft
1413 Trabert Ranch Rd, Encinitas, CA 92024
OPEN SAT, 12PM TO 3PM
$1,000,000
2 beds2 baths1,056 sq ft
1624 Forestdale Dr, Encinitas, CA 92024
$189,000
1 bed1 bath646 sq ft
699 N Vulcan Ave #17, Encinitas, CA 92024
eXp Realty of California, Inc
See all

Provided by Redfin

Sale history for 843-851 4th St

Year

Property tax

Land + Additions

Assessment*

2025

$38,792 (+730.8%)

$3,060,000 + $474,300

$3,534,300

2024

$4,669 (+4.5%)

$3,000,000 + $465,000

$3,465,000

2023

$4,468 (+4.9%)

$56,311 + $253,207

$309,518

2022

$4,259 (−3.1%)

$55,207 + $248,243

$303,450

2021

$4,396 (−0.9%)

$54,125 + $243,376

$297,501

2020

$4,437 (+1.5%)

$53,064 + $238,604

$291,668

2019

$4,370 (+0.3%)

$52,520 + $236,158

$288,678

2018

$4,357

$51,491 + $231,528

$283,019

2017

$4,359 (−5.0%)

$49,493 + $222,539

$272,032

2016

$4,586

$49,493 + $222,539

$272,032

2015

$4,587 (+0.7%)

$48,523 + $218,176

$266,699

2014

$4,556 (−0.8%)

$46,859 + $210,690

$257,549

2013

$4,593 (+2.9%)

$46,859 + $210,690

$257,549

2012

$4,462 (+8.8%)

$46,648 + $209,738

$256,386

2011

$4,100 (−1.0%)

$45,734 + $205,626

$251,360

2010

$4,142 (−0.3%)

$44,838 + $201,595

$246,433

2009

$4,155 (+2.0%)

$44,503 + $200,089

$244,592

2008

$4,073

$44,609 + $200,565

$245,174

Tax history for 843-851 4th St

Year

Property tax

Land + Additions

Assessment*

2025

$38,792 (+730.8%)

$3,060,000 + $474,300

$3,534,300

2024

$4,669 (+4.5%)

$3,000,000 + $465,000

$3,465,000

2023

$4,468 (+4.9%)

$56,311 + $253,207

$309,518

2022

$4,259 (−3.1%)

$55,207 + $248,243

$303,450

2021

$4,396 (−0.9%)

$54,125 + $243,376

$297,501

2020

$4,437 (+1.5%)

$53,064 + $238,604

$291,668

2019

$4,370 (+0.3%)

$52,520 + $236,158

$288,678

2018

$4,357

$51,491 + $231,528

$283,019

2017

$4,359 (−5.0%)

$49,493 + $222,539

$272,032

2016

$4,586

$49,493 + $222,539

$272,032

2015

$4,587 (+0.7%)

$48,523 + $218,176

$266,699

2014

$4,556 (−0.8%)

$46,859 + $210,690

$257,549

2013

$4,593 (+2.9%)

$46,859 + $210,690

$257,549

2012

$4,462 (+8.8%)

$46,648 + $209,738

$256,386

2011

$4,100 (−1.0%)

$45,734 + $205,626

$251,360

2010

$4,142 (−0.3%)

$44,838 + $201,595

$246,433

2009

$4,155 (+2.0%)

$44,503 + $200,089

$244,592

2008

$4,073

$44,609 + $200,565

$245,174

*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

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

5,227 Sq. Ft.

Year renovated

1970

Sq. Ft.

5,040

Year built

1970

Style

Multi-Family (5+ Unit)

County

San Diego County

APN

2581711000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 20, 2026.

D-R15

Downtown Encinitas Specific Plan-Residential 15 Zone

This zone is intended to provide for residential development, including single-family units (attached and detached), duplex units, apartment development and senior housing, with a maximum density of 15 units per acre.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Infrastructure
Educational/school
Housing-Mobile home park

Property details

Parking

Parking / Garage Information
Uncovered Spaces: 10
# of Garage Spaces: 6
# of Parking Spaces: 16

Interior

Laundry Information
Has Laundry
Area

Interior Features
Entry Level: 3
Entry Location: 3

Expenses
Trash: $3,984
Total: $132,689
Maintenance: $10,000
Licenses: $560
Insurance: $4,297
Water Sewer: $2,376
Electric: $3,024
New Taxes: $79,091
Gardener: $3,240

Multi-Unit Information
# of Units With Refrigerator: 10
# of Units With Range: 10
# of Units With Patio: 10
# of Units With Drapes: 10
# of Units With Disposal: 10
# of Units With Dishwasher: 10
Net Operating Income: $279,861
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 1,000
Average 1 Bed Area Units: Sq. Ft.
Average 1 Bed Area: 750
Total Building Area: 10,580
Gross Scheduled Income: $429,732
Gross Operating Income: $412,550
Gross Multiplier: 17.46
Gross Income: $412,550
Gross Equity: $7,500,000
# Of Leased Units: 10
# Of Separate Water Meters: 2
# Of Separate Gas Meters: 11
# Of Separate Electric Meters: 11
# Of Buildings: 2
Vacancy Allowance Rate: 4

Exterior

Exterior Features
Pool Features: None

Lot Information
Additional Parcels Description: 2581711100
Additional Parcels
Lot Size Source: Assessor's Data
Lot Features: 36-40 Units/Acre, Landscaped
Lot Dimensions Source: Assessor

Property Information
Total # of Units: 10
Common Walls: 2+ common walls
Parcel Number: 2581711000
Attached Property
Total # of Stories: 3
Year Built Source: Seller

Financial

Lease / Rental Details
Operating Expense: $132,689
Other Expense: $5,000
Other Expense Description: reserves
Total Actual Rent: $42,425

Utilities

Utilities Information
Sewer: Public Sewer

Location

Neighborhood Information
Community Features: Storm Drains, Street Lighting, Watersports

Location Information
Latitude: 33.04094700
Longitude: -117.29581800
Directions: I-5 to Encinitas Blvd West South (Left) on Highway 101 West / (Right) on H Street o top of the hill / bluff North / (Right) on 4th St. Property is on the right.
Zoning: D-R15

Public facts

Beds: 9
Baths: 9.0
Sq. Ft.: 5,040
Stories: —
Lot Size: 5,227 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1970
Year Renovated: 1970
County: San Diego County
APN: 2581711000

Home facts updated by county records on Aug 20, 2026

Other

Listing Information
IDX Contact Info: willc@southwestep.com
Days Active in MLS: 12

Listing Agent Information
List Agent First Name: Will
List Agent Last Name: Creagan

Listing Office Information
List Office Name: Southwest Equity Partners

Selling Agent Information
Buyer Agent First Name: David
Buyer Agent Last Name: LeBeau

Selling Office Information
Buyer Office Name: LeBeau Realty Advisors

Around this home

Schools

Paul Ecke-Central Elementary School

Public K-6 • Assigned • 1.1mi

9/10

Diegueno Middle School

Public 7-8 • Assigned • 3.3mi

9/10

La Costa Canyon High School

Public 9-12 • Assigned • 4.4mi

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

6 days above 84° expected this year, 17 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, 4 days in 30 years

Provided by First Street

Historical weather

Encinitas, CA • 92024

Average low and high temperatures (°F)

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

Is this your home?

Track this home’s value and nearby sales activity

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Home values near 843-851 4th St

Data from public records.

Address	Redfin Estimate
843 4th St Apt E, Encinitas, CA 9 Beds \| 9 Baths \| 5040 Sq. Ft.	—
825-31 4th St, Encinitas, CA 4 Beds \| 3.5 Baths \| 2426 Sq. Ft.	$3,479,481

Address	Redfin Estimate
837 4th St, Encinitas, CA 4 Beds \| 4 Baths \| 3064 Sq. Ft.	$3,436,470
831 4th St, Encinitas, CA 4 Beds \| 3.5 Baths \| 2426 Sq. Ft.	$2,954,268

Address	Redfin Estimate
838 4th St, Encinitas, CA 5 Beds \| 7 Baths \| 6309 Sq. Ft.	$17,420,135
815 4th St, Encinitas, CA 4 Beds \| 3.5 Baths \| 2450 Sq. Ft.	$3,592,695

Property information provided by CRMLS when last listed in 2024. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 92024, CA

Sale history for 843-851 4th St

Tax history for 843-851 4th St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 92024

Home values near 843-851 4th St

More real estate resources