This home's estimate is 20.2% higher than the average sale price ($1.67M) of 6 comparable homes.
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862-864 Melba Rd, Encinitas, CA 92024
About this home
Opportunity awaits, spectacular ocean views & awesome cashflow!! Property consists of duplex plus 2 outbuildings...perfect for kids playhouse,workshop, art/yoga room. Duplex has brand new roof, dual pane windows, remodeled kitchens with granite countertops, recessed lighting, wood cabinets w/ self closing drawers, and stainless steel appliances. Units also have: remodeled bathrooms, wide plank engineered wood flooring, exposed beam ceilings & lots of natural light.
862 MELBA RD: beautiful ocean views, wood windows in family room (dual pane windows throughout), 2 closets in master bedroom, private backyard with spacious patio & garden area, attached 1 car garage, laundry in garage or hook-ups outside, brand new kitchen with: granite countertops, wood cabinets, stainless steel appliances & recessed lighting. 864 MELBA RD: beautiful ocean views, wood windows in family room (dual pane windows throughout), 2 closets in master bedroom, shared backyard with casitas includes spacious patio & garden area, attached 1 car garage, laundry in closet outside, recently remodeled kitchen with: granite countertops, wood cabinets, Bosch stainless steel appliances & recessed lighting.
Redfin Estimate
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Market trends in 92024, CA
Last updated August 2026
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Sale history for 862-864 Melba Rd
$707/sq ft
$726/sq ft
$744/sq ft
$469/sq ft
Tax history for 862-864 Melba Rd
*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
R3
Residential 3 Zone
Residential 3 is intended to provide for single-family detached residential units with minimum lot sizes of 14,500 net square feet and maximum densities of three units per net acre, as a rural to suburban transition. 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.Include but are not limited to:
- Housing-Single unit
- Housing-Senior
- Housing-Other
- Infrastructure
- Educational/school
- Agriculture-Pastureland
- Housing-Mobile home park
Property details
Interior
- Virtual Tour
- Heating & Cooling
- Heat Source: Natural Gas
- Heat Equipment: Forced Air Unit
- Multi-Unit Information
- # of Units: 2
- # of Units With Dishwashers: 2
- # of Units With Dryers: 1
- # of Units With Fireplaces: 1
- # of Units With Garage: 2
- # of Units With Patios: 2
- # of Units With Range/Oven: 2
- # of Units With Refrigerator: 2
- # of Units With Washers: 1
- Annual Expense (Actual): $10,770
- Net Operating Income (Actual): $37,230
- Tenant Pays: Cable TV, Electricity, Gas/Propane
- Unit 1 Information
- Unit Number: 862
- # of Bedrooms: 2
- # of Baths (Total): 1
- # of Baths (Full): 1
- Laundry Hook-Ups: Yes
- Estimated Sq. Ft.: 800
- Exclusive-Use Yard
- Parking Garage Space: 1
- Rent (Projected): $2,000
- Unit 2 Information
- Unit Number: 864
- # of Bedrooms: 2
- # of Baths (Total): 1
- # of Baths (Full): 1
- Laundry Hook-Ups: Yes
- Estimated Sq. Ft.: 800
- Parking Garage Space: 1
- Deposit: $2,000
- Unit 3 Information
- Parking Garage Space: 0
- Unit 4 Information
- Parking Garage Space: 0
Exterior
- Exterior Features
- Construction: Stucco
- Fencing: Partial
- Building Information
- # of Buildings: 1
- Year Built: 1953
- Roof: Composition
- Property Information
- Res Income 2-4 Units
- Sq. Ft. Source: Owner
- Sign on Property: Yes
- Lot Information
- Lot Size: 7,500-10,889 Sq. Ft.
- Lot Size Source: Assessor Record
- View: Ocean
- Land Information
- Land Use Code: R11
- Irrigation: Automatic
Utilities
- Utility Information
- Sewer Connected
- Water Information
- Meter on Property
- Water Heater Type: Gas
- Water District: OLIVENHAIN MUNICAL WATER DISTRI
- Water District Website (External Link)
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,488
- Stories: —
- Lot Size: 7,863 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1953
- Year Renovated: 1953
- County: San Diego County
- APN: 2583723400
Other
- Listing Date Information
- LVT Date: 2016-07-22
- Off Market Status Date: 2016-08-01
Around this home
Schools
Public K-6 • Assigned • 0.1mi
Public 7-8 • Assigned • 0.5mi
Public 9-12 • Assigned • 3.4mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 84° expected this year, 20 days in 30 years
Minimal risk of severe winds over next 30 years
4 unhealthy days expected this year, 4 days in 30 years
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.
Nearby similar homes
New listings for sale in 92024
Home values near 862-864 Melba Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 4 Baths | 3464 Sq. Ft. | $1,955,116 |
3 Beds | 2 Baths | 1156 Sq. Ft. | $1,758,005 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1464 Sq. Ft. | $1,820,705 |
3 Beds | 2 Baths | 1396 Sq. Ft. | $1,425,794 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 1800 Sq. Ft. | $1,616,858 |
4 Beds | 2 Baths | 1450 Sq. Ft. | $1,427,648 |
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