631 3rd St - Apartments FOR SALE


Encinitas, CA 92024
$4,650,000 USD
619-944-1876
631 3rd St, Encinitas, CA for Sale
$4,650,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

631 3rd St
Encinitas, CA 92024


HIGHLIGHTS

  • Coastal Location
  • Mixed Use
  • Walkability and Foot Traffic
  • Near Top Encinitas Shops and Restaurants
  • Ample Parking 7 Private and Unlimited Street
  • Turn-Key Property

OVERVIEW

SELLER FINANCING AVAILABLE! Discover this remarkable mixed-use property, ideally just a block from the beach and two blocks from the charming downtown Encinitas. This modern architectural gem, built in 2005, offers an unparalleled location and a captivating design. Boasting vaulted and exposed wood and steel ceilings, the building combines contemporary elegance with a spacious, airy atmosphere. It includes three well-appointed office spaces, ideal for businesses seeking a prime location, and a beautifully designed two-bedroom plus den apartment that provides an opulent living space, perfect for those who want to enjoy the beach lifestyle. Expansive patios on both the 1st and 2nd floors maximize the property’s indoor/outdoor living atmosphere, offering the perfect setting for relaxation and entertainment. Built to the highest standards, this property ensures modern amenities and a stylish, durable design—a two-car garage with an additional carport and uncovered parking spaces. Just a block away from pristine beaches and a short two-block stroll to the heart of downtown Encinitas, with its vibrant dining, shopping, and entertainment options. Across the street, Pacific View Art Center opens in August 2024 and will house: Visual Arts, Literary Arts, Performing Arts, music, and much more, this unique property offers the best of coastal living and urban convenience.

FOR SALE DETAILS

PRICE

$4,650,000 USD

PRICE/SF

$830 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,325,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

D-OM

APN/PARCEL ID

258-165-13

ASK ABOUT THIS PROPERTY

Alexander CiulloPacific Sotheby's International RealtyMore Info
619-944-1876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alexander CiulloPacific Sotheby's International RealtyMore Info
619-944-1876

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.