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    1739 1741 San Elijo Avenue

    Cardiff By The Sea, CA 92007
    • $3,675,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: NDP2101596
    UPDATED: 19 min ago
    $3,675,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,280
      SQFT
    • $1,120
      $/SQFT
    Type:
    Multi-Family
    Built:
    1973
    County:

    School Ratings & Info

    Description

    Rare opportunity to acquire approved plans for high end residential development!! This shovel ready project offers the opportunity to build two brand new coastal contemporary homes. These luxury side by side panoramic ocean view condos were designed by a renowned local architect. Each unit has a detached ADU perfect for guests, home office, gym, and/or long-term rental unit. Want to build your dream home? Modify the plans and design your own ocean view masterpiece. Looking for an exceptional coastal investment property? The existing residential duplex with established Condo Map generates substantial monthly income. Whatever your plans, it is all about location. This property is perfectly situated between Cardiff and downtown Encinitas with direct access to the coastal rail trail and the beach. Start living the Cardiff dream today.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T13:36:20.187. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
    www.sandiegohomesdirect.com/homes/114228920
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    1739 1741 San Elijo Avenue Cardiff By The Sea, CA 92007

    • Price: $3,675,000
    • Status: Active
    • Updated: 19 min ago
    • ID#: NDP2101596
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    3,280
    SQFT
    $1,120
    $/SQFT
    1973
    Built
    Neighborhood:
    92007 - Cardiff By The Sea
    County:
    San Diego
    Area:
    92007 - Cardiff By The Sea
    Property Description
    Rare opportunity to acquire approved plans for high end residential development!! This shovel ready project offers the opportunity to build two brand new coastal contemporary homes. These luxury side by side panoramic ocean view condos were designed by a renowned local architect. Each unit has a detached ADU perfect for guests, home office, gym, and/or long-term rental unit. Want to build your dream home? Modify the plans and design your own ocean view masterpiece. Looking for an exceptional coastal investment property? The existing residential duplex with established Condo Map generates substantial monthly income. Whatever your plans, it is all about location. This property is perfectly situated between Cardiff and downtown Encinitas with direct access to the coastal rail trail and the beach. Start living the Cardiff dream today.
    Exterior Features

    Lot Features Back YardNear ParkSloped Up Number Of Separate Electric Meters 2 Parking Features Driveway Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes View CoastlineOceanPanoramic View YN Yes

    Interior Features

    Common Walls 1 Common Wall Fireplace Features Living Room Fireplace YN Yes

    Property Features

    Association Fee 0 Cap Rate 2.8 Community Features BikingDog ParkFishingGolfPreserve/Public LandSuburbanWater SportsPark Garage YN Yes Gross Income 144000 Gross Scheduled Income 144000 Insurance Expense 1000 Land Lease YN No Laundry Features InsideSee Remarks Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 100800 New Taxes Expense 36000 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 43200 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 144000 Trash Expense 700 Water Sewer Expense 1200 Water Source Public Zoning R-11

    Listing provided courtesy of David Miller of Swell Property and Benjamin Hamady of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-10T13:36:20.187. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Compass. Licensed in the State of California, USA.
     
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    617 Saxony Place #101
    Encinitas CA, 92024