3 Beds
2 Baths
1,266 SqFt
Active
Redefine your financial future with this exceptional opportunity. Unlock the potential of this huge 12,100 lot to profit $1,000,000 or even more within 24 months through a state-endorsed SB9 lot split. Located just a short bike ride from the iconic Swami’s beach and the vibrant downtowns of Encinitas and Cardiff-by-the-Sea, this property offers unparalleled convenience and lifestyle. Step into a meticulously renovated, turn-key home that exudes elegance and comfort, providing an ideal living space for immediate occupancy. With possible seller financing options available, accessibility to this lucrative investment is within reach. Benefit from the proximity to great schools and capitalize on the pre-lot split research already completed. This will streamline the vision and development process for you. Perfect opportunity to live in one unit and develop the other as a side gig to your current job. It's a strategic house hack that will leap you ahead in your real estate investment journey. The path to profit is planned out for you, with concept design in place as the guide to your development journey. Build to rent and enjoy long-term investment cash flow with coastal appreciation, or capitalize on the booming real estate market by selling for a quick 24-month profit. Less than a mile from the glistening waters of the Pacific Ocean, this property presents a rare opportunity to live the quintessential California coastal lifestyle while building wealth and securing your financial future. Don't miss out on this chance to take control of your destiny.
Property Details | ||
---|---|---|
Price | $1,888,888 | |
Bedrooms | 3 | |
Full Baths | 2 | |
Half Baths | 0 | |
Total Baths | 2 | |
Lot Size Area | 12100 | |
Lot Size Area Units | Square Feet | |
Acres | 0.2778 | |
Property Type | Residential | |
Sub type | SingleFamilyResidence | |
MLS Sub type | Single Family Residence | |
Stories | 1 | |
Year Built | 1951 | |
Subdivision | Encinitas | |
Roof | Composition | |
Heating | Natural Gas,Forced Air | |
Laundry Features | Gas Dryer Hookup,In Garage | |
Pool features | None | |
Parking Description | Concrete | |
Parking Spaces | 4 | |
Garage spaces | 2 | |
Geographic Data | ||
Directions | Cross Street: Gardenia Road. | |
County | San Diego | |
Latitude | 33.036072 | |
Longitude | -117.278881 | |
Market Area | 92024 - Encinitas | |
Address Information | ||
Address | 625 Santa Fe Drive, Encinitas, CA 92024 | |
Postal Code | 92024 | |
City | Encinitas | |
State | CA | |
Country | United States | |
Listing Information | ||
Listing Office | Keller Williams Realty | |
Listing Agent | Jackson Campbell | |
Buyer Agency Compensation | 2.000 | |
Buyer Agency Compensation Type | % | |
Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
Virtual Tour URL | https://www.propertypanorama.com/instaview/snd/240009616 | |
MLS Information | ||
Days on market | 4 | |
MLS Status | Active | |
Listing Date | May 2, 2024 | |
Listing Last Modified | May 6, 2024 | |
Tax ID | 2601211600 | |
MLS Area | 92024 - Encinitas | |
MLS # | 240009616SD |
This information is believed to be accurate, but without any warranty.