841 Normandy Road Pending

Encinitas,CA 92024

$ 2400000

4 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NDP2409820

Bedrooms 4

HOA Y/N No

Lot Size 0.802 Acres

Lot Dimensions 158' x 196' x 5

Property Description

Opportunity Knocks. Parcels of land this large do not become available often. Three units located on a beautiful .80 acre parcel of land in a great upscale Leucadia Neighborhood. Plenty of space available to build a trophy family compound. There is also the possibility to remodel the existing structure using the City of Encinitass 50% renovation rules to add sqft., then add a junior ADU and either keep the existing ADU or build new. There is also the potential to process an SB9 project to obtain additional lots. All three units are currently rented, however rents are currently under market. Unit A is a 2 Bedroom 1 Bath (downstairs) in the main structure and (upstairs) Unit B is 2 Bedroom 1 Bath. Unit C is a detached accessory unit, approximately 1000 sq. ft. that has 2 Bedrooms and 1 Bath. All the units have separate meters for Gas and Electric. Owner currently pays for water. Amazing rural area with larger sized parcels and many high end homes located hear by. Walking distance to a highly sought after elementary school (Capri) which offers the Spanish immersion program. Enjoy the feel of Country Living with the beach only minutes away. Located near Shopping, Restaurants, Encinitas Ranch Golf Course and easy access to I-5.
Opportunity Knocks. Parcels of land this large do not become available often. Three units located on a beautiful .80 acre parcel of land in a great upscale Leucadia Neighborhood. Plenty of space available to build a trophy family compound. There is also the possibility to remodel the existing structure using the City of Encinitass 50% renovation rules to add sqft., then add a junior ADU and either keep the existing ADU or build new. There is also the potential to process an SB9 project to obtain additional lots. All three units are currently rented, however rents are currently under market. Unit A is a 2 Bedroom 1 Bath (downstairs) in the main structure and (upstairs) Unit B is 2 Bedroom 1 Bath. Unit C is a detached accessory unit, approximately 1000 sq. ft. that has 2 Bedrooms and 1 Bath. All the units have separate meters for Gas and Electric. Owner currently pays for water. Amazing rural area with larger sized parcels and many high end homes located hear by. Walking distance to a highly sought after elementary school (Capri) which offers the Spanish immersion program. Enjoy the feel of Country Living with the beach only minutes away. Located near Shopping, Restaurants, Encinitas Ranch Golf Course and easy access to I-5.

Location

State CA

County San Diego

Area Encinitas (92024)

Zoning Assessor

Building

Story 2

Others

Acceptable Financing Cash

Space Rent $1,300

Listing Terms Cash

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