$2,400,000
For Sale

841 Normandy Road

Encinitas, CA 92024
0.80 acres | #NDP2409820
Listing OfficeColdwell Banker Realty
Browse 37 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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 Encinitas’s 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.

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre, Agricultural, BackYard, FrontYard, Garden, Level, Yard
      • ViewParkGreenbelt
      • Stories2
    • Measurements
      • Acres0.8023
    • Parking
      • Parking Spaces2
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1970
  • Utilities / Energy Details
      • Utility FeaturesElectricityConnected
  • Community and Neighborhood Details
      • CountySan Diego
  • Financial Details
      • Original List Price$2,400,000
  • Other
      • MLS #NDP2409820

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 92024