740 Coast Hwy 101st, Unit 42 Encinitas, CA 92024-2045
- Retail space
- 2,006 SF
- 0.10 lot acres
Current Use by Public Records
- Retail space
Property Details for 740 Coast Hwy 101st
- Year built
- 1958
- Lot size
- 0.10 lot acres
- Property size
- 2,006 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 256-023-03-00
- APU
- 2560230300
Description
This exceptional Encinitas mixed-use property at 740 N Coast Highway 101 presents a lucrative investment opportunity. The property boasts two identical, 1-bedroom, 1-bathroom units, each approximately 2,006 square feet, perfectly situated within walking distance of Beacon's Beach. The units feature attractive design elements including wood laminate flooring and travertine kitchens and bathrooms. Each kitchen is equipped with a gas range and oven, full-size refrigerator, and apartment-size dishwasher, complemented by unique iridescent glass inlaid accents on the black backsplashes. Accent tiles enhance the stall showers. The property offers substantial parking, including two oversized single-car garages (one per unit), four additional parking spaces in the rear, and a detached single-car garage. Tenants also enjoy parking directly in front of their garages. A shared laundry room with gas appliances is conveniently located, and each unit has its own laundry appliances. The units are side-by-side, ensuring privacy, and feature a shared, level patio and BBQ area. Each attached garage includes a commercial heater and a private water closet with a locking door and sink, offering flexible space for a home office, workout area, or additional storage. The property's mixed-use zoning allows for diverse commercial applications. Floor plans and mixed-use options are available upon request. This property offers a rare combination of prime location, attractive features, and significant income potential.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $345,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $525,000
- 6.5%
- $485,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $292,000
Market price range: $136k - $625k
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Location Insight
- Map
- Local Demand
- City
- Encinitas
- County
- San Diego
- State
- California
- Longitude
- -117.302
- Latitude
- 33.0625
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA