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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.
Address |
625 Santa Fe Drive
Encinitas, CA 92024 |
Listing Status | ACTIVE |
Asking Price | $1,888,888 |
Original Listing | $1,888,888 @ 2024-03-13 |
Terms | Cash,Conventional,FHA,VA |
Age Restriction | N/K |
Property Type | Fee Simple |
Property Restrictions | None Known |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
Square Footage | 1266 sf |
Bedrooms | 3 + 0 optional |
Full Bathrooms | 2 |
Family Room | 16x10 |
Living Room | NA |
Dining Room | 7x8 |
Kichen | 9x10 |
Master Bedroom | 12x11 |
2nd Bedroom | 10x11 |
3rd Bedroom | 10x10 |
Directions | Not Provided |
Cross Street | Gardenia Road |
Market Area | Coastal North |
Community Area | ENCINITAS |
Neighborhood | Encinitas |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 260-121-16-00 |
Geographic Areas |
Community College District: Mira Costa CC High School: Canyon Crest Academy |
Highway Locator |
West of I-15 East of I-5 South of SR-78 |
Ocean Distance | 1.1 miles |
Year Built | 1951 |
Laundry Location | Garage |
Elevator | Not Listed |
Cooling | Other/Remarks |
Heating | Natural Gas Forced Air Unit |
Sewer/Septic | Public Sewer |
Fireplaces | Not Listed |
Equipment | Dishwasher, Microwave, Refrigerator, Gas Oven, Ice Maker, Water Line to Refr, Gas Range |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 240009616 |
Courtesy of | Keller Williams Realty |
https://www.delmarvalley.com/240009616
Style | Detached 1 Story |
Material | Stucco |
Lot Size | .25 to .5 AC ~ 12,100 sf |
Fencing | Wood |
Topography | Level |
Roof | Composition |
Swimming Pool | N/K |
Parking |
Attached
Total Spaces: 4
Garage Spaces: 2
Non-Garage Spaces:
2 -
Driveway - Concrete
|
View | Not Listed |