719 Fourth St., Encinitas, CA 92024

Property Description

Great investment opportunity! Rare, 2BD + Opt 3rd BD/2BA Beach House WITH Detached 1BD/1BA Beach Cottage Apartment on same lot. Located WEST of 101 on Fourth Street, an Oceanfront street in Encinitas!! Steps to beaches, downtown Encinitas and Coaster Station! Both units were fully remodeled in 2018 with tile wood-look flooring throughout (no carpet), dual pane vinyl windows, white shaker cabinets, marble counters, stainless steel appliances, mirrored closet doors, custom river rock and marble showers, vanities, light fixtures, plumbing fixtures. Both units have their own decks, laundry hook ups, and large storage rooms. Fenced front and back yard (back yard is shared with back unit). Both Units are occupied earning $7,250 combined income per month -House: $4,800/mo rent. (1749 sq ft). Lease expires 12/31/21 -Apt: $2,450/mo rent.(480 sq ft.), fully permitted. Lease expires 7/31/22