132 Europa Street

Encinitas CA 92024

$2,400,000

Status: Active

Property Details

Description

Classic Leucadia Beach Units located only a block to Beacon's State Beach and a couple of blocks to Stone-Steps Beach Access. This rarely available location offers a fantastic duplex and endless opportunities. Unit A is 2 Bd /2 Ba and is currently tenant occupied at $3300.00 per month. Unit B is a 1 Bd /1 Ba and is currently tenant occupied at $1950.00 per month. Rents are low and undervalued for todays rental market. The garage is converted to an abundance of extra space but can easily be converted back if someone desires. There is plenty of onsite parking, including 6 spaces directly in front. Owner pays all utilities. All units have washer and dryers and each has their own private outdoor space: deck, patio or yard. This property also offers great development potential. Development standards allow for the construction of 2 detached condos each with its own ADU. The potential for at least 4 doors on the property. Short distance to the beautiful blue Pacific Ocean, Hwy 101 with many great restaurants, shops and entertainment. Great potential for vacation rental income.

Map Location

​​​​​​​

Listing provided courtesy of Kyle Murphy of Coldwell Banker Realty. Last updated 2022-06-04 09:01:36.000000. Listing information © 2021 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Justin Brennan

Justin Brennan

DRE# 01866398
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://www.royacdn.com/unsafe/smart/Site-9c835aee-ab3f-4c6b-9c24-69713d86ab35/realtor_Justine.jpg realtor # # #