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Key Details
Sold Price $3,150,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2404611
Sold Date 07/29/24
Construction Status Updated/Remodeled,Termite Clearance,Turnkey
HOA Y/N No
Year Built 1958
Lot Size 10,545 Sqft
Property Description
Welcome to 158-162 W Glaucus—a beautifully renovated triplex in the heart of Leucadia, just west of Highway 101. This property is ideally located a few short blocks from the pristine sands of the beach, accessible via the scenic Beacons trail. It is also walkable to the top restaurants, cafes, and boutique shops that Encinitas has to offer. This triplex has undergone extensive renovations (particularly over the past eight months) to ensure modern comfort, style, and function. Upgrades include new waste lines, gas lines, electrical panel, flooring, baseboards, kitchen counters, new appliances, lighting, refreshed bathrooms, windows, paint, landscaping, and more. The three units, each boasting 2 bedrooms and 1 bath and just over 700 square feet, are pristine, clean, and move-in ready—ideal for fetching top market rents. Each unit features its own private outdoor patio, perfect for dining al fresco or simply relaxing in the ocean air. Additionally, the property offers a communal outdoor area in the back, perfect for barbecuing, gardening, playing cornhole, or sunbathing. Convenience is key, with each unit equipped with stack laundry and dedicated off-street parking for 2 vehicles per unit. The property will be delivered without tenants, giving the new owner the flexibility to choose tenants and set market rents, maximizing investment potential. This property represents a phenomenal long-term asset. The new owner can have peace of mind knowing that there has been significant investment and care in upgrading just about everything thus reducing their required involvement and outlay and ensuring strong long-term desirability by tenants.
Location
State CA
County San Diego
Area 92024 - Encinitas
Zoning R11 (Residential 11)
Interior
Interior Features Ceiling Fan(s), Recessed Lighting
Heating Wall Furnace
Flooring Vinyl
Fireplace No
Appliance Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
Laundry In Kitchen, Stacked
Exterior
Garage Asphalt, Off Street
Fence Partial, Wood
Pool None
Community Features Urban
Utilities Available Overhead Utilities
View Y/N No
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Lot Description Sprinklers In Rear, Landscaped, Level, Sprinklers Timer, Sprinklers On Side, Sprinkler System
Story 1
New Construction No
Construction Status Updated/Remodeled,Termite Clearance,Turnkey
Others
Senior Community No
Tax ID 2542420700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Trade
Special Listing Condition Standard
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Bought with Sander Harth • Compass
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High State Realty
BROKER, OWNER | License ID: 02181686
BROKER, OWNER License ID: 02181686