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Sold on 09/25/2024
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330 W I St, Encinitas, CA 92024

$13,150,000

Last sold 09/25/2024 after 148 Days

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    bed

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    bath

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About 330 W I St

Property type Multi-family
Neighborhood
Year built 1960
HOA fee $0/month
Lot size 0.65 Acre
Rental estimate
Property description
Gorgeous 21 unit Apartment complex in Downtown Encinitas on the bluffs overlooking the Ocean, and Swami's surf spot. Same Ownership for last 20 years. Units have been renovated to various extent over last 20 years but there is upside if the Buyers want to improve further and add w/d to each unit. Last 2Br condo sale in the neighborhood $2.85m. Newer pitched comp roof, water pipes replaced in 2003, pool and pool area renovated in last 2 years, newer windows, new 2nd floor deck going in now. Close to all the restaurants, shops, theater, banks, yoga studios, and train station on or near HWY 101.
Listed by
Listing Agent - Will Creagan
Listing Agent Contact: Willc@southwestep.com
Listing Office - Southwest Equity Partners
Source: CRMLS mls logo
MLS#NDP2400124 • last updated 2 years ago
Movoto checked CRMLS for data 4 minutes ago
Overview
Levels/Style One
Type Residential Income
Status Closed
Lot Size (Acres) 0.65
Lot Size (SqFt) 28314
Year Built 1960
Interior
Laundry Community
Appliances Dishwasher, Gas & Electric Range, Gas Cooking, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Recirculated Exhaust Fan, Refrigerator
Exterior
Construction Stucco
Roof Composition
Building Area 18460
Parking Asphalt
# Uncovered Spaces 27
# Parking Spaces 27
Lot Description 31-35 Units/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Location
View Bluff, Ocean, Park/Greenbelt, Water
County San Diego
Community Features Gutters, Sidewalks, Storm Drains, Street Lights, Park, Watersports
Neighborhood Downtown Encinitas
Zoning D-R25
Directions 5 Freeway Exit At Encinitas Blvd. And Go West To Highway 101 The Go Left, At I St Go Right To The Top Of The Bluff And Park In Cul-du-sac. Property Is On The Right.
APN 2581721900
Multifamily Details
Tenant Pays HVAC Maintenance
Vacancy Allowance Rate 3.03
Vacancy Allowance 28008
Expense: Trash 3773
Gross Spendable Income 626607
Operating Expense 298012
Cap Rate 4.04
Expense: Insurance 12667
Total Expenses 298012
Expense: Water/ Sewer 2854
Gross Income 17409
Gross Operating Income 924619
Expense: Electric 12828
Gross Multiplier 16.27
Gross Scheduled Income 952627
We are not permitted to show value estimates for this property.
  • Oct 2024
    mls logo MLS # NDP2400124
  • Oct 2, 2024 Sold
    $13,150,000
  • May 29, 2024 Active
    —
  • Apr 25, 2024 Price Change
    $14,000,000 (-9.7%)
  • Jan 1, 2024 Listed
    $15,500,000 (+285.6%)
  • Sep 2024
    Public Records
  • Sep 25, 2024 Sold
    $13,150,000 (-6.1%)
  • Jan 2003
    Public Records
  • Jan 23, 2003 Sold
    $4,020,000
  • Year Property taxes Tax assessment
  • 2024
    $62,189 +2.5%
    $5,710,326
  • 2023
    $60,674 +2.0%
    $5,710,326 +2.0%
  • 2022
    $59,472 +1.3%
    $5,598,360 +4.04%
  • 2021
    $58,712 +1.3%
    $5,380,972
  • 2020
    $57,974
    $5,380,972
  • 330 W I St
    $13.1M
  • Cardiff
    $1.78M -13% y/y
  • 92024
    $1.79M -3% y/y
  • Encinitas
    $1.79M -3% y/y
No chart available
Statistics calculated by Movoto

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7/10
Diegueno Middle School
public Grades 7-8
San Dieguito Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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