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Sold on 09/10/2024
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409 4th St, Encinitas, CA 92024

$7,500,000

Last sold 09/10/2024 after 55 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 409 4th St

Property type Multi-family
Neighborhood
Year built 1972
HOA fee $0/month
Lot size 0.33 Acre
Parking 8 garage spaces
Rental estimate
Overview
Type Residential Income
Status Closed
Lot Size (Acres) 0.33
Lot Size (SqFt) 14374.8
Year Built 1972
Interior
Exterior
Building Area Square Feet, 11194
Parking Asphalt, Garage - Single Door, On Site, Parking Space
# Uncovered Spaces 11
# Parking Spaces 19
# Garage Spaces 8
Lot Description 26-30 Units/Acre, Back Yard, Corner Lot, Front Yard, Near Public Transit, Park Nearby, Utilities - Overhead, Walkstreet
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool None
Location
County San Diego
Community Features Curbs, Sidewalks, Storm Drains, Street Lights, Biking, Fishing, Park, Watersports
Neighborhood Downtown Coastal Encinitas
Zoning DR-15
Directions Exit 5 Freeway Onto Encinitas Blvd., And Go West. Go Left / South At 3rd Street To Top Of Hill. Go Right / West At C Street And The Properties Sit On Your Left At The North East Corner Of 4th And C Streets.
APN 2590711400
Multifamily Details
Vacancy Allowance Rate 4
Vacancy Allowance 18384
Expense: Trash 3984
Operating Expense 151762
Cap Rate 3.53
Expense: Insurance 6967
Total Expenses 151762
Expense: Maintenance 15000
Expense: Water/ Sewer 3454
Gross Income 1200
Gross Operating Income 441206
Expense: Electric 4475
Gross Scheduled Income 459600
Expense: Gardener 6000
Rental est.: $2,460/month
Gross rent multiplier: 254.0
  • Sep 2024
    mls logo MLS # NDP2406350
  • Sep 11, 2024 Sold
    $7,500,000 (+53.1%)
  • Aug 30, 2024 Pending
    —
  • Jul 17, 2024 Listed
    $8,250,000
  • Sep 2024
    Public Records
  • Sep 10, 2024 Sold
    $4,900,000 (-40.6%)
  • Year Property taxes Tax assessment
  • 2024
    $7,333 +4.7%
    $475,065 +2.0%
  • 2023
    $7,001 -5.3%
    $465,751 +2.0%
  • 2022
    $7,392 +11.6%
    $456,620
  • 2021
    $6,622 -1.6%
    $456,620 +2.0%
  • 2020
    $6,732
    $447,667
  • 409 4th St
    $7.5M
  • Cardiff
    $1.79M -7% y/y
  • 92024
    $1.8M -8% y/y
  • Encinitas
    $1.81M -8% 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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