Newer-construction 10-unit multifamily complex located in Encinitas, California. Major renovation work was completed in January 2025. The property consists of two parcels with two separate APNs and offers a desirable unit mix of five one-bedroom/one-bath units and five two-bedroom/one-bath units, all of which have been completely remodeled and/or newly built. The units feature large enclosed backyards, mature landscaping, and abundant natural light. This turn-key trophy asset has undergone a comprehensive renovation to institutional standards, including all-new quartz countertops, renovated kitchens and bathrooms, tile flooring throughout all units, new AC units in the newly constructed units completed in 2025, upgraded electrical panels, and a new roof. Seller is also a CA licensed salesperson and have interest in the property.
Mia Pham, Lee & Associates Commercial RE.
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