tomo logo

$1,975,000

Beds
5
Baths
3.0
sq ft
2,242

209 Melrose Ave, Encinitas, CA 92024

209 Melrose Ave

Encinitas, CA 92024

  • Pending
    • Price drop $175,000↓
Welcome to your dream beach property in the heart of Encinitas! This stunning triplex features 5 bedrooms and 3 bathrooms, offering a rare opportunity for coastal living. Enjoy breathtaking ocean views from the rooftop deck, providing the perfect backdrop for relaxation and entertainment. Step into a versatile layout with 3 spacious private patios, ideal for outdoor gatherings and enjoying the coastal breeze. Located just steps away from Moonlight Beach, this property is a short-term vacation rental gem, presenting an excellent income-generating opportunity. Each unit is equipped with a full kitchen and bathroom for convenience, with 2 separate laundry rooms on the property. The spa adds a touch of luxury, creating a perfect retreat after a day of beach activities. Perfectly designed for entertaining, this property is a true haven for creating lasting memories. Don't miss out on the chance to make this property your dream beach retreat or a lucrative short-term vacation rental. Experience the epitome of coastal living!

Details

Property type

Single Family Residence

Est. home value

$2,378,934

Lot size

Unknown

Price per sq ft

$881

Year built

1956

Price History

07/03/2024
SanDiego

SanDiego #240002188

Pending
$1,975,000
06/06/2024
SanDiego

SanDiego #240002188

Price change
$1,975,000
-8.14%
05/13/2024
SanDiego

SanDiego #240002188

Price change
$2,150,000
-4.44%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Manuel De La Cruz

Loan start date

January 2024

Original loan amount

$60,000

Est. remaining balance

Not provided

Interest rate

7.29%

Loan type

Not Provided

Seller

Cherene Thompson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Pending/Under Contract

Tomo last checked: 07/03/2024 at 11:35 AM

Listing updated: 07/03/2024 at 9:53 AM

Listed by: Mike Chiesl, Real Broker Phone #: (916) 848-7554

MLS: SanDiego #240002188

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