625 Santa Fe Drive
Encinitas, CA 92024
- 3 beds
- 2 baths
- 1,266 sqft
- 12,100 sqft lot
- $1,492 per sqft
- 1951 build
- – on site
Redefine your financial future with this exceptional opportunity. Unlock the potential of this huge 12,100 lot to profit $1,000,000 or even more within 24 months through a state-endorsed SB9 lot split. Located just a short bike ride from the iconic Swami’s beach and the vibrant downtowns of Encinitas and Cardiff-by-the-Sea, this property offers unparalleled convenience and lifestyle. Step into a meticulously renovated, turn-key home that exudes elegance and comfort, providing an ideal living space for immediate occupancy. With possible seller financing options available, accessibility to this lucrative investment is within reach. Benefit from the proximity to great schools and capitalize on the pre-lot split research already completed. This will streamline the vision and development process for you. Perfect opportunity to live in one unit and develop the other as a side gig to your current job. It's a strategic house hack that will leap you ahead in your real estate investment journey. The path to profit is planned out for you, with concept design in place as the guide to your development journey. Build to rent and enjoy long-term investment cash flow with coastal appreciation, or capitalize on the booming real estate market by selling for a quick 24-month profit. Less than a mile from the glistening waters of the Pacific Ocean, this property presents a rare opportunity to live the quintessential California coastal lifestyle while building wealth and securing your financial future. Don't miss out on this chance to take control of your destiny.
Listed By SDMLS / Jackson Campbell / Keller Williams Realty
Last checked:
Checking…
•
Last updated May 6, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# 240009616SD —
Monthly cost estimate
Asking price
$1,888,888
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$10,114
|
Taxes | N/A |
Insurance | $519 |
Utilities | $191 See report |
Total | $10,824/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/2/24
May 2, 2024
|
Relisted | CRMLS_CA | $1,888,888 | 88.9% |
7/18/23
Jul 18, 2023
|
BRIDGE | $1,000,000 | ||
7/18/23
Jul 18, 2023
|
CRMLS_CA | $1,000,000 |