937 3rd Street
DEncinitas, CA 92024
Beds
4
Baths
2
Sqft
1,772
Year Built
1950
Days on Market
321
Property Type
Duplex
HOA/mo
N/A
MLS ID
NDP2504656
Description
HUGE PRICE REDUCTION! Seller says sell it! 937 3rd Street is an elegantly reimagined duplex nestled in the heart of downtown Encinitas. This modern gem offers a unique blend of sophistication and coastal charm, making it an exceptional opportunity to own a long-term legacy property in one of San Diego's most coveted locations. Spanning a generous 1,772 square feet, this duplex comprises two distinct units. The upper unit, with its 876 square feet, features 2 well-appointed bedrooms a stylish bathroom and a spacious private patio with room for family and friends. The lower unit offers 896 square feet of living space, also encompassing 2 bedrooms, generous modern bathroom and an oversized patio spanning the entire width of the unit along with side yard. Both units are thoughtfully designed with contemporary finishes and conveniences, including air conditioning and in-unit washers and dryers. The property's total lot size of 5,221 square feet presents a wealth of potential. The seller has conceptual plans for an additional two units and four garages on the back portion of the lot, providing ample options for future development. Located just moments away from shops, dining, the beach, entertainment, and transportation, this duplex places the best of Encinitas at your doorstep. Whether you choose to continue its use as an Airbnb and long-term rental or explore new development possibilities, this property is a must-see. Don't miss out on this incredible opportunity to own a piece of coastal paradise. Schedule your viewing today!
Mortgage Calculator
Est. Monthly Payment
$22,219
Comparable Properties
5 comps foundThis Property
$7,162
Comp Average
$7,048
1645 Noma Lane
4bd / 2.5ba · 1,875 sqft · Single Family
$2.10M
Est. $7,162/mo
1842 Avenida Mimosa
4bd / 3ba · 2,355 sqft · Single Family
$2.19M
Est. $6,663/mo
935 Encinitas Blvd
5bd / 2ba · 1,709 sqft · Single Family
$2.30M
Est. $6,787/mo
545 Quail Pointe Lane
4bd / 3.5ba · 3,212 sqft · Single Family
$2.35M
Est. $7,779/mo
201 Meadow Vista Way
5bd / 3ba · 2,433 sqft · Single Family
$2.50M
Est. $6,849/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITI − HOA
Incl. vacancy, PM, maint, capex
⚠️ Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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