Sold
Last Sold Price
11,194 sqft$670/sqft
409 4th St, Encinitas, CA 92024
Multi FamilyProperty Type
0.33 acresLot Size
1972Year Built
$670/sq ftPrice per sq ft
19 carsParking Spaces
  • Listed by: Will Creagan DRE #00949450 Brokerage DRE #01523691 • Southwest Equity Partners willc@southwestep.com
Listing closed: 09/10/2024 12:00 AM • Source: CRMLS, MLS#: NDP2406350

Recent comparable sales

Median sold price

$2,250,000

Avg days on market

87

Sale-to-list ratio

85.4%

Encinitas, CA

9 comparable properties found

$6,500,000 | 1046-48 Neptune Avenue, Encinitas, CA 92024
1

$6,500,000

Sold 06/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
3,421
Square Feet
0.21
Acres
2

$1,790,000

Sold 01/16/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.11
Acres
an aerial view of residential house with stairs
3

$2,250,000

Sold 10/24/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.10
Acres
4

$2,250,000

Sold 10/24/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.10
Acres
an aerial view of a city
5

$1,906,560

Sold 03/12/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
6

$1,175,000

Sold 10/02/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.24
Acres
an aerial view of residential building with parking space
1/13
7

$2,500,000

Sold 09/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.82
Acres
a picture of flowers
1/18
8

$1,275,500

Sold 04/16/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
9

$6,100,000

Sold 09/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
4,758
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Southwest Equity Partners, Will Creagan, DRE #00949450

Sold By DP Properties, Dave Plutner, DRE #01273425

Add your commute

Payment Calculator

$43,362 per month

30 year fixed, 6.71% Interest

Principal and Interest

$38,756

Property Taxes

$4,606

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 409 4th Street

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 19
  • Private Pool: No
  • Total Units: 10.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 14,514 sf / .33 Acres
  • Living Area: 11194
  • Assessor Parcel Number: 259-071-14-00
  • Property Attached YN: true
  • Common Walls: 1 Common Wall
  • New Construction: No
  • Average 1 Bed Area: 719
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area: 1261
  • Average 2 Bed Area Units: Square Feet
  • Building Area Total: 11194
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • Fireplace: No
  • Pool: No
  • Spa: No
  • View: No
  • View: No
  • Association: No
  • Association Fee: $.00
  • Zoning: DR-15
  • Senior Community: No
  • Neighborhood: Downtown Coastal Encinitas
  • Parcel Number: 2590711400
  • Area: 92024 - Encinitas
  • 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.
Building Information
  • Stories: 2
  • Year Built: 1972
  • Lot Size: 0.33 AC / 14,374 SF
Income / Expense / Tax Details
Income Details
  • Gross Income: $1,200
  • Gross Scheduled Income: $459,600
  • Gross Equity: $8,250,000
  • Vacancy Allowance: 18384
  • Vacancy Allowance Rate: 4
  • Gross Operating Income: $441,206
  • Net Operating Income: $291,132
  • Other Income Description: Laundry Inc. Included in GSI above
  • Cap Rate: 3.53
Expense Details
  • Operating Expense: $151,762
  • New Taxes Expense: $90,090
  • Gardener Expense: $6,000
  • Fuel Expense: $0
  • Licenses Expense: $250
  • Electric Expense: $4,475
  • Insurance Expense: $6,967
  • Maintenance Expense: $15,000
  • Professional Management Expense: $19,854
  • Trash Expense: $3,984
  • Water Sewer Expense: $3,454
  • Total Expenses: $151,762
Tax / Assessment Info
  • Tax Block: 071
  • Tax Tract Number: 14
  • CFD/Mello-Roos Fee: $3,090
  • Tax Lot: 258
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Biking, Fishing, Park, Watersports
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area, Community, Dryer Included, Inside, See Remarks, Washer Included
Exterior Features
  • Entry Location: Courtyard
  • Fence: No
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Additional Parcels Description: 2580711900
  • Lot Features: 26-30 Units/Acre, Back Yard, Corner Lot, Front Yard, Near Public Transit, Park Nearby, Utilities - Overhead, Walkstreet
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Sewer: Public Sewer
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Garage - 1 Car, Parking Space
  • Uncovered Spaces: 11
  • Open Other Spaces Total: 11
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Asphalt, Garage - Single Door, On Site, Parking Space
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 0
  • Number With Dishwasher: 10
  • Number With Range: 10
  • Number With Refrigerator: 10
  • Number With Patio: 10
  • Number Wall AC: 0

Property History for 409 4th Street

DateEvent & SourcePriceAppreciation
Sep 10, 2024

Sold

CRMLS #NDP2406350

$7,500,000
Sep 10, 2024

Sold

SDMLS #NDP2406350

$7,500,000
Aug 29, 2024

Pending

CRMLS #NDP2406350

DateEvent & SourcePrice
09/10/2024

Sold

CRMLS #NDP2406350

$7,500,000
09/10/2024

Sold

SDMLS #NDP2406350

$7,500,000
08/29/2024

Pending

CRMLS #NDP2406350

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 409 4th Street

Taxable ValueLand$4,386,000Additions$612,000Total$4,998,000
Tax Record2025$55,277 ($4,606 / month)
Home Facts
Baths7.5Total Finished SqFt5,331 SqFtAbove Grade Finished SqFt5,331 SqFtLot Size9,782 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977Year Renovated2000ZoningD-R15CountySAN DIEGOAPN258-071-19-00

Schools near 409 4th Street

This home is within Encinitas Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Paul Ecke-Central Elementary School
PublicK to 6

Diegueno Middle School
Public7 to 8

La Costa Canyon High School
Public9 to 12

Sunset High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 409 4th Street, Encinitas, CA 92024
$7,500,000
11,194
14,374
$2,600,000
4
2,816
4,732
$1,550
1
1,000
6
4,195
4,805
4
2,261
4,994
$250,000
2.5
2,834
5,202

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Southwest Equity Partners, Will Creagan, DRE #00949450

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.