Beds
Baths
11,194 Sq. Ft.
$670 / Sq. Ft.
11,194
Sq. Ft.
$670
per Sq. Ft.
  1. Listed by Will Creagan • DRE #00949450 • Brokerage DRE #01523691 • Southwest Equity Partners • willc@southwestep.com

Property Details for 409 4th Street

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
LISTING UPDATED: 09/11/2024 09:08 AM

Property Details for 409 4th Street

StatusClosed
MLS #NDP2406350
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1972
Lot Size0.33 AC / 14,374 SF
CountySan Diego County

Location

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

Sold By DP Properties, Dave Plutner, DRE #01273425

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Building Information for 409 4th Street

Stories2Residences-Year Built1972Building Size-Lot Size0.33 AC / 14,374 SF

Payment Calculator

$41,004 per month

30 year fixed, 6.11% Interest

Principal and Interest

$36,398

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

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

Aug 29, 2024

Pending

CLAW #NDP2406350MR

Aug 29, 2024

Pending

SDMLS #NDP2406350

Aug 26, 2024

Sold (Public Record)

Public Record #1541120303

$4,900,000
Aug 26, 2024

Sold (Public Record)

Public Record #1541230189

$4,900,000
Jul 18, 2024

Listed (Active)

CRMLS #NDP2406350

$8,250,000
Jul 17, 2024

Listed (Active)

SDMLS #NDP2406350

$8,250,000
Jul 17, 2024

Listed (Active)

CLAW #NDP2406350MR

$8,250,000
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

08/29/2024

Pending

CLAW #NDP2406350MR

08/29/2024

Pending

SDMLS #NDP2406350

08/26/2024

Sold (Public Record)

Public Record #1541120303

$4,900,000
08/26/2024

Sold (Public Record)

Public Record #1541230189

$4,900,000
07/18/2024

Listed (Active)

CRMLS #NDP2406350

$8,250,000
07/17/2024

Listed (Active)

SDMLS #NDP2406350

$8,250,000
07/17/2024

Listed (Active)

CLAW #NDP2406350MR

$8,250,000

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

Public Records for 409 4th Street

Taxable ValueLand$4,300,000Additions$600,000Total$4,900,000
Tax Record2025$55,277 ($4,606 / month)
Home Facts
Total Finished SqFt5,331 SqFtAbove Grade Finished SqFt5,331 SqFtLot Size9,782 SqFtStyleMulti-Family Res (5+ Units)Year Built1977ZoningR-4:MULTIPLECountySAN 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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Listing Courtesy of Southwest Equity Partners, Will Creagan, DRE #00949450

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