Updated Jul 3, 2025
Interstate Equities Corporation Acquires Multifamily Property In Encinitas, San Diego
1320 Via Terrassa, Encinitas, San Diego County, CA, USA
$94,100,100
$91,005/SF
Building Size
1,034 SF
Asset Type
MultiFamily
Closing
Mar 30, 2021
About this deal
AI
The multifamily property located at 1320 Via Terrassa, Encinitas, San Diego was recently sold in a closed transaction. The sale took place on March 31, 2021, with a sale price of $94,100,100. The property consists of 196 units, resulting in a price per unit of $480,102. The total square footage of the property is 1,034 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $94,100,100
- Address: 1320 Via Terrassa, Encinitas, San Diego
- Units: 196
- Price per Unit: $480,102
- Square Footage: 1,034
The buyer of the property is Interstate Equities Corporation, while the transaction was facilitated by brokers Hunter Combs, Blake Rogers, Alexandra Caniglia, Javier Rivera, and Kevin Sheehan.
On the Map
$94,100,100
$91,005/SF
MultiFamily
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Players
Encinitas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93