Gorgeous 21 unit Apartment complex in Downtown Encinitas on the bluffs overlooking the Ocean, and Swami's surf spot. Same Ownership for last 20 years. Units have been renovated to various extent over last 20 years but there is upside if the Buyers want to improve further and add w/d to each unit. Last 2Br condo sale in the neighborhood $2.85m. Newer pitched comp roof, water pipes replaced in 2003, pool and pool area renovated in last 2 years, newer windows, new 2nd floor deck going in now. Close to all the restaurants, shops, theater, banks, yoga studios, and train station on or near HWY 101.