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    951 N Vulcan Avenue

    Encinitas, CA 92024
    • $3,695,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: NDP2000107
    UPDATED: 43 min ago
    $3,695,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,600
      SQFT
    • $660
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1976
    County:

    School Ratings & Info

    Description

    Privately situated on a parallel street to Highway 101, this property offers an unbeatable location! Less than 2 blocks to Beacon's Beach, moments to all the restaurants of Highway 101 as well as shopping, great walkability! Significant remodel done from 2017-2020 with over 275k in upgrades! Newly paved driveway, all new kitchens, newer washer/dryer for on-site tenants and plenty of on-site parking which is rare to find by the coast! New decking, gutters, and fresh landscaping. Hot water tank approx 2 years old. Long-term tenants, 100% occupied. Current rents are below average market rent. Potential rental income is higher. Mature macadamia nut tree and tangerine.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T18:31:39.437. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/110290352
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    951 N Vulcan Avenue Encinitas, CA 92024

    • Price: $3,695,000
    • Status: Active
    • Updated: 43 min ago
    • ID#: NDP2000107
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    5,600
    SQFT
    $660
    $/SQFT
    1976
    Built
    Neighborhood:
    92024 - Encinitas
    County:
    San Diego
    Area:
    92024 - Encinitas
    Property Description
    Privately situated on a parallel street to Highway 101, this property offers an unbeatable location! Less than 2 blocks to Beacon's Beach, moments to all the restaurants of Highway 101 as well as shopping, great walkability! Significant remodel done from 2017-2020 with over 275k in upgrades! Newly paved driveway, all new kitchens, newer washer/dryer for on-site tenants and plenty of on-site parking which is rare to find by the coast! New decking, gutters, and fresh landscaping. Hot water tank approx 2 years old. Long-term tenants, 100% occupied. Current rents are below average market rent. Potential rental income is higher. Mature macadamia nut tree and tangerine.
    Exterior Features

    Fence YN Yes Fencing Excellent ConditionPartial Garage Spaces 0.00 Lot Features LandscapedLevelNear Public TransitPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Features DrivewayPavedOn SiteParking Space Parking Total 12.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Uncovered Spaces 12.00 Waterfront Features Ocean Side Of Freeway

    Interior Features

    Appliances DishwasherRefrigerator Appliances YN Yes Common Walls 2+ Common Walls Flooring Laminate Heating Natural GasWall Furnace Heating YN Yes Interior Features Ceiling Fan(S) Laundry Features Common AreaCommunityDryer IncludedInsideWasher Included Levels Two

    Property Features

    Building Area Units Square Feet Cap Rate 4.00 Community Features UrbanBikingWatersports Country Us Fuel Expense 0.00 Gross Income 149340.00 Gross Scheduled Income 188760.00 Insurance Expense 2200.00 Land Lease YN No Laundry Equipment Own Lease Own Laundry Income 2000.00 Laundry YN Yes Net Operating Income 151340.00 New Taxes Expense 0.00 Number Of Separate Electric Meters 1 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Number Of Units Leased 9 Number With Range 9 Number With Refrigerator 9 Operating Expense 39420.00 Professional Management Expense 4800.00 Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 15730.00 Total Expenses 3285.00 Trash Expense 1272.00 Water Sewer Expense 2888.00 Water Source Public Year Built Source Assessor Zoning R-3:Restricted Multiple

    Listing provided courtesy of Sue De Legge of Pacific Sotheby's Int'l Realty and Gina De Legge Habchi of Pacific Sotheby's Int'l Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T18:31:39.437. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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