NOT LISTED FOR SALE

1093 N Vulcan Ave Encinitas, CA 92024

10 Beds
8 Baths
5,446 Sq Ft
0.25 Acres

Last Sold July 02, 2024

Last sale price $3,730,000 $685 Per Sq Ft

146 Days on Market

Highlights

  • Corner Lot
  • Partially Fenced Property
  • Wood Siding
  • Paul Ecke-Central Elementary Rated A

About This Home

As of July 2024

Four luxury townhome units in the heart of Leucadia. Condominium potential. Townhomes are approx. 1350-1400 sf. Each townhome includes fireplace, vaulted ceilings, attached two car garage, washer/dryer hook ups, and private balconies. Two units include private rear yards. Four gas, electric and water meters. Desirable beach location within walking distance to Beacons Beach, dining and entertainment. Desirable cash flow at market rental rates. Do not disturb residents.

Last Agent to Sell the Property

ray adams

Ray Adams Investment Real Estate Inc License #00989238 Listed on: 11/01/2023

Last Buyer's Agent

Betsy Heller

Achievers Realty, Inc License #01074985

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.25 Acre Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for water, electricity, gas/propane, hot water
  • Assessor Parcel Number 2543244700

Community Details

Overview

  • 4 Units
  • Leucadia Townhomes Community

Building Details

  • Net Operating Income $83,816

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Glaucus
  • Neighborhood: Coastal
  • LP / Sq Ft: 24.1
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1986
  • Allow Comments Review: No
  • Internet Address Field: Partial Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Wood
  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Complex Name: Leucadia Townhomes
  • Community: LEUCADIA
  • Manager Name: owner

Lot Info

  • Lot Size: .25 to .5 AC
  • Site: Corner Lot
  • Topography: Level
  • Assessor Parcel Number: 2543244700
  • Estimated Lot Sq Ft: 10913

Rental Info

  • Tenant Pays: Water, Electricity, Gas/Propane, Hot Water

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 83816
  • Annual Expense Actual: 54653
  • Annual Expense Projected: 54653
  • Gross Rent Multiplier Actual: 27.3
  • Gross Rent Multiplier Projected: 17.4
  • Gross Sched Income Actual: 142752
  • Gross Sched Income Projected: 225000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Garage: 4
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $3,730,000 -4.4% $685 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/12/2024 02/12/24 For Sale $3,900,000 0.0% $716 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/11/2024 01/11/24 Price Changed $3,900,000 -2.5% $716 / Sq Ft
11/01/2023 11/01/23 For Sale $4,000,000 -- $734 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • r

    Seller's Agent in 2024

    ray adams

    Ray Adams Investment Real Estate Inc

    (858) 546-5456

    1 in this area

    28 Total Sales

    ray adams
    Section Image
  • Betsy Heller

    Buyer's Agent in 2024

    Betsy Heller

    Achievers Realty, Inc

    (858) 583-1413

    1 in this area

    81 Total Sales

    Betsy Heller
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 230021492

San Diego MLS

APN: 254-324-47-00

California San Diego County Encinitas 92024

1093 N Vulcan Ave, Encinitas, CA

This home is located at 1093 N Vulcan Ave, Encinitas, CA 92024 since 01 November 2023. This property was built in 1986. 1093 N Vulcan Ave is a home located in San Diego County with nearby schools including Paul Ecke-Central Elementary, Diegueno Middle School, and La Costa Canyon High School.

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