NOT LISTED FOR SALE

1353 N Vulcan Ave Encinitas, CA 92024

16 Beds
14 Baths
8,708 Sq Ft
0.39 Acres

Last Sold March 25, 2021

Last sale price $5,175,000 $594 Per Sq Ft

Highlights

  • Hiking Trails
  • Park
  • Landscaped
  • Paul Ecke-Central Elementary Rated A
  • Laundry Room
  • 5-minute walk to Leucadia Oaks Park

About This Home

As of March 2021

Fantastic investment opportunity within blocks to Beacons beach, New trendy wine bars, restaurants & coffee shops. Tenants enjoy the sea and ocean breezes year round in this sunny coastal community of Encinitas/Leucadia. Lots of outdoor activities; walking, biking surfing and paddle boarding. Building has 12 units: 2- 2BR/2 BA 883sq.ft, 2- 2BR/1BA 830sq.ft and 8- 1BR/1BA 650sqft. Mostly all units upgraded and are in outstanding condition with vinyl flooring, maple cabinets, ceiling fans, upgraded kitchens with refrigerator, dishwasher and ample storage. Upstairs units have nice size balconies, downstairs units have large patios. Additional on site income producing laundry facilities, outside BBQ area, Locked Bike/surfboard storage and large off street parking lot in the back.

Last Agent to Sell the Property

Jennifer Friend

Berkshire Hathaway HomeService License #01011068 Listed on: 03/25/2021

Berkshire Hathaway HomeService

Last Buyer's Agent

Corey McHenry

David Santistevan License #01800485

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 0.39 Acre Lot
  • 1 Common Wall
  • Landscaped

Home Design

  • Property Attached

Interior Spaces

  • 8,708 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1776
  • Assessor Parcel Number 2542542900

Community Details

Recreation

  • Park
  • Water Sports
  • Hiking Trails
  • Bike Trail

Building Details

  • 12 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,427
  • Professional Management Expense $13,800
  • Trash Expense $1,300
  • Water Sewer Expense $3,490
  • New Taxes Expense $10,027
  • Operating Expense $143,000
  • Gross Income $276,000
  • Net Operating Income $133,000

Additional Features

  • 12 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • CapRate: 2.64
  • Professional Management Expense: 13800.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3490.00
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 2542542900
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 594.28

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Hiking, Park, Watersports

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 16805.00
  • Lot Size Acres: 0.3858

Multi Family

  • Gross Income: 276000.00
  • Gross Scheduled Income: 276000.00
  • Insurance Expense: 4427.00
  • Lot Size Area: 16805.0000 Square Feet
  • Net Operating Income: 133000.00
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 12
  • Operating Expense: 143700.00
  • Rent Control: No
  • Total Expenses: 143000.00

Tax Info

  • New Taxes Expense: 10027.00
  • Tax Lot: 4
  • Tax Tract Number: 001776

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
03/25/2021 03/25/21 Sold $5,175,000 -- $594 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Friend

    Seller's Agent in 2021

    Jennifer Friend

    Berkshire Hathaway HomeService

    (619) 743-3428

    2 in this area

    25 Total Sales

    Jennifer Friend
    Section Image
  • Corey McHenry

    Buyer's Agent in 2021

    Corey McHenry

    David Santistevan

    (619) 565-0179

    1 in this area

    27 Total Sales

    Corey McHenry
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2103137

California Regional Multiple Listing Service (CRMLS)

APN: 254-254-29-00

California San Diego County Encinitas 92024

1353 N Vulcan Ave, Encinitas, CA

This home is located at 1353 N Vulcan Ave, Encinitas, CA 92024 since 25 March 2021. This property was built in 1975. 1353 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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