$875,000
SOLD MAY 31, 2013

1827 N Vulcan Ave Encinitas, CA 92024

8 Beds
4 Baths
3,144 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$278 Per Sq Ft

20 Days on Market

About This Home

As of May 2022

Accepting back up offers. Subject to cancellation of current escrow. The building consists of all 2 bedroom 1 bath units. This well located complex is west of the 5 freeway & minutes to the beach. There are multiple shops, restaurants & bus stops within walking distance. Property has ample parking with 3 carports in back, & an additional 9 open off-street parking spaces. Units are separately metered for gas & electric. See supplemental remarks. Unique opportunity to acquire a desired property that produces positive cash flow while taking advantage of the 30 year fixed residential financing.

Last Agent to Sell the Property

Cody Evans

South Coast Commercial, Inc. License #01399935 Listed on: 03/06/2013

South Coast Commercial, Inc.

Last Buyer's Agent

Cody Evans

South Coast Commercial, Inc. License #01399935 Listed on: 03/06/2013

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 7,841 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Composition Roof

Additional Features

  • 2-Story Property
  • Water Heater

Community Details

  • 4 Units
  • Net Operating Income $37,011

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 254-071-13-00

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Market Area: Coastal North
  • Cross Street: Andrew Avenue
  • Neighborhood: Encinitas
  • Supplement: Unique opportunity to acquire a desired property that produces positive cash flow while taking advantage of the 30 year fixed residential financing.
  • LP / Sq Ft: 278.31
  • Price Per Sq Ft: 278.31
  • SP/ Sq Ft: 278.31
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Unit Sq Ft: 3144.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Exterior Features

  • Fencing: Partial
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water Heater Type: Electric

Condo/Co-op/Association

  • Community: LEUCADIA

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Assessor Parcel Number: 254-071-13-00
  • Land Use Code: MR
  • Estimated Lot Sq Ft: 7841

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 37011
  • Annual Expense Actual: 20026
  • Gross Rent Multiplier Actual: 14.88
  • Gross Sched Income Actual: 58800
  • Number Of Buildings: 1
  • Number Of Units With Range Oven: 4

Range of Values:

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Sold Price
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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
05/23/2022 05/23/22 Sold $2,995,000 0.0% $868 / Sq Ft
02/14/2022 02/14/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $2,995,000 0.0% $868 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $2,995,000 0.0% $868 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $2,995,000 +242.3% $868 / Sq Ft
05/31/2013 05/31/13 Sold $875,000 0.0% $278 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $875,000 -- $278 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 130011237

San Diego MLS

APN: 254-071-13-00