NOT LISTED FOR SALE

249 E Glaucus St Encinitas, CA 92024

Leucadia Neighborhood

Estimated Value: $1,990,767 - $2,623,000

5 Beds
5 Baths
2,581 Sq Ft
$840/Sq Ft Est. Value

Last Sold June 26, 2025

Last sale price $2,025,000 $785 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,897/month

83 Days on Market

Highlights

  • Forced Air Heating System
  • Paul Ecke-Central Elementary Rated A
  • Partially Fenced Property

About This Home

As of June 2025

Here’s your chance to own a tri-plex in the sought-after Encinitas area, just west of the 5 freeway. Ideally located near top-rated schools, beaches, restaurants, shops, and everything Encinitas has to offer. This property features 3 units, including a recently upgraded and remodeled studio with a 2-car garage below. The long driveway provides ample parking, and this is a rare opportunity with endless possibilities!

Last Agent to Sell the Property

Drew Lyon

Harcourts One License #01459368 Listed on: 01/22/2025

Co-Listed By

Michael Borna

Sunshine Realty License #00665250

Last Buyer's Agent

Drew Lyon

Harcourts One License #01459368 Listed on: 01/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 6,022 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Concrete Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Gravity Heating System

Listing and Financial Details

  • Tenant pays for sewer, trash, water
  • Assessor Parcel Number 254-325-28-00

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Net Operating Income $84,077

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: Hygeia Ave
  • Neighborhood: Encinitas
  • Stories: 2 Story
  • Sale Price List Price: 0.88
  • Total Stories: 2
  • Year Built: 1986
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Partial
  • Roof: Concrete

Utilities

  • Heat Equipment: Forced Air Unit, Wall/Gravity

Condo/Co-op/Association

  • Community: ENCINITAS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 254-325-28-00
  • Estimated Lot Sq Ft: 6022
  • Estimated Number of Acres: 0.14
  • Map Code Column: B
  • Map Code Page: 1147
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Sewer, Trash, Water

Multi Family

  • No. of Units: 3
  • Actual Net Operating Income: 84077
  • Gross Rent Multiplier Actual: 25.0
  • Gross Rent Multiplier Projected: 20.0
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 2
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 3
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
May 7, 2025
Sold by
Khalili-Borna Yvonne Elizabeth and Leon Family B-Trust
Bought by
Gerig Justen and Rumschlag Ryan
Seller's Agent
Drew Lyon
Harcourts One
Buyer's Agent
Drew Lyon
Harcourts One
List Price
$2,295,000
Sold Price
$2,025,000
Premium/Discount to List
-$270,000
-11.76%
Views
202
Current Estimated Value
$2,167,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,192
Avg. Annual Appreciation
15.19%
Original Mortgage
$1,620,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2016
Sold by
Leon Manuel L
Bought by
Leon Manuel L

Purchase Details

Closed on
Jun 20, 1997
Sold by
Preeyagrysorn Oravit B and Preeyagrysorn Subongkoch B
Bought by
Leon Manuel L and Leon Imogene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.83%

Purchase Details

Closed on
Dec 19, 1990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gerig Justen $2,025,000 Socal Title Company
Leon Manuel L -- None Available
Leon Manuel L $300,000 First American Title
-- $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerig Justen $1,620,000
Previous Owner Leon Manuel L $185,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2025 06/26/25 Sold $2,025,000 -11.8% $785 / Sq Ft
06/09/2025 06/09/25 For Sale $2,295,000 0.0% $889 / Sq Ft
04/16/2025 04/16/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $2,295,000 -4.2% $889 / Sq Ft
01/22/2025 01/22/25 For Sale $2,395,000 -- $928 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,090 $2,142,000 $1,836,000 $306,000
2024 $6,090 $469,616 $313,081 $156,535
2023 $5,855 $460,409 $306,943 $153,466
2022 $5,674 $451,382 $300,925 $150,457
2021 $5,537 $442,532 $295,025 $147,507
2020 $5,408 $437,995 $292,000 $145,995
2019 $5,311 $429,408 $286,275 $143,133
2018 $5,219 $420,989 $280,662 $140,327
2017 $5,137 $412,735 $275,159 $137,576
2016 $5,027 $404,643 $269,764 $134,879
2015 $4,902 $398,565 $265,712 $132,853
2014 $4,760 $390,759 $260,508 $130,251
Source: Public Records

Agents Affiliated with this Home

  • Drew Lyon

    Seller's Agent in 2025

    Drew Lyon

    Harcourts One

    (858) 952-2216

    2 in this area

    45 Total Sales

    Drew Lyon
    Section Image

  • M

    Seller Co-Listing Agent in 2025

    Michael Borna

    Sunshine Realty

    (818) 705-1089

    2 in this area

    4 Total Sales

    Michael Borna
    Section Image
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Map

Source: San Diego MLS

MLS Number: 250016933

San Diego MLS

APN: 254-325-28

California San Diego County Encinitas 92024 Leucadia

249 E Glaucus St, Encinitas, CA

Not Listed for Sale

MultiFamily

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