NOT LISTED FOR SALE

692 Santa fe Dr Encinitas, CA 92024

Central Encinitas Neighborhood
5 Beds
5 Baths
2,625 Sq Ft
10,494 Sq Ft Lot

Last Sold May 23, 2017

Last sale price $1,138,028 $434 Per Sq Ft

11 Days on Market

About This Home

As of May 2017

Incredible Income/Investment Opportunity w/ a 5%+ CAP Rate. Great opportunity to generate monthly cash flow. Large corner lot, close to beaches, shopping + great schools. 2 large units in 1 building (1st unit - 3bd/2bath with 2 car attached garage, 1425 sq.ft. in one level. 2nd unit 2Bd/2.5Bath, 1200 sq.ft. in 2 levels), w/ fantastic long term tenants who want to stay. Aggressively priced to sell. Call today for more detail and to schedule a private showing. New Photos coming 4.12.2017

Last Agent to Sell the Property

Kip Boatcher

eXp Realty of California, Inc. License #01322805 Listed on: 04/10/2017

eXp Realty of California, Inc.

Last Buyer's Agent

Chris Trevor

Green Banker Realty License #00818997

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 10,494 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Wood Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property

Schools

  • Encinitas Union School District Elementary School
  • San Dieguito High School District Middle School
  • San Dieguito High School District

Listing and Financial Details

  • Tenant pays for trash, cable TV, electricity
  • Assessor Parcel Number 258-274-33-00

Community Details

Overview

  • 2 Units
  • K/20 Community

Pet Policy

  • Pets Allowed

Building Details

  • Net Operating Income $48,591

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Nardo
  • Neighborhood: Avocado Acres
  • LP / Sq Ft: 20.04
  • Stories: 2 Story
  • Sale Price List Price: 0.96
  • Total Stories: 2
  • Year Built: 1975
  • 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: Full
  • Roof: Wood

Condo/Co-op/Association

  • Complex Name: k/20
  • Pets Allowed: Yes
  • Community: ENCINITAS
  • Manager Name: Louai
  • Manager Phone: 8584055530

Schools

  • School District URL: http://www.sduhsd.net/
  • Elementary School: Encinitas Union School District
  • Elementary School Website: http://www.eusd.k12.ca.us/
  • High School: San Dieguito High School District
  • Middle School Url: http://www.sduhsd.net/
  • Middle School: San Dieguito High School District

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Water District: OLIVENHAIN MUNICAL WATER DISTRI
  • Zoning: R-2: Minor
  • Assessor Parcel Number: 258-274-33-00
  • Land Use Code: R-2
  • Estimated Lot Sq Ft: 10494
  • Water District URL: http://www.olivenhain.com
  • Estimated Number of Acres: 0.24

Rental Info

  • Tenant Pays: Trash, Cable TV, Electricity

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 48591
  • Annual Expense Actual: 11409
  • Annual Expense Projected: 12676
  • Gross Rent Multiplier Actual: 20.8
  • Gross Rent Multiplier Projected: 16.64
  • Gross Sched Income Actual: 60000
  • Gross Sched Income Projected: 72000
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 1
  • Number Of Units With Garage: 1
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
05/23/2017 05/23/17 Sold $1,138,028 -4.3% $434 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
04/10/2017 04/10/17 For Sale $1,188,800 -- $453 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kip Boatcher

    eXp Realty of California, Inc.

    Section Image

  • C

    Buyer's Agent in 2017

    Chris Trevor

    Green Banker Realty

  • S

    Buyer's Agent in 2017

    Shawn Grover

    Grover Realty, Inc

    (760) 730-3558

    8 Total Sales

    Shawn Grover
    Section Image
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Map

Source: San Diego MLS

MLS Number: 170017841

San Diego MLS

APN: 258-274-33-00

California San Diego County Encinitas 92007 Central Encinitas

692 Santa fe Dr, Encinitas, CA

This home is located at 692 Santa fe Dr, Encinitas, CA 92024 since 10 April 2017. This property was built in 1975. 692 Santa fe Dr is a home located in San Diego County with nearby schools including Ocean Knoll Elementary School, Oak Crest Middle School, and La Costa Canyon High School.

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