$2,200,000
SOLD OCT 24, 2018

729 Neptune Ave Encinitas, CA 92024

6 Beds
3 Baths
3,000 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$733 Per Sq Ft

8% Below List Price

76 Days on Market

Highlights

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

About This Home

As of April 2021

STREET OF DREAMS! Located in the beach town of Leucadia features 2 units! Main unit is 4 Bd/2Ba approx 2,000+ sqft. with vaulted wood beamed ceilings, huge living room with a view deck, 4 large bedrooms and fantastic outdoor living spaces. Upper 2Bd/1Ba unit has vaulted ceilings large living room with wood deck overlooking Neptune Ave. Perfect to continue as investment/vacation rental, a dream home or both! Peek ocean view from upstairs unit. Short walk to Beacon's Beach, tasty restaurants and shops.

Last Agent to Sell the Property

Hamit Kilic

Compass License #01969492 Listed on: 05/30/2018

Co-Listed By

Joe Mclaughlin

Compass License #01323810

Last Buyer's Agent

Polly Rogers

Compass License #00637691

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Home Design

  • Composition Roof
  • Wood Siding

Utilities

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

Additional Features

  • 2-Story Property
  • Partially Fenced Property

Listing and Financial Details

  • Vacation Rental by Owner
  • Tenant pays for sewer, water, electricity, gas/propane
  • Assessor Parcel Number 256-052-03-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $150,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: Daphne St.
  • Neighborhood: Leucadia
  • Stories: 2 Story
  • Sale Price List Price: 0.92
  • Total Stories: 2
  • Year Built: 1973
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: ENCINITAS

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 256-052-03-00

Rental Info

  • Vacation Rental By Owner: Yes
  • Tenant Pays: Sewer, Water, Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 150400
  • Gross Rent Multiplier Actual: 15.9
  • Gross Sched Income Actual: 150450
  • 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: 2
  • 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

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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
04/27/2021 04/27/21 Sold $3,000,000 -6.3% $1,000 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $3,200,000 +45.5% $1,067 / Sq Ft
10/24/2018 10/24/18 Sold $2,200,000 -8.1% $733 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
05/30/2018 05/30/18 For Sale $2,395,000 +33.1% $798 / Sq Ft
01/11/2017 01/11/17 Sold $1,800,000 -10.0% --
11/02/2016 11/02/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $1,999,999 -16.5% --
09/28/2016 09/28/16 Pending -- -- --
06/08/2016 06/08/16 For Sale $2,395,000 -- --
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: 180028782

San Diego MLS

APN: 256-052-03-00