$3,000,000
SOLD APR 27, 2021

729 Neptune Ave Encinitas, CA 92024

6 Beds
3 Baths
3,000 Sq Ft
6,202 Sq Ft Lot

Recently Sold

$1,000 Per Sq Ft

6% Below List Price

27 Days on Market

Highlights

  • Laundry Facilities
  • Partially Fenced Property
  • West of 101 Freeway
  • Paul Ecke-Central Elementary Rated A
  • Wood Siding

About This Home

As of April 2021

Best Opportunity on the market! Spacious duplex with vaulted ceilings & excellent floor plans in prime walk to beach and town location! Large lot with driveway access off Daphne + 4 c. garage + shared laundry rm. Remodel existing units, or confirm multiple possibilities with City of Enc. to remodel building into SFR, or into two twin homes~ buyer to confirm zoning and all construction options with City of Enc bldg dept prior to writing offer. SO MANY opportunities for both short and long term benefits! And perfect as investment or owner-occupy with excellent income! Existing 4 br & 2 br floor plans allow for maximizing rental income as either long term or as short term rentals. Existing tenant is immediate income, on mo to mo, & would like to stay, Spacious living room in 4 br unit with vaulted ceilings, huge deck + yard. Light & bright upstairs 2 br unit with vaulted ceilings & private deck off LR. Must see how private both units are, plus inviting outdoor living areas. Hear the surf, and walk to the beach~no other opportunity like this. Seller has plans in progress with city for two twin home style units. Seller makes no warranty regarding approval, but buyer may take over processing.

Last Agent to Sell the Property

Polly Rogers

Compass License #00637691 Listed on: 03/16/2021

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 6,202 Sq Ft Lot
  • Partially Fenced Property

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Location

  • West of 101 Freeway
  • West of 5 Freeway

Schools

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

Additional Features

  • 2-Story Property
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas/propane
  • Assessor Parcel Number 256-052-03-00

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: Encinitas
  • Stories: 2 Story
  • Sale Price List Price: 0.94
  • 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: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

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

Utilities

  • Sewer/Septic: Sewer Connected
  • Heat Equipment: Forced Air Unit

Condo/Co-op/Association

  • Community: ENCINITAS
  • Complex Features: Laundry Facilities

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: 4,000-7,499 SF
  • Site: Alley Access, Public Street, Rear Yd Str Access, Street Paved, West of I-5, West of 101
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 256-052-03-00
  • Estimated Lot Sq Ft: 6202
  • Estimated Number of Acres: 0.14
  • Map Code Column: A
  • Map Code Page: 1147
  • Map Code Row: 5

Rental Info

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

Multi Family

  • No. of Units: 2
  • Gross Sched Income Actual: 39000
  • Gross Sched Income Projected: 106800
  • Number Of Buildings: 1
  • Number Of Units With Dryers: 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: 1

Similar Homes in Encinitas, CA

  • 168 Coop Ct, Encinitas, CA 92024

    $2,500,000

    • 4 Beds
    • 6 Baths
    • 3,102 Sq Ft
    • 168 Coop Ct
    • Encinitas, CA

    DUPLEX UNIT (TOTAL 3102 SQUARE FEET) ON A CUL-DE-SAC NEAR THE OCEAN WITH ACCESS TO ALL. 2 CAR GARAGES ON THE STREET LEVEL /// UP THE SIDE STAIRS TO THE ENTRY LEVEL WITH THE LIVING ROOM WITH FIREPLACE AND PATIO TO THE LEFT /// KITCHEN AND FAMILY ROOM TO THE LEFT WITH BALCONY OVER THE GARAGE /// THE HALF BATH AND FURNACE IS BETWEEN THEM // UP THE STAIRS FINDS THE LAUNDRY CLOSET // THE MASTER

    Kenneth Snyker Lincoln Realty Assoc.

    Section Image
  • 937 3rd St, Encinitas, CA 92024

    $3,650,000

    • 4 Beds
    • 2 Baths
    • 1,772 Sq Ft
    • 937 3rd St
    • Encinitas, CA

    MOVE IN READY! 937 3rd Street is an elegantly reimagined duplex nestled in the heart of downtown Encinitas. This modern gem offers a unique blend of sophistication and coastal charm, making it an exceptional opportunity to own a long-term legacy property in one of San Diego's most coveted locations. Spanning a generous 1,772 square feet, this duplex comprises two distinct units. The upper unit,

    Criss Crozier Compass

    Section Image
  • 1027-33 3rd St, Encinitas, CA 92024

    $3,150,000

    • 8 Beds
    • 4 Baths
    • 2,600 Sq Ft
    • 1027-33 3rd St
    • Encinitas, CA

    FOUR UNITS! Each has two bedrooms, one bath, and in unit laundry. Located one block from the Pacific Ocean and west of the 101, these recently upgraded units are highly sought after with incredible rental demand. Walkability is off the charts; a few short blocks from world famous Swami's Surf Beach, Moonlight Beach, restaraunts, train station, and shops. In addition to street parking, there

    Shawn Bengtson Shoreline Properties

    Section Image
  • 1004 Nardo Rd, Encinitas, CA 92024

    $3,299,000

    • 6 Beds
    • 5 Baths
    • 2,108 Sq Ft
    • 1004 Nardo Rd
    • Encinitas, CA

    This listing coincides with MLS NDP2410635 Residential Income Property. Huge price improvement, get it before it's gone!! Experience Coastal Living: A Rare Bed & Breakfast Opportunity in Encinitas Welcome to a one-of-a-kind home attached to a holistic bed and breakfast nestled in the heart of Encinitas, just minutes from the sparkling Pacific Ocean and vibrant coastal community. This

    Thomas Stewart Real Broker

    Section Image
  • 943-45 Windy Hill Terrace, Encinitas, CA 92024

    $2,399,000

    • 4 Beds
    • 4 Baths
    • 2,170 Sq Ft
    • 943-45 Windy Hill Terrace
    • Encinitas, CA

    Welcome to 943 & 945 Windy Hill Terrace, a stunning ocean view duplex nestled in the charming city of Encinitas, California. This contemporary residence is a blend of elegance and comfort, offering a total of 2,170 square feet of living space. Each unit within this duplex boasts 2 bedrooms and 2 upgraded bathrooms. The modern showers and high-end finishes create an oasis of relaxation. The

    Cody Steele Compass

    Section Image
  • 2453-55 Newcastle Ave, Encinitas, CA 92007

    $2,895,000

    • 6 Beds
    • 6 Baths
    • 2,714 Sq Ft
    • 2453-55 Newcastle Ave
    • Encinitas, CA

    Cardiff Duplex, an investor's dream! This beautiful duplex contains two side-by-side 3 bedroom 2 and a half bath units. Each unit has a private front deck with peekaboo ocean views as well as single car garages and multiple reserved parking spaces. The interiors were remodeled in 2020 with modern finishes and elegant style. Nestled on a 5,000 square foot lot in the heart of Cardiff's walking

    Shawn Bengtson Shoreline Properties

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210006746

San Diego MLS

APN: 256-052-03-00