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134-136 Hillcrest Dr

Encinitas, CA 92024
  • $2,329,000
  • STATUS: ACTIVE
  • ON SITE: 51 Days
  • ID#: 240019839
UPDATED: 77 min ago
$2,329,000
  • 4
    BEDS
  • 0.29
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,880
    SQFT
  • $1,239
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:

School Ratings & Info

Description

Discover this exceptional duplex located west of the 5 freeway in the heart of Leucadia. Set on a sprawling 12,492 sq. ft. flat and usable lot, this property offers incredible potential for expansion—add more units or convert the garages into additional living spaces. Each unit features 2 bedrooms, 1 bathroom, and a 1-car garage. Enjoy the ultimate coastal lifestyle with a short walk to the beach and everything Leucadia has to offer. Live in one unit and rent out the other, or maximize your investment with future development.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.forsalesandiego.com/homes/153907853
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134-136 Hillcrest Dr Encinitas, CA 92024

  • Price: $2,329,000
  • Status: ACTIVE
  • On Site: 51 Days
  • Updated: 77 min ago
  • ID#: 240019839
4
Beds
2
Baths
0
½ Baths
0.29
Acres
1,880
SQFT
$1,239
$/SQFT
1973
Built
Neighborhood:
Luecadia
County:
San Diego
Area:
Encinitas (92024)
Property Description
Discover this exceptional duplex located west of the 5 freeway in the heart of Leucadia. Set on a sprawling 12,492 sq. ft. flat and usable lot, this property offers incredible potential for expansion—add more units or convert the garages into additional living spaces. Each unit features 2 bedrooms, 1 bathroom, and a 1-car garage. Enjoy the ultimate coastal lifestyle with a short walk to the beach and everything Leucadia has to offer. Live in one unit and rent out the other, or maximize your investment with future development.
Exterior Features

Exterior Stucco Fencing Partial Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 0

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 1.8 Age Restrictions N/K Annual Expense Actual 6719 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community ENCINITAS Complex Park N/A Cross Streets N. Vulcan Ave Gross Rent Multiplier Actual 54.0 Gross Rent Multiplier Project 27.0 Gross Scheduled Income Actual 43114 Gross Scheduled Income Project 84000 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 3.6 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerTrashWaterHot Water Terms CashConventional Unit Number For Unit1 134 Unit Number For Unit2 136 Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 3500.0 Unit1 Rent Actual 1210.0 Unit2 Deposit 1300 Unit2 Occupied Tenant Unit2 Projected Rent 3500.0 Unit2 Rent Actual 2662.0 Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Drew Lyon of Harcourts Prime Properties: 858-952-2216. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Yarbrough Group
2445 Truxtun Rd., Ste 108
San Diego CA, 92106