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249 E Glaucus St

Encinitas, CA 92024
  • $2,495,000
  • STATUS: ACTIVE
  • ON SITE: 51 Days
  • ID#: 240019841
UPDATED: 163 min ago
$2,495,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,581
    SQFT
  • $967
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1986
County:

School Ratings & Info

Description

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 the expansive lot offers great potential for future development. This is a rare opportunity with endless possibilities!

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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.gellens.com/homes/153907854
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249 E Glaucus St Encinitas, CA 92024

  • Price: $2,495,000
  • Status: ACTIVE
  • On Site: 51 Days
  • Updated: 163 min ago
  • ID#: 240019841
5
Beds
4
Baths
0
½ Baths
0.14
Acres
2,581
SQFT
$967
$/SQFT
1986
Built
Neighborhood:
Encinitas
County:
San Diego
Area:
Encinitas (92024)
Property Description
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 the expansive lot offers great potential for future development. This is a rare opportunity with endless possibilities!
Exterior Features

Exterior Stucco Fencing Partial Roof Concrete Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard No Units With Garages 1 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 3 Units With Dryers 3 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 3

Property Features

Actual Cap Rate 3.8 Age Restrictions N/K Annual Expense Actual 11131 Association ID San Diego Association of REALTORS (SDAR) Buildings 2 Cfd Mello Roos Fee 0.0 Community ENCINITAS Complex Park N/A Cross Streets Hygeia Ave Gross Rent Multiplier Actual 26.0 Gross Rent Multiplier Project 21.0 Gross Scheduled Income Actual 95208 Gross Scheduled Income Project 120000 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Projected Cap Rate 4.8 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays SewerTrashWater Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 c Unit1 Deposit 3635 Unit1 Occupied Tenant Unit1 Projected Rent 4000.0 Unit1 Rent Actual 3635.0 Unit2 Deposit 2122 Unit2 Occupied Tenant Unit2 Projected Rent 3500.0 Unit2 Rent Actual 2122.0 Unit3 Deposit 2500 Unit3 Occupied Tenant Unit3 Projected Rent 2500 Unit3 Rent Actual 2500.0 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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