273 Hillcrest DR Encinitas, CA 92024
Active
$3,999,000
7 Units
9 Beds
8 Baths
3,600 Area(sq.ft.)
17,424 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| No data available in table | |||||||
| 0 | 0 | $ 0 | $ 0 | $ 0 | |||
| MLS #: | NDP2500640MR |
| Days On Market: | 0 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per ft2: | $ 1,111 |
| Price per unit: | $ 571,286 |
| Year Built: | 1984 |
Property Details
Rare opportunity in the heart of Leucadia to own (7) seven units, all located on a .4-acre flat usable lot west of Interstate 5. Over 3600 total sq. feet of living space. Units consist of (1) 2-bedrooms, 2 full baths, (2) 2-bedroom 1 full bath, (3) 1-Bedroom 1 bath and (1) studio unit. There is an oversized two car garage, covered carport, onsite laundry facility, private yards, and plenty of extra storage areas. Beautiful mature landscaping surrounds this uniquely designed building (including two cottages) providing a peaceful serene setting. All units are connected to the city sewer and there are 4 separate gas meters. Three of the units have been remodeled in the past year. Hillcrest is an ideal property with endless long term or short-term upside.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Rent Control: | False |
| Total Annual Expense: | $ 58,553 |
| Net Operating Income: | $ 210,651 |
| Cap Rate: | 4.69% |
Structure
| Community Features: | Park |
| Sewer: | Public Sewer |
Land & Parking
| Zoning: | R8 |
| Land Lease Type: | Fee |
| Total Parking: | 12 |
Interior
| Laundry: | Community, Laundry Area |
Exterior
| Pool: | No |
| Spa: | No |
Detailed Map
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