647 San Dieguito Dr

    Encinitas, CA 92024
    • $2,100,000
    • STATUS: ACTIVE
    • ON SITE: 62 days
    • ID#: 190046195
    UPDATED: 41 min ago
    $2,100,000
    • 6
      BEDS
    • 0.23
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    • 2,802
      SQFT
    • $749
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    Description

    Once in a lifetime opportunity in Encinitas Highlands! Charming beach home + four non-confirming units with excellent income & amazing character! Charming single level home has hardwood floors throughout, cozy fireplace, fenced yard, & prime walk to beach & town loca! Fifth unit is also 1 br, 1 ba, approx. 485 SF, mo. rent of $1895.00. All 1/1 units are cozy with pvt patios or shared yard area + pvt storage, off-st parking + shared laundry on site. Rent on home is low for market conditions. DRIVE BY ONLY You can't beat the income, nor the location! Located in prime & very convenient Encinitas Highlands neighborhood, this special property is only 2 blocks to downtown Encintas, one block to Enc Library and Enc, Viewpoint park/dog park, and three blocks to Moonlight & D St Beaches! All Utilities are included in rents, and rentals included extra storage space, assigned parking & common laundry room with pay washer & dryers. Cannot beat the income on this amazing property in prime location! Buyer's to satisfy themselves with present City of Enc. zoning and density regulations before presenting offer to purchase. NO showings without accepted offer & proof of funds. Fifth unit security deposit is $2095.00 (which is one of the four non-conforming units behind the single level home). Please see attachments in MLS: City of Encintas documentation regarding non-conforming units & building record from county building dept. Buyer to confirm review of all information prior to presenting contract and proof of funds. Please do not go on-site per required above.No sign on property/ drive by only. Net rent on house is $2900 as tenants are given a $150 credit for doing the landscape maintenance at the property. The house rent is approx. $800-$1000 under market rates.

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    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.whisselrealty.com/homes/98113565

    647 San Dieguito Dr Encinitas, CA 92024

    • Price: $2,100,000
    • Status: ACTIVE
    • Updated: 41 min ago
    • ID#: 190046195
    6
    Beds
    5
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,802
    SQFT
    $749
    $/SQFT
    1960
    Built
    Neighborhood:
    Encinitas
    County:
    San Diego
    Area:
    Encinitas (92024)
    Elementary School:
    Encinitas Union School District
    Middle School:
    San Dieguito High School District
    High School:
    San Dieguito High School District
    Property Description
    Once in a lifetime opportunity in Encinitas Highlands! Charming beach home + four non-confirming units with excellent income & amazing character! Charming single level home has hardwood floors throughout, cozy fireplace, fenced yard, & prime walk to beach & town loca! Fifth unit is also 1 br, 1 ba, approx. 485 SF, mo. rent of $1895.00. All 1/1 units are cozy with pvt patios or shared yard area + pvt storage, off-st parking + shared laundry on site. Rent on home is low for market conditions. DRIVE BY ONLY You can't beat the income, nor the location! Located in prime & very convenient Encinitas Highlands neighborhood, this special property is only 2 blocks to downtown Encintas, one block to Enc Library and Enc, Viewpoint park/dog park, and three blocks to Moonlight & D St Beaches! All Utilities are included in rents, and rentals included extra storage space, assigned parking & common laundry room with pay washer & dryers. Cannot beat the income on this amazing property in prime location! Buyer's to satisfy themselves with present City of Enc. zoning and density regulations before presenting offer to purchase. NO showings without accepted offer & proof of funds. Fifth unit security deposit is $2095.00 (which is one of the four non-conforming units behind the single level home). Please see attachments in MLS: City of Encintas documentation regarding non-conforming units & building record from county building dept. Buyer to confirm review of all information prior to presenting contract and proof of funds. Please do not go on-site per required above.No sign on property/ drive by only. Net rent on house is $2900 as tenants are given a $150 credit for doing the landscape maintenance at the property. The house rent is approx. $800-$1000 under market rates.
    Exterior Features

    Exterior Stucco Fencing Full Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Unit3 Exclusive Use Yard Yes Unit4 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

    Interior Features

    Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Unit3 Laundry Hook Ups Common Unit4 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 0 Units With Dryers 0 Units With Fireplaces 1 Units With Range Oven 5 Units With Refrigerators 5 Units With Washers 0

    Property Features

    Actual Cap Rate 0.01 Age Restrictions N/K Annual Expense Actual 117454 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0 Community Encinitas Complex Park N/A Cross Streets D Street Gross Rent Multiplier Actual 15 Gross Rent Multiplier Project 13 Gross Scheduled Income Actual 138975 Gross Scheduled Income Project 154575 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Other Fees 0 Other Income Actual 1 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays N/K Terms CashConventional Unit Number For Unit1 Home: 647 Unit Number For Unit2 Unit 1 A Unit Number For Unit3 Unit 2A Unit Number4 Unit 3A Unit1 Deposit 950 Unit1 Occupied Tenant Unit1 Projected Rent 4350 Unit1 Rent Actual 3050 Unit2 Deposit 1450 Unit2 Occupied Tenant Unit2 Rent Actual 1775 Unit3 Deposit 2125 Unit3 Occupied Tenant Unit3 Rent Actual 1925 Unit4 Deposit 2025 Unit4 Occupied Tenant Unit4 Rent Actual 1825 Vacation Rental By Owner No Water District San Dieguito Water District Zoning R-1:Single

    Listing provided courtesy of Pacific Sotheby's Int'l Realty. Listing information © 2019 San Diego MLS Inc. Source: SDMLS
    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 © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
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    3180 University Ave, Suite 600
    San Diego CA, 92104