1629-1631 Neptune Ave | Encinitas, CA 92024
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- LoopNet Team
1629-1631 Neptune Ave
Encinitas, CA 92024
Grandview Luxury Lofts · Multifamily Property For Sale
·
2 Units
INVESTMENT HIGHLIGHTS
- Ocean view duplex (stacked) on one large, quiet lot just 1 block to Grandview Beach.
- Each condo (up/down) has 2 kitchens, 2 private entrances, and a lockout door that can separate them into two units each (front/back).
- 2017 remodel with soundproofing, quality appliances, A/C, network, landscape, hardscape, and much more.
- Complex has 5-year history operating as 4 rentable units (3 short term, 1 long term) at 4.4% Cap Rate.
- 3840 SF of total living space plus large private back yard with outdoor room & kitchen.
- Parking - 3 enclosed garages + 5 off-street parking spots – perfect for extended family, visitors, or tenants.
PROPERTY FACTS
| No. Units | 2 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 3,840 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built/Renovated | 1978/2017 |
| Building Class | C | Parking Ratio | 2.08/1,000 SF |
| Zoning | R11-Multifamily - Multi-Units | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,840 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1978/2017 |
| Parking Ratio | 2.08/1,000 SF |
| Zoning | R11-Multifamily - Multi-Units |
AMENITIES
UNIT AMENITIES
- Balcony
SITE AMENITIES
- Waterfront
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 1 | - | 1,920 |
| 4+3 | 1 | - | 1,920 |
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