1353 N Vulcan Ave - Apartments FOR SALE


Encinitas, CA 92024
$6,900,000 USD
760-930-7940
1353 N Vulcan Ave, Encinitas, CA for Sale
$6,900,000 USD
Apartments - FOR SALE
1/22
null | 3.4% Cap Rate

1353 N Vulcan Ave
Encinitas, CA 92024


HIGHLIGHTS

  • High-end coastal Leucadia (Encinitas) location
  • Walk to beach, Coast Highway 101, shopping, and dining. One mile from world-renowned Alila Marea Beach Resort Encinitas
  • ADU potential through SB-1211 (Buyer to investigate)
  • All unit interiors renovated with hard flooring, new cabinets, light fixtures, appliances, counters
  • All units have patios or balconies
  • Large lot with abundant parking

OVERVIEW

1353 N Vulcan Avenue, located just 3 blocks to the beach in Coastal North San Diego is comprised of 12 units with recent interior and exterior renovations made to each unit. Rare opportunity to acquire a collection of stunning apartments in the sought-after coastal enclave of Encinitas, San Diego County. All units have been thoughtfully upgraded since 2019, including new dual pane windows, luxury vinyl flooring, maple cabinetry, modern kitchens and more. Upstairs units feature private balconies, while downstairs units offer large patios. The property is situated on an oversized nearly 17,000 SF lot with potential to add additional detached units through SB1211 (buyer to investigate). Additional amenities include a communal BBQ area, secure bike and surfboard storage, outdoor shower, and a spacious off-street parking lot. Please contact brokers for OM.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$792 USD /SF

# OF UNITS

12

PRICE/UNIT

$575,000

CAP RATE

3.4%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Coastal North County San Diego | Encinitas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

R3

APN/PARCEL ID

254-254-29

ASK ABOUT THIS PROPERTY

Peter ScepanovicColliersMore Info
760-930-7940

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Peter ScepanovicColliersMore Info
760-930-7940

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.