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    25-27 Briggs Ave

    Encinitas, CA 92024
    • $1,779,000
    • STATUS: ACTIVE
    • ON SITE: 68 days
    • ID#: 200038838
    $1,779,000
    • 3
      BEDS
    • 0.1
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,780
      SQFT
    • $999
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1990
    County:

    School Ratings & Info

    Description

    Opportunity knocks! Turn key duplex short walk to downtown Encinitas. 2/1 with stunning kitchen, open living room, ext. shower and bonus storage room. Separate entrance leads to adorable 1bd/1ba cottage w/ private yard, kitchen w/ island and sub zero fridge. Spacious bedroom w/ closet and bath with custom tile. Both units have mini split A/C, full size laundry and 2 off street parking spaces. Extensive plans/design to expand existing structure with 2nd story and large ocean view deck or build your dream!

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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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/108825479
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    25-27 Briggs Ave Encinitas, CA 92024

    • Price: $1,779,000
    • Status: ACTIVE
    • ID#: 200038838
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.1
    Acres
    1,780
    SQFT
    $999
    $/SQFT
    1990
    Built
    Neighborhood:
    Encinitas
    County:
    San Diego
    Area:
    Encinitas (92024)
    Property Description
    Opportunity knocks! Turn key duplex short walk to downtown Encinitas. 2/1 with stunning kitchen, open living room, ext. shower and bonus storage room. Separate entrance leads to adorable 1bd/1ba cottage w/ private yard, kitchen w/ island and sub zero fridge. Spacious bedroom w/ closet and bath with custom tile. Both units have mini split A/C, full size laundry and 2 off street parking spaces. Extensive plans/design to expand existing structure with 2nd story and large ocean view deck or build your dream!
    Exterior Features

    Exterior StoneStuccoWood Fencing FullGate Irrigation AutomaticSprinklers Parking Garage Spaces Unit1 0 Parking Garage Spaces Unit2 0 Parking Non Garage Desc Unit1 Uncovered Parking Non Garage Desc Unit2 Uncovered Roof Rolled/Hot Mop Site West Of I-5 Topography Slope Gentle Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

    Interior Features

    Cooling Central Forced Air Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment Forced Air Unit Heat Source Natural Gas Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 2 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2 Water Heater Type Gas

    Property Features

    Actual Cap Rate 3.0 Age Restrictions N/K Annual Expense Actual 2500 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Encinitas Complex Park Encinitas Cross Streets S. Vulcan Ave. Gross Rent Multiplier Actual 32.5 Gross Rent Multiplier Project 27.0 Gross Scheduled Income Actual 60000 Gross Scheduled Income Project 72000 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Net Operating Income Projected 70000 Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Projected Cap Rate 3.7 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays ElectricityGas/PropaneTrashWater Terms CashConventional Unit Number For Unit1 25 Unit Number For Unit2 27 Unit1 Deposit 3500 Unit1 Occupied Tenant Unit1 Rent Actual 3500.0 Unit2 Deposit 1500 Unit2 Occupied Tenant Unit2 Projected Rent 2500.0 Unit2 Rent Actual 1500.0 Water Meter On Property Zoning R-2:Minor

    Listing provided courtesy of Trinity Homes & Investments. Listing information © 2020 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 © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101