273 Hillcrest Drive Encinitas, CA ^$ 4,495,000

273 Hillcrest Drive

^$ 4,495,000

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273 Hillcrest Drive

Encinitas, CA, 92024

^$ 4,495,000

Bedrooms9 Baths8.0 Sq 3,600

Monthly Estimate*

^$ 29,875

Listed by Swell Property

273 Hillcrest Drive, Encinitas, CA 92024 - Image 1

273 Hillcrest Drive, Encinitas, CA 92024 - Image 2

273 Hillcrest Drive, Encinitas, CA 92024 - Image 3

273 Hillcrest Drive, Encinitas, CA 92024 - Image 4

273 Hillcrest Drive, Encinitas, CA 92024 - Image 5

273 Hillcrest Drive, Encinitas, CA 92024 - Image 6

273 Hillcrest Drive, Encinitas, CA 92024 - Image 7

273 Hillcrest Drive, Encinitas, CA 92024 - Image 8

273 Hillcrest Drive, Encinitas, CA 92024 - Image 9

273 Hillcrest Drive, Encinitas, CA 92024 - Image 10

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Multi-Family Home for sale in Encinitas, CA

for $4,495,000 with 9 bedrooms and 8 full baths. This 3,600 square foot home was built in 1984 on a lot size of 0.4.

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.

Multi-Family Active

Price

^$ 4,495,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.4

Year Built

1984

Town/City

Encinitas

County/Region

San Diego

MLS | Web ID

NDP2404542

Days on Market

Features

General

Sewer PublicSewer

Zoning R8

HOA 0.0

Garage Spaces 2.0

Pool Features None

Year Built 1984

Gross Income 0.0

Community Features Park

County San Diego

Net Operating Income 210651.0

Operating Expense 58553.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions Vulcan to Hillcrest

City Encinitas

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 8.0

NumberOfUnitsTotal 7

MLS Area 92024 - Encinitas

Lot Size Units Acres

Lot Size Square Feet 17424.0

Private Pool N

Waterfront Y/N N

Carport Spaces 2.0

Carport Y/N Y

Number of Units Leased 7

Listing Terms Cash Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2404542

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 19084

Taxes 0.0

Cap Rate 4.69

Exterior

Lot Features BackYard FrontYard RectangularLot Yard

Total Parking 12.0

Lot Size Area 0.4

Number of Buildings 3

Spa N

Building Area Total 3600.0

Lot Dimensions 121x145

Lot Size Acres 0.4

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls EndUnit

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features CommonArea

Entry Level 1

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 273

* Excluded Features

List By

Swell Property

Broker

(760) 822-1755

Phone

Affordability Calculator

$29,875

Per Month

Monthly Principal & Interest: $29,875
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Encinitas, CA

Average List Price ^$5,314,583

Percent of Sale Price 18%

About Encinitas, CA

61,795 Population

9% Since 2002

^$104,133 Median Income

43.79 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/25/2024	$4,495,000		Listed Price

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273 Hillcrest Drive, Encinitas, CA, 92024 is a Multi-Family Home for sale at $4,495,000 with 3,600 sqft and a lot size of 0.4. 273 Hillcrest Drive has 9 bedrooms, 8.0 baths, and was built in 1984. The property's zip code is 92024 which is in Encinitas, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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273 Hillcrest Drive

Multi-Family Home for sale in Encinitas, CA

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