1629 1631 Neptune Avenue
Encinitas, CA 92024
- 6 beds
- 6 baths
- 3,840 sqft
- 6,007 sqft lot
- $1,510 per sqft
- 1978 build
- – on site
Welcome to 1629-1631 Neptune Ave, two remarkable turn-key ocean view homes that offer the epitome of coastal lifestyle, combined with an excellent investment opportunity. Please dive into the 3D matter port VIRTUAL TOUR to experience the exceptional layout! Video Tour also available! 2 properties with 2 distinct APN's being sold together. Price is for both units. This unique property offers potential owners the rare chance to own a piece of the coveted ocean view lifestyle, with the added advantage of a versatile living arrangement, cashflow and equity upside. All furniture and personal property convey! Each unit is a gem in its own right, featuring a primary living space with ocean views, alongside a junior units with separate entry. The junior units can flow seamlessly with primary units or can be closed off to cater to a variety of living situations. Whether you're looking to establish a multi-generational family compound, occupy one unit while renting the others, or capitalize on both for a mix of rental income and Neptune equity appreciation, this property does it all with unmatched flexibility. The views from 1629-1631 Neptune Ave are nothing short of spectacular, offering residents a stunning panorama of the ocean's majesty. The property sits merely steps away from Grandview Beach, making it a haven for beach and ocean lovers. The bustling Neptune Avenue presents a delightful tableau of everyday coastal life that becomes a source of entertainment in itself. The avenue buzzes with an eclectic mix of people, from joggers and dog walkers to cyclists and surfers, creating a vibrant, lively atmosphere that embodies the essence of beachside community living. Each unit is exceptionally appointed, boasting high-quality finishes and furnishings throughout, and each comes with it's own washer dryer. There is a large separate laundry and storage room as well. Currently utilized as a vacation rental business, this property comes with a proven track record of profitability, with all financials ready to be presented to potential buyers, and future cash flow already booked! All personal property conveys to the new owner, and presents a truly unique, turn-key business opportunity. The level of care and attention is exceptionally rare and ensures that the transition to new ownership will be as seamless as possible, allowing you to enjoying the property and/or generate income immediately. Weather it will be you or your guests, 1629-1631 Neptune Ave offers experiences where the beauty of nature meets the comfort of luxury living. It's an invitation to wake up every day to breathtaking ocean views, to stroll mere steps to the sand, and to be a part of a vibrant community that appreciates the outdoors and all it has to offer. This property is a rare find; an amazing investment opportunity coupled with a lifestyle choice that promises endless possibilities.
Listed By CRMLS_CA / Peter Antinucci / Swell Property
Last checked:
Checking…
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Last updated May 23, 2024
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MLS# NDP2404231 —
The Building
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Year Built:1978
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Entry Level:2
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Common Walls:No Common Walls
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Faces:West
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Stories Total:2
Interior
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Levels:Multi/Split
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Entry Location:2
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Flooring:Tile
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Room Type:Family Room, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Office, Two Primaries
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Living Area Units:Square Feet
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Living Area Source:Public Records
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Fireplace:No
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Fireplace:None
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Laundry:Dryer Included, Individual Room, See Remarks, Washer Included
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Laundry:1
Room Dimensions
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Living Area:3840.00
Location
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Directions:Neptune north and park just before Grandview. Please don't park in front of neighbor's houses. Plenty of parking out front.
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Latitude:33.07531700
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Longitude:-117.30882700
The Property
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Property Type:Residential
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Subtype:Condominium
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Zoning:R-11
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Lot Features:11-15 Units/Acre, Near Public Transit, Yard
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Lot Size Area:6007.0000
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Lot Size Dimensions:6007
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Lot Size Acres:0.1379
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Lot Size SqFt:6007.00
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Lot Size Source:Public Records
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View:1
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View:Ocean
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Fence:No
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Sprinklers:No
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Additional Parcels:Yes
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Additional Parcels Description:2540220202
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:19258
Beds
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Total Bedrooms:6
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Main Level Bedrooms:3
Baths
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Total Baths:6
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Full & Three Quarter Baths:6
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Main Level Baths:3
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Full Baths:6
The Listing
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Buyer's Brokerage Compensation:2.500%
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Special Listing Conditions:Standard
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Buyer's Brokerage Compensation:$2.50
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Parcel Number:2540220201
Heating & Cooling
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Cooling:Yes
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Cooling:Zoned
Appliances
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Included:No
Schools
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High School District:San Dieguito Union
The Community
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Senior Community:No
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Features:Golf, Biking, Fishing, Watersports
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Pool:None
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Private Pool:No
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Inclusions:Property comes completely furnished and all personal property conveys including 3 BBQ's, pizza oven, bicycles, surfboards, decorations, down to the sheets, pillows and stocked kitchen etc.
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Association Amenities:Other
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Association:Ocean Song
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Association:Yes
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Assessments:Yes
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Assessments:Unknown
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Units in the Community:2
Parking
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Parking:Yes
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Parking:Garage
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Parking Spaces:7.00
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Attached Garage:Yes
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Garage Spaces:3.00
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Uncovered Spaces:4.00
Monthly cost estimate
Asking price
$5,799,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$31,051
|
Taxes | N/A |
Insurance | $1,594 |
Utilities | $273 See report |
Total | $32,918/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/16/24
May 16, 2024
|
Listed / Active | CRMLS_CA | $5,799,000 |