Properties
Encinitas, CA 92024 273 Hillcrest Drive
$3,895,000
5 more
Presented By: David Miller with Swell Property;
Baths • 1
SQFT • 3,600
Garage • 2
Home Details
Rare opportunity in the heart of Leucadia to own (7) seven units, all located on a .4-acre flat usable lot west of Interstate 5. Over 3600 total sq. feet of living space. Units consist of (1) 2-bedrooms, 2 full baths, (2) 2-bedroom 1 full bath, (3) 1-Bedroom 1 bath and (1) studio unit. There is an oversized two car garage, covered carport, onsite laundry facility, private yards, and plenty of extra storage areas. Beautiful mature landscaping surrounds this uniquely designed building (including two cottages) providing a peaceful serene setting. All units are connected to the city sewer and there are 4 separate gas meters. Three of the units have been remodeled in the past year. Hillcrest is an ideal property with endless long term or short-term upside.
Presented By: David Miller with Swell Property;
Interior Features for 273 Hillcrest Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Common Walls2+ Common Walls, End Unit
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 273 Hillcrest Drive
Building Area UnitsSquare Feet
Cap Rate4.69
Carport Spaces2
Carport Y/NYes
CityEncinitas
Community FeaturesPark
CountySan Diego
DirectionsVulcan to Hillcrest
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces2
Garage Y/NYes
Gross Income
HOANo
HOA Fee$
Insurance Expense
Land Lease Y/NNo
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet17424
Lot Size UnitsAcres
MLS Area92024 - Encinitas
Net Operating Income210651
New ConstructionNo
Number Of Units Total7
Number of Units Leased7
Open Parking Spaces8
Operating Expense58553
Pool FeaturesNone
PostalCityENCINITAS
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot19084
Taxes$0
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1984
Year Built SourceAssessor
ZoningR8
Exterior for 273 Hillcrest Drive
Building Area Total3600
Lot Dimensions121x145
Lot FeaturesBack Yard, Front Yard, Rectangular Lot, Yard
Lot Size Acres0.4
Lot Size Area0.4
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking12
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
