951 N Vulcan Ave, Encinitas, CA 92024
Privately situated on a parallel street to Highway 101, this 8 unit property offers an unbeatable location!
Less than 2 blocks to Beacon's Beach, moments to all the restaurants of Highway 101 as well as shopping, great walkability! Significant remodel done a few years ago (over 275k in upgrades!) newly paved driveway, all new kitchens, newer washer/dryer for on-site tenants and plenty of on-site parking which is rare to find by the coast! Plenty of parking for all tenants. Macadamia nut tree and tangerine. New decking, gutters, and fresh landscaping. Hot water tank approx 2 years old.The property is 100% tenant-occupied with long-term tenants. All tenants to date have paid their rent on time. Current rents are below average market rent. The potential rental income is higher. Current monthly rent total $15,730. Permit unknown for 9th unit studio. Please contact us for additional information.