$5,337,500
●
House -
Off Market
1042 Hymettus Avenue
Encinitas, CA 92024
3 Beds
3 Baths
3,336 Ft²
$21,605
Est. Monthly
About This Property
Located on the coveted west side of Hymettus in Leucadia, this rare
west-facing 0.69-acre ocean view property captures views from
nearly every room. The home offers 3 bedrooms, 3 full baths, plus
office and bonus space, approx. 3,336 sq ft, and two spacious view
decks with sit-down ocean views from both levels-ready to enjoy,
update, or reimagine. Oversized ocean view parcels like this
are rarely available in Leucadia. With approx. 100' frontage, the
property offers potential for a custom estate, ADU,
multi-generational compound, or lot split while retaining the
existing home. Minutes to beaches, dining, and top-rated
schools. Properties like this are held for generations-rare
opportunity in coastal Leucadia.
Unit Size
3,336 Ft²
Days on Market
43 days
Land Size
0.69 acres
Price per sqft
$1,319
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1937
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (SDMLS #NDP2604058)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 3, 2026 | Listed by Coldwell Banker Realty | $4,400,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Garage
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Encinitas
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Listed by: Stacy Gardner, Coldwell Banker Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NDP2604058
Last Updated: 5 months ago
Data Source: CRMLS, MLS# NDP2604058
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