$1,925,000
●
Land -
Off Market
Fulvia Lot 2
Encinitas, CA 92024
Studio
0 Bath
$9,811
Est. Monthly
About This Property
In Coastal Encinitas, this private Leucadia lot sits West of the 5
freeway with ocean views. This ideal location is just a 1/2 mile to
the sand at Beacons beach, and a short distance to 101 eateries and
shops! Great opportunity to build with the architectural plans
already completed or make custom changes to your liking. Renderings
show a sophisticated single story with over a 3300 sq.ft. main
residence plus a detached ADU approx 534 sq.ft., all perfectly
situated on over a 16,000 sq.ft. lot designed to capture the
fabulous ocean views to the North & Southwest, including a large
rooftop deck. No HOA and no Mello-Roos. Great lot ready for
development or your fabulous, beach house dream. The front lot on
Fulvia St. is also available for purchase together or separately.
Construction financing is available....
Unit Size
-
Days on Market
330 days
Land Size
0.37 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
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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: 2 years ago (CRMLS #NDP2400506)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 18, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $1,998,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Jan 11, 2023 | Listed by Coastal Premier Properties | $1,998,000 | |
| Listed by Coastal Premier Properties | |||
Property Highlights
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Closing Price
Sold On
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HOA + Taxes
About Encinitas
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Listed by: Amy Green, Coastal Premier Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2400506
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2400506
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