$790,000
●
House -
Off Market
510 La Mesa Avenue
Encinitas, CA 92024
2 Beds
1 Bath
840 Ft²
$1,635,516
RealtyHop Estimate
94.94%
Since Jan 1, 2014
National-US
Primary Model
About This Property
Charming beach cottage WEST OF THE 101-great opportunity to own
close enough to walk to Stonesteps Beach to enjoy surfing in the
morning and sunsets in the evening. Located in the Seaside Gardens
community at the end of a cul-de-sac. Feels like a tropical
paradise yet you are within walking distance to local Encinitas
amenities. Nestled among homes that sell for over $1M, this
charismatic bungalow boasts a hand-laid rock drive, Mexican paver
flooring throughout and attractive touches of color and design.
Neighborhoods: Seaside Gardens Equipment: Dryer, Range/Oven,
Washer Other Fees: 0 Sewer: Septic Installed Topography: LL
Unit Size
840 Ft²
Days on Market
102 days
Land Size
0.14 acres
Price per sqft
$999
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 4 months ago (SDMLS #130054137)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 20, 2023 | Listed by Compass | $2,600,000 | |
| Listed by Compass | |||
| | |||
|
Located west of South Coast Highway 101 in the heart of coastal Encinitas, this extraordinary property presents the coveted opportunity to build a brand-new custom home in the beach-close enclave of Seaside Gardens. The enviable setting makes it easy to leave the car in the garage and enjoy Stone Steps Beach, Moonlight Beach, downtown’s countless shopping and dining attractions, a relaxing morning at Panniken Coffee & Tea, and the popular Leucadia Farmers Market. Featuring ample space for a pool and spa, the homesite extends approximately 6,092 square feet. Plans submitted to the city for approval include a Coastal Craftsman-style main house with five bedrooms and four baths in about 3,496 square feet. A 692-square-foot three-car garage is included in the plans, which also call for an ADU of nearly 310 square feet on the southwest section of the site. New-build opportunities in well-established neighborhoods this close to the beach in Encinitas are rare. Don’t let this one pass you by. The manager has listed the unit size as 840 square feet.
| |||
| Dec 24, 2013 | Sold | ||
| Sold | |||
| Sep 13, 2013 | Listed by North County Associated Brkrs | $839,000 | |
| Listed by North County Associated Brkrs | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Encinitas
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Sharon Jenkins, North County Associated Brkrs
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130054137
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130054137
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017