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1405 N Vulcan Ave, Leucadia, CA 92024
$4,460,000
1405 N Vulcan Ave, Leucadia, CA 92024View this property at 1405 N Vulcan Ave, Leucadia, CA 92024
1405 N Vulcan AveLeucadiaCA92024
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Property Description
One-of-a-kind North County Coastal apartment investment opportunity with over $400,000 spent in recent renovations (in 2023). Nestled in the coveted neighborhood of Leucadia in the north county coastal area of San Diego County. Presenting 1405 N Vulcan Avenue, a meticulously crafted property boasting six fully renovated townhomes, each offering two bedrooms and two bathrooms with exterior private back patios. Each unit also includes an individual garage and one off-street parking space. Situated on an expansive lot exceeding 13,000 square feet, this property embodies both luxury and potential. The strategic location of 1405 N Vulcan Avenue adds to its allure. A mere stone's throw away from the beach, residents can enjoy the quintessential coastal lifestyle with ease. Moreover, the property is within walking distance to a plethora of shopping outlets, restaurants, nightlife venues, and recreational activities, ensuring that tenants have everything they need right at their doorstep. The property's rental income is robust, yet there remains significant upside potential for further growth. Additionally, prospective owners can explore the possibility of additional dwelling unit (ADU) conversions, as evidenced by a feasibility study conducted by current ownership. In summary, 1405 N Vulcan Avenue presents a rare opportunity to acquire a meticulously upgraded asset in an enviable coastal location. With its strong unit mix, large floorplans, and development potential, this property is poised to deliver both immediate returns and long-term value appreciation.
Full Property Details
Full Property Details for 1405 N Vulcan Ave
General
- Sold For: $4,460,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 240006568
- Added to Site: 74 day(s) ago
Parking
- Garage Spaces: 6
Location
- Area: ENCINITAS (92024)
- County: San Diego
Unit Information
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by The Browar Group
Sold by Compass
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Schools
Schools serving 1405 N Vulcan Ave
School Districts:Encinitas Union Elementary School District, San Dieguito Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
185 Union St, Encinitas, CA 92024 | K-6 | 1.1 mi | |
2150 Village Park Way, Encinitas, CA 92024 | 7-8 | 3.7 mi | |
1 Maverick Way, Carlsbad, CA 92009 | 9-12 | 4.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1405 N Vulcan Ave
Date
Details
Price
Change
Source
5/10/2024
Sold
$4,460,000
-6.11%
MLS
3/28/2024
Listed
$4,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1405 N Vulcan Ave, Leucadia, CA 92024 (MLS# 240006568) is a Multi-Family property that was sold at $4,460,000 on May 10, 2024. Want to learn more about 1405 N Vulcan Ave? Do you have questions about finding other Multi-Family real estate for sale in Leucadia? You can browse all Leucadia real estate or contact a Coldwell Banker agent to request more information.