1629 1631 Neptune Avenue Encinitas, CA $ 5,799,000
1629 1631 Neptune Avenue
$ 5,799,000
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1629 1631 Neptune Avenue

Encinitas, CA, 92024
$ 5,799,000
Bedrooms6 Baths6.0 Sq 3,840

Monthly Estimate*

$ 38,542

Listed by Swell Property
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Multi-Family Home for sale in Encinitas, CA

for $5,799,000 with 6 bedrooms and 6 full baths. This 3,840 square foot home was built in 1978 on a lot size of 0.1379.

Welcome to 1629-1631 Neptune Ave, a remarkable turn-key ocean view duplex that offers the epitome of coastal lifestyle, combined with an excellent investment opportunity. Please dive into the 3D matter port VIRTUAL TOUR to experience the exceptional layout! Video Tour also available! 2 properties with 2 distinct APN's being sold together. Price is for both units. This unique property offers potential owners the rare chance to own a piece of the coveted ocean view lifestyle, with the added advantage of a versatile living arrangement, cashflow and equity upside. All furniture and personal property convey! Each unit in the duplex is a gem in its own right, featuring a primary living space with ocean views, alongside a junior units with separate entry. The junior units can flow seamlessly with primary units or can be closed off to cater to a variety of living situations. Whether you're looking to establish a multi-generational family compound, occupy one unit while renting the others, or capitalize on both for a mix of rental income and Neptune equity appreciation, this property does it all with unmatched flexibility. The views from 1629-1631 Neptune Ave are nothing short of spectacular, offering residents a stunning panorama of the ocean's majesty. The property sits merely steps away from Grandview Beach, making it a haven for beach and ocean lovers. The bustling Neptune Avenue presents a delightful tableau of everyday coastal life that becomes a source of entertainment in itself. The avenue buzzes with an eclectic mix of people, from joggers and dog walkers to cyclists and surfers, creating a vibrant, lively atmosphere that embodies the essence of beachside community living. Each unit in the duplex is exceptionally appointed, boasting high-quality finishes and furnishings throughout, and each comes with it's own washer dryer. There is a large separate laundry and storage room as well. Currently utilized as a vacation rental business, this property comes with a proven track record of profitability, with all financials ready to be presented to potential buyers, and future cash flow already booked! All personal property conveys to the new owner, and presents a truly unique, turn-key business opportunity. The level of care and attention is exceptionally rare and ensures that the transition to new ownership will be as seamless as possible, allowing you to enjoying the property and/or generate income immediately. Weather it will be you or your guests, 1629-1631 Neptune Ave offers experiences where the beauty of nature meets the comfort of luxury living. It's an invitation to wake up every day to breathtaking ocean views, to stroll mere steps to the sand, and to be a part of a vibrant community that appreciates the outdoors and all it has to offer. This property is a rare find; an amazing investment opportunity coupled with a lifestyle choice that promises endless possibilities.

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Multi-Family Active

Price

$ 5,799,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.1379

Year Built

1978

Town/City

Encinitas

County/Region

San Diego

MLS | Web ID

NDP2404221

Days on Market

17

Features
General
Interior Features BedroomonMainLevel Loft MainLevelPrimary MultiplePrimarySuites
Cooling Zoned
Appliances Dryer Washer
Zoning R-11
HOA 0.0
Garage Spaces 3.0
Pool Features None
Year Built 1978
View Ocean
Levels MultiSplit
Property SubType Duplex
Community Features Biking Fishing Golf WaterSports
Additional Parcels Description 2540220202
County San Diego
New Construction N
Property Type Residential
Association Amenities Other
HOA / Comm Assn Y
Attached Garage Y
Facing Direction West
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Neptune north and park just before Grandview. Please don't park in front of neighbor's houses. Plenty of parking out front.
City Encinitas
Association Name Ocean Song
Entry Location 2
View Y/N Y
Senior Community Y/N N
High School District San Dieguito Union
Open Parking Spaces 4.0
MLS Area 92024 - Encinitas
Lot Size Units SquareFeet
Lot Size Square Feet 6007.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Neptune
Listing Terms Cash Conventional
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://my.matterport.com/show/?m=dmDHxHj1rHB https://www.dropbox.com/scl/fi/ub18dw6im13fywmha8hns/1629-Neptune-Ave-Encinitas-CA-Video-Tour.mp4?rlkey=2cnspsoxnnoxbehda3ylvns5i&raw=1
Days on Market 0
Living Area Units SquareFeet
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Duplex
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Interior
Flooring Tile
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Full Baths 6
Street Suffix Avenue
Laundry Features LaundryRoom SeeRemarks
Total Bedrooms 6
Entry Level 2
Electric On Property Y/N N
Main Level Bedrooms 3
Main Level Bathrooms 3
Total Baths 6
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Exterior
Parking Features Garage
Lot Features Item1115UnitsAcre NearPublicTransit Yard
Total Parking 7.0
Inclusions Home comes completely furnished and all personal property conveys including 3 BBQ's pizza oven bicycles surfboards decorations down to the sheets pillows and stocked kitchen etc.
Lot Size Area 6007.0
Spa N
Lot Dimensions 6007
Lot Size Acres 0.1379
Lot Size Source PublicRecords
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1629
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* Excluded Features
List By
Swell Property

Broker

(619) 917-3433

Phone

Affordability Calculator

$38,542
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,542
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1839544 Elementary School
1839811 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$5,799,000 Listed Price

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1629 1631 Neptune Avenue, Encinitas, CA, 92024 is a Multi-Family Home for sale at $5,799,000 with 3,840 sqft and a lot size of 0.1379. 1629 1631 Neptune Avenue has 6 bedrooms, 6.0 baths, and was built in 1978. The property's zip code is 92024 which is in Encinitas, CA