$5,799,000
Active
16 Days Online
0 Beds0 Baths3,840 SQFT
Active

1631 Neptune Avenue Encinitas, CA 92024

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Welcome to 1629-1631 Neptune Ave, two remarkable turn-key ocean view homes that offer 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 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. 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 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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountySan Diego
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID NumberNDP2404242
  • Home Size Source N/A
  • Year Built1978
  • Lot Size0.1379 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 7
  • Number of Stories 2
  • Acreage 0.1379
  • Garage Spaces 3
  • Zoning R11
  • Listing Conditions Standard

Interior Features

  • Laundry Features Dryer IncludedIn ClosetIndividual RoomInsideSee Remarks
  • Fireplace No

Exterior Features

  • Spa No
  • Pool Features None
  • Lot 11-15 Units/ Acre

Community Features

  • Association Dues 0
  • Community Features GolfBikingFishingWatersports
  • Senior Community No
  • MLS Area 92024 - Encinitas

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Monthly Payment (Est.)

$30,958
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