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1153 Aloha Drive

Encinitas, CA 92024
  • $2,357,000
  • STATUS: ACTIVE
  • ON SITE: 74 Days
  • ID#: NDP2300070
Price Reduced
UPDATED: 55 min ago
$2,357,000
  • 4
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Amazing opportunity to own 2 separate 2bd* homes on one large lot. Excellent investment, multi-gen opportunity, or owner occupy with option rent 1 or both for $$$. Both have private yards and parking++. *The back house is larger and has an optional 3rd ensuite bedroom which can also be a separate, self contained studio. Savvy House hackers could live here and have a majority of their payment made by Tenants. Turnkey property, furnished vac rental in front, with 6+ months rental history. Long Term Tenant prospect is ready to move in either unit now!! Fully updated rear house: Luxury Vinyl large-plank flooring, new lighting, baths and kitchen, open concept all new appliances incl. Fenced and newly updated, low maintenance yards with Art Turf and patios for all 3 areas. Walk to Pickle Ball, and all schools (Elem, Mid and High). 1.25 mi to Swami's rail underpass with access to town n da beach. Drive from I-5 to home in 3 minutes. Coastal breezes. Build up for an Ocean view, or expand the current foot prints, and/or add a new ADU (check with City). Seller will rent guarantee, or sign Master lease at $10,000/ mo, for first year if requested. 1153 @ $3,800; 1155 @ $4,200; Studio @ $2,000 Amazing opportunity to own 2 separate 2bd* homes on one large lot. Excellent investment, multi-gen opportunity, or owner occupy with option rent 1 or both for $$$. Both have private yards and parking++. *The back house is larger and has an optional 3rd ensuite bedroom which can also be a separate, self contained studio. Savvy House hackers could live here and have a majority of their payment made by Tenants. Turnkey property, furnished vac rental in front, with 6+ months rental history. Long Term Tenant prospect is ready to move in either unit now!! Fully updated rear house: Luxury Vinyl large-plank flooring, new lighting, baths and kitchen, open concept all new appliances incl. Fenced and newly updated, low maintenance yards with Art Turf and patios for all 3 areas. Walk to Pickle Ball, and all schools (Elem, Mid and High). 1.25 mi to Swami's rail underpass with access to town n da beach. Drive from I-5 to home in 3 minutes. Coastal breezes. Build up for an Ocean view, or expand the current foot prints, and/or add a new ADU (check with City). Seller will rent guarantee, or sign Master lease at $10,000/ mo, for first year if requested. 1153 @ $3,800; 1155 @ $4,200; Studio @ $2,000

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/135737655
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1153 Aloha Drive Encinitas, CA 92024

  • Price: $2,357,000
  • Status: ACTIVE
  • On Site: 74 Days
  • Updated: 55 min ago
  • ID#: NDP2300070
4
Beds
0
Baths
0
½ Baths
0.21
Acres
Neighborhood:
Old Encinitas
County:
San Diego
Area:
Encinitas (92024)
Property Description
Amazing opportunity to own 2 separate 2bd* homes on one large lot. Excellent investment, multi-gen opportunity, or owner occupy with option rent 1 or both for $$$. Both have private yards and parking++. *The back house is larger and has an optional 3rd ensuite bedroom which can also be a separate, self contained studio. Savvy House hackers could live here and have a majority of their payment made by Tenants. Turnkey property, furnished vac rental in front, with 6+ months rental history. Long Term Tenant prospect is ready to move in either unit now!! Fully updated rear house: Luxury Vinyl large-plank flooring, new lighting, baths and kitchen, open concept all new appliances incl. Fenced and newly updated, low maintenance yards with Art Turf and patios for all 3 areas. Walk to Pickle Ball, and all schools (Elem, Mid and High). 1.25 mi to Swami's rail underpass with access to town n da beach. Drive from I-5 to home in 3 minutes. Coastal breezes. Build up for an Ocean view, or expand the current foot prints, and/or add a new ADU (check with City). Seller will rent guarantee, or sign Master lease at $10,000/ mo, for first year if requested. 1153 @ $3,800; 1155 @ $4,200; Studio @ $2,000 Amazing opportunity to own 2 separate 2bd* homes on one large lot. Excellent investment, multi-gen opportunity, or owner occupy with option rent 1 or both for $$$. Both have private yards and parking++. *The back house is larger and has an optional 3rd ensuite bedroom which can also be a separate, self contained studio. Savvy House hackers could live here and have a majority of their payment made by Tenants. Turnkey property, furnished vac rental in front, with 6+ months rental history. Long Term Tenant prospect is ready to move in either unit now!! Fully updated rear house: Luxury Vinyl large-plank flooring, new lighting, baths and kitchen, open concept all new appliances incl. Fenced and newly updated, low maintenance yards with Art Turf and patios for all 3 areas. Walk to Pickle Ball, and all schools (Elem, Mid and High). 1.25 mi to Swami's rail underpass with access to town n da beach. Drive from I-5 to home in 3 minutes. Coastal breezes. Build up for an Ocean view, or expand the current foot prints, and/or add a new ADU (check with City). Seller will rent guarantee, or sign Master lease at $10,000/ mo, for first year if requested. 1153 @ $3,800; 1155 @ $4,200; Studio @ $2,000
Exterior Features

Fencing Cross Fencing Irrigation Drip Lot Dimensions Approx 64' X 146' Pool N/K Topography Level Units With Patios 3

Interior Features

Cooling N/K Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Units With Range Oven 2 Units With Refrigerators 3 Units With Washers 1 Water Heater Type Gas

Property Features

Actual Cap Rate 4.0 Annual Expense Actual 43013 Assessments Yes/Remarks Buildings 2 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 142200 Home Owners Fees 0.0 Terms CashConventionalExchangeSeller May Carry Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 5250.0 Unit2 Rent Actual 4200.0 Unit3 Rent Actual 2400.0

San Diego MLS logo Listing provided courtesy of Professional Realty Services: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128