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1629 1631 Neptune Avenue

Encinitas, CA 92024
  • $5,799,000
  • STATUS: Active
  • ON SITE: 117 Days
  • ID#: NDP2404231
UPDATED: 53 min ago
$5,799,000
  • 6
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,840
    SQFT
  • $1,510
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1978
County:

School Ratings & Info

School District:
Listing Agent(s): Peter Antinucci of Swell Property (760-452-2345) and Stephen Scola of The Scola Company(858-254-4819)


Description

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. 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 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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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-11T12:30:57.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.
www.pushpa4homes.com/homes/150603778
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1629 1631 Neptune Avenue Encinitas, CA 92024

  • Price: $5,799,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 53 min ago
  • ID#: NDP2404231
6
Beds
6
Baths
0
½ Baths
0.14
Acres
3,840
SQFT
$1,510
$/SQFT
1978
Built
Neighborhood:
92024 - Encinitas
County:
San Diego
Area:
92024 - Encinitas
School District:
San Dieguito Union
Property Description
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. 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 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.
Exterior Features

Attached Garage YN Yes Direction Faces West Entry Level 2 Entry Location 2 Lot Features 11-15 Units/AcreNear Public TransitYard Open Parking Spaces 4 Parking Features Garage Parking Total 7 Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes Spa YN No View Ocean View YN Yes

Interior Features

Appliances DryerWasher Common Walls No Common Walls Cooling Zoned Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating YN No Interior Features Bedroom on Main LevelLoftMain Level PrimaryMultiple Primary Suites Main Level Bathrooms 3 Main Level Bedrooms 3

Property Features

Additional Parcels YN Yes Association Amenities Other Association Fee 0 Association YN Yes Community Features BikingFishingGolfWater Sports Garage YN Yes Inclusions Property comes completely furnished and all personal property conveys including 3 BBQ'spizza ovenbicyclessurfboardsdecorationsdown to the sheetspillows and stocked kitchen etc. Land Lease YN No Laundry Features Laundry RoomSee Remarks Lease Considered YN No Levels Multi/Split Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Number Of Units In Community 2 Property Sub Type Condominium Senior Community YN No Special Listing Conditions Standard Zoning R-11



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-11T12:30:57.39. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.
 
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Pushpa Nagaraj Team | Compass
680 E. Colorado Blvd, Suite 400
Pasadena CA, 91101
Listing Agent(s): Peter Antinucci of Swell Property (760-452-2345) and Stephen Scola of The Scola Company(858-254-4819)