
250 Hillcrest Drive
DEncinitas, CA 92024
Soft Appraisal Value: $5,178,600 · 3.3% above estimate
Beds
—
Baths
—
Sqft
5,104
Year Built
2026
Days on Market
127
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
NDP2600437
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Turnkey and brand new, this five-unit complex is located in the heart of Leucadia and construction was completed in January 2026. The complex includes two matching 2-bedroom, 2.5-bathroom units that were completely remodeled from the original structure. These homes feature large enclosed backyards, mature vegetation, and abundant natural light from the upstairs bedrooms. There are also two matching 2-bedroom, 2-bathroom units built as ground-up new construction. Each offers a private yard, tall vaulted ceilings, and upstairs patios. The final unit is a spacious 1-bedroom, 1-bathroom residence located on the ground level with no steps, providing easy access and the same high-quality amenities found in the other floor plans. All units have their own designated laundry, utilities, and parking. Income potential in this area is exceptional, with two of the units eligible for legal vacation rentals. Do not miss out on this rare gem so close to the beach, shops, fitness studios, and community centers which is desired by everyone in this amazing beach town.
Mortgage Calculator
Est. Monthly Payment
$33,963
Location
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Comparable Properties
5 comps foundThis Property
$7,388
Comp Average
$7,536
767 Hymettus Avenue
4bd / 3ba · 2,869 sqft · Single Family
$3.25M
Est. $7,185/mo
809 Dolphin Circle
4bd / 3.5ba · 3,911 sqft · Single Family
$3.29M
Est. $8,214/mo
752 Bracero Road
3bd / 3.5ba · 1,846 sqft · Single Family
$3.40M
Est. $6,486/mo
365 Shore View Lane
3bd / 2.5ba · 2,881 sqft · Single Family
$3.40M
Est. $7,637/mo
1938 Sheridan Road
4bd / 3.5ba · 3,236 sqft · Single Family
$3.50M
Est. $8,158/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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