251 Glaucus Street #A
DEncinitas, CA 92024
Beds
—
Baths
—
Sqft
3,130
Year Built
1986
Days on Market
30
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
NDP2602013
Description
Wonderful 3 unit property in the heart of beautiful Leucadia. All units are turnkey and fully occupied. Property consists of a duplex with unit A being a large 3 bedroom, 2 bath home with a large loft at 1830 square feet, and private lawn front yard. Unit B is a 2 bedroom, 1 1/2 bath home at 900 square feet and private backyard area. Detached above the storage garage is unit C, a 400 square foot studio. The garage has been converted and divided into 3 separate storage units that each of the 3 units have their own storage. Each unit has their own laundry room. Unit C studio laundry downstairs in their storage garage. The main house just had an all new roof installed. Great location. Just a moments walk to Highway 101 and all the shops and restaurants in the area. In the 5 years of current ownership the only vacancies have been a few days during a turnover. Always rented and easy to find great tenants. Landlord pays utilities, and tenants pay a flat monthly amount for average utility costs.
Mortgage Calculator
Est. Monthly Payment
$17,108
Comparable Properties
5 comps foundThis Property
$6,333
Comp Average
$5,901
1990 Avenida La Posta
4bd / 3ba · 2,355 sqft · Single Family
$1.79M
Est. $6,977/mo
3192 Via De Caballo
3bd / 3ba · 1,898 sqft · Single Family
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Est. $6,389/mo
1460 Orpheus Avenue
4bd / 2ba · 2,076 sqft · Single Family
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Est. $6,738/mo
1819 Milbank Rd.
2bd / 2ba · 1,347 sqft · Townhouse
$1.70M
Est. $5,488/mo
940 Hermes Avenue
2bd / 1ba · 1,050 sqft · Single Family
$1.80M
Est. $3,915/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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