
273 Hillcrest Drive
CEncinitas, CA 92024
Soft Appraisal Value: $3,689,700 · 5.6% above estimate
Beds
—
Baths
—
Sqft
3,600
Year Built
1984
Days on Market
153
Property Type
Multi-Family
HOA/mo
N/A
MLS ID
NDP2601186
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Rare opportunity in the heart of Leucadia to own (7) seven units, all located on a .4-acre flat usable lot west of Interstate 5. Over 3600 total sq. feet of living space. Units consist of (1) 2-bedrooms, 2 full baths, (2) 2-bedroom 1 full bath, (3) 1-Bedroom 1 bath and (1) studio unit. There is an oversized two car garage, covered carport, onsite laundry facility, private yards, and plenty of extra storage areas. Beautiful mature landscaping surrounds this uniquely designed building (including two cottages) providing a peaceful serene setting. All units are connected to the city sewer and there are 4 separate gas meters. Three of the units have been remodeled in the past year. Hillcrest is an ideal property with endless long term or short-term upside.
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Est. Monthly Payment
$24,726
Location
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Comparable Properties
5 comps foundThis Property
$6,346
Comp Average
$6,926
1176 Quail Gardens Court
4bd / 3ba · 2,785 sqft · Single Family
$2.40M
Est. $7,819/mo
308 Leeann Ln
4bd / 2ba · 2,246 sqft · Single Family
$2.58M
Est. $7,561/mo
1157 Alexandra Lane
3bd / 2.5ba · 2,186 sqft · Single Family
$2.39M
Est. $6,843/mo
1044 Arcadia Rd
4bd / 2.5ba · 2,012 sqft · Single Family
$2.60M
Est. $6,114/mo
217 Sanford Street
3bd / 2.5ba · 1,689 sqft · Single Family
$2.60M
Est. $6,295/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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