523 Vulcan Avenue
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523 Vulcan Avenue #SPC 24A

A

Encinitas, CA 92024

$179,000
NEW — 2d

Beds

1

Baths

1

Sqft

179

Year Built

2023

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

PTP2602029

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Welcome to the heart of one of Encinitas' most beloved neighborhoods! This charming tiny home places you right in the middle of the Leucadia lifestyle — just a short stroll to Stonesteps Beach, with the shops, restaurants, and cafés lining Hwy 101 right at your fingertips. On Sunday mornings, simply step next door to the iconic Leucadia Farmers Market. Don't let the size fool you, this thoughtfully upgraded home makes brilliant use of every square foot, offering a smart, efficient layout with stylish finishes throughout. Enjoy your own private outdoor space. The community adds even more value with a pool, on-site laundry facilities, community garden, and fire pit area. Land lease of $1,500/month. Rentals not permitted. All applicants must be approved by Sea Aire

Mortgage Calculator

Est. Monthly Payment

$1,136

Principal & Interest$905
Property Tax$179
Insurance$52
%($35,800)
%

Location

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Investment Score

84A
Est. Monthly Rent
$1,200
Monthly Cashflow

Rent − PITIA

+$64
Full Cashflow

Incl. vacancy, PM, maint, capex

$-361

Mortgage (P+I)
$905
Cap Rate
3.65%
Cash-on-Cash
-12.11%
DSCR

Need ≥ 1.25 for DSCR loan

1.06
Break-even Rent
$1,669

NOI (Annual)
$6,526
Price-to-Rent

Lower = better for investors

12.4

* 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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