699 Vulcan Ave Spc 133
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699 Vulcan Ave Spc 133

A

Encinitas, CA 92024

$99,900
NEW — 2d

Soft Appraisal Value: $226,300 · 55.9% below estimate

Beds

2

Baths

2

Sqft

810

Year Built

1962

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2604637

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

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About This Property

Experience a remarkable opportunity in Riviera Mobile Home Park - a beautifully maintained 2-bedroom, 2-bath Craftsman bungalow situated on a highly desirable DOUBLE lot in the heart of Leucadia. Surrounded by mature landscaping, this home offers a sense of privacy and outdoor space rarely found within the community. Inside, the light-filled interior features a functional layout with a bonus office/art/yoga space off the primary bedroom. Enjoy indoor-outdoor living with a covered patio overlooking one of the park’s few private yards - perfect for morning coffee or relaxing evenings outdoors. Additional highlights include two-car parking and an attached storage shed for added convenience. Ideally located near beaches, restaurants, Downtown Encinitas, and easy I-5 access, residents also enjoy community amenities including a pool, clubhouse, game room, and laundry facilities. Located within the highly rated Encinitas Union and San Dieguito Union High School Districts, this all-ages community offers exceptional coastal living with no HOA and no traditional property taxes. A fantastic opportunity for the "Coastal Zen" buyer who wants the Encinitas lifestyle without the $2M+ price tag of a traditional  home. Owner occupancy is required; rentals are not permitted. Current space rent is $2,950/month.

Mortgage Calculator

Est. Monthly Payment

$634

Principal & Interest$505
Property Tax$100
Insurance$29
%($19,980)
%

Location

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Comparable Properties

1 comp found

This Property

$1,200

vs

Comp Average

$1,200

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

100A
Est. Monthly Rent
$1,200
Monthly Cashflow

Rent − PITIA

+$566
Full Cashflow

Incl. vacancy, PM, maint, capex

+$207

Mortgage (P+I)
$505
Cap Rate
8.55%
Cash-on-Cash
12.41%
DSCR
1.89
Break-even Rent
$932

NOI (Annual)
$8,542
Price-to-Rent

Lower = better for investors

6.9

* 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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