Two-Bedroom Residential Income
For Sale
$189,999
3-523 N Vulcan Ave, Encinitas, CA 92024
Coastal community home with included appliances, outdoor storage, and access to a community pool.
Property Size900 SF
Price / SF$211.11
Days on Market17
Property Features for 3-523 N Vulcan Ave
General Information
Standard status
Active
Size
900 SF
Property subtype
Manufactured In Park
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Amenities
community pool
outdoor storage shed
Listing Agency:
Sean Feeney, Broker
(760) 801-6912
Listed By:
Sean Feeney · License #01117041
(760) 801-6912
Source:
Exprealty
Added: Jul 16
Changed: Jul 31
Last Checked: Jul 31 at 9:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sean Feeney, Broker
Investment Insights
Based on property information with market context.
This two-bedroom, one-bath beach home is located in an all-ages community in Encinitas. The home includes a big screen TV, toaster oven, electric stove, dishwasher, washer, dryer, and an outdoor storage shed. The property size is 900, with comfortable living space suited to full-time occupancy or use as a beachside retreat.
Located at 3-523 N Vulcan Ave, the home is just minutes from the beach and near schools, shopping, dining, and coastal attractions. Residents have access to a community pool, and a farmers market is held across the street every week.
Located at 3-523 N Vulcan Ave, the home is just minutes from the beach and near schools, shopping, dining, and coastal attractions. Residents have access to a community pool, and a farmers market is held across the street every week.
Key Highlights
- Two‑bedroom, one‑bath beach home in an all‑ages community
- Includes big screen TV, toaster oven, electric stove, dishwasher, washer, and dryer
- Outdoor storage shed included
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $31.80 |
| − Vacancy | −$1.4k | −$1.59 |
| EGI | $27.2k | $30.21 |
| − OpEx | −$12.2k | −$13.59 |
| NOI | $15.0k | $16.62 |
900 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$213.6K
$186.9K – $249.2K
NOI $14,954 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$412.4K
$360.8K – $481.1K
NOI $28,865 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,082
Businesses Nearby
Explore this area
Business Placement
Demographics for 92024, CA
51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value
Market
Properties on Market for Residential income properties in San Diego County
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Coastal community home with included appliances, outdoor storage, and access to a community pool.
Where is this residential income property located?
The property is located at 3-523 N Vulcan Ave Encinitas, CA.
What is the asking price?
The asking price for this property is $189,999.
What are key features of this property?
This property features: Two‑bedroom, one‑bath beach home in an all‑ages community; Includes big screen TV, toaster oven, electric stove, dishwasher, washer, and dryer; Outdoor storage shed included
