Pacific Crest

-Ocean Front with parking
-4.8%+ Cap on existing / 5.56% Cap on Propforma with $423k improvement budget
-Close to beach,and restaurants
-All 2 br units
-Next to a small park
-Latest 2br condo sales along bluff $2.8m
-Laundry on-site – but upside if you add W/D to units
Same Ownership 20+ years

Property Description

21 Two Bedroom Units on the bluffs in Encinitas overlooking the Swami's and Boneyards surf spots. 5-10 min stroll for most to 30+ restaurants, train depot, La Paloma theater, banks yoga studios, and churches. High end Residents and young beach vibe in this location. Newer roof, water pipes replaced in 2003, all units renovated between 2004 - 2023, some more extensive than others.