251 E Glaucus Street, Encinitas, California 92024, Encinitas, 92024 - 0 bed, 0 bath
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Encinitas, California 92024
This Turnkey Coastal Triplex represents a premier residential asset, listed at $2,695,000—aligning precisely with its $2,694,815 Fair Market Value. Featuring a Condition Rating of 3, the property offers a renovated 3-bedroom main home, a 2-bedroom unit, and a detached studio, all equipped with private decks and patios. Located in the heart of Leucadia near top-tier schools like the 10/10 rated Pacific Trails Middle, this property ensures long-term stability and high rental demand. It is a perfect match for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 251 E Glaucus Street Subject | $2,695,000* List Price | 0 | 0 | 3,130 | $861 | - |
A 166 168 Coop Court Sold | $2,500,000 | 0 | 0 | 3,102 | $806 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986, this triplex is in turnkey condition with significant updates throughout. The units feature modern kitchens with stainless steel appliances, updated flooring, and renovated bathrooms. A new roof was recently installed on the main house, and the overall aesthetic reflects extensive maintenance and periodic renovations within the last 5-15 years, making it move-in ready with no immediate repairs needed.
Middle School: Pacific Trails Middle (10/10).
Situated in the heart of Leucadia, the property is just a short walk from Highway 101, offering immediate access to popular shops, restaurants, and the beach lifestyle.
The property boasts a high occupancy rate with minimal historical vacancy, providing a reliable and turnkey income stream for investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6027.
The original garage has been converted into storage units, leaving the property without traditional covered parking spaces for vehicles.
The landlord pays all utilities and collects a flat fee from tenants, which may expose the owner to rising utility costs or excessive tenant consumption.
Wonderful 3 unit property in the heart of beautiful Leucadia. All units are turnkey and fully occupied. Property consists of a duplex with unit A being a large 3 bedroom, 2 bath home with a large loft at 1830 square feet, and private lawn front yard. Unit B is a 2 bedroom, 1 1/2 bath home at 900 square feet and private backyard area. Detached above the storage garage is unit C, a 400 square foot studio. The garage has been converted and divided into 3 separate storage units that each of the 3 units have their own storage. Each unit has their own laundry room. Unit C studio laundry downstairs in their storage garage. The main house just had an all new roof installed. Great location. Just a moments walk to Highway 101 and all the shops and restaurants in the area. In the 5 years of current ownership the only vacancies have been a few days during a turnover. Always rented and easy to find great tenants. Landlord pays utilities, and tenants pay a flat monthly amount for average utility costs.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 3.5 mi
Grades 7-8 • 10.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 33% |
| Baths | 0.0 | 1.5 | 33% |
| Square foot | 3,130 | 2,175 | 67% |
| Lot Size | 6,098.4 | 6,800 | 42% |
| Price | $2.69M | $1.79M | 83% |
| Price per sq ft | $861 | $867 | 50% |
| Built year | 1986 | 1976 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 168 | 8% |
Mar 3, 2026
$2,695,000
Initial Listing
May 5, 2021
$1,900,000
Public Record
Feb 21, 2007
$995,000
Public Record
Dec 28, 2005
$1,545,000
Public Record
Oct 26, 1998
$445,000
Public Record