1161 1163 Hermes Avenue, Encinitas

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Turnkey investment/rental property, 1031 exchange, or a primary residence. Legal Duplex with excellent rental potential, furnished or unfurnished. Great separation and privacy between units, both units with good size private back yards, on a very quiet drive, parking for 7 cars, no HOA, great location to walk to beach, shops, restaurants. Hard to find a property anywhere west of 5 for this price point, income potential, and potential-for additions, 2 detached ADUs allowed and/or Jr ADU, or condo conversion. Remodeled and ready for you - this single level, private, two-unit property is located down a quiet driveway off the street, and a short walking distance to the beach. A duplex (property is 2 separate homes 1161 & 1163 Hermes) featuring a 2 bed, 2 bath cottage style home immersed in a tropical oasis with an attached two car garage, and a 1 bed/1 bath modern, freshly renovated, home with waterwise/ low maintenance turf, dedicated parking spaces and attached storage shed. Both homes feature spacious outdoor living areas to take advantage of Leucadia’s beautiful weather, while also having brand new HVAC systems installed for when you want that just right temp inside. The 2bd, 2bt home features a real wood burning fireplace in the living room, has been updated with stainless appliances, LED lighting, new LVP flooring (preserving original hardwood), paint, and a new smart garage door opener. Both bedrooms include cedar lined closets and both open to the oversized composite deck in the backyard. The large two car garage with epoxy floors includes plenty of built in storage and a desk. The fresh and bright 1bd, 1 bt home features new windows throughout, a large bedroom with oversize closet and adjacent washer/ dryer tower. The living area is flooded with natural light and draws the eyes up to its vaulted ceiling, while maintaining its cozy feeling with an electric fireplace. The kitchen is as utilitarian as it is beautiful, with plenty of counter space that opens to the front courtyard through awning windows to allow easy pass through. The modern bath, with a nod to midcentury style, will catch your eye with wall-to-wall tile into the walk-in shower. The backyard is a private refuge with lush turf, an oversized concrete deck, and an outdoor shower for you (and your furry friends) post beach adventures. Live in one home, rent out the other. Or have an available in-laws or guest suite year-round for visitors. What will you do with this turnkey duplex? Come find this hidden gem of a property in coveted Leucadia! Permits for bedroom area in 1161 are unknown, total square footage posted on listing includes 1161 bedroom sq. footage. Buyer's to verify all information and satisfy all due diligence prior to close of escrow and all information provided on MLS is deemed reliable, but is not guaranteed and should be independently verified.

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