Encinitas Multi-Family Properties for Sale

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Newest Encinitas Multi-Family Homes for Sale

$4,775,000

8 Beds ⋅ 8 Baths ⋅ 260020303 MLS ⋅ ACTIVE Status ⋅ Beach BLDG.

Completed in 2022, the Property offers investors the rare opportunity to acquire a trophy-quality residential asset within walking distance of both Moonlight Beach and the vibrant shops, restaurants, and entertainment of Downtown Encinitas. Positioned in one of Southern California's most desirable coastal communities, 221 W G Street benefits from exceptional demographics, award-winning schools, a temperate year-round climate, and convenient access to the region's major employment centers. Its premier location places residents at the center of an unparalleled coastal lifestyle while supporting longterm tenant demand and investment stability. Each spacious townhome has been thoughtfully designed with luxury finishes and modern conveniences, featuring open floor plans with high ceilings, luxury kitchens with premium appliances, designer bathrooms, private yards, private balconies, air conditioning, and in-unit washers and dryers. Additional property enhancements include high-performance designer windows and rooftop solar that helps offset common area electrical expenses, creating an attractive combination of luxury, efficiency, and functionality. Beyond its exceptional location and superior construction, the Property offers investors a low maintenance ownership opportunity. Quality building materials, low maintenance landscaping, and recently completed improvements minimize near-term capital expenditures while positioning the asset for durable cash flow and long-term appreciation in one of San Diego County's most coveted coastal submarkets.

221-227 W G St, Encinitas

$2,850,000

8 Beds ⋅ 6 Baths ⋅ 260018858 MLS ⋅ ACTIVE Status

A rare coastal duplex that lives like two single-family homes, offering Peek-a-Boo ocean views in the heart of Encinitas. This exceptional side-by-side property features TWO spacious residences, each approximately 1,980 sq ft—larger than many single-family homes—offering 4 bedrooms and 2.5 bathrooms totaling to 3,960 sq ft with 8 bedroom, 5 bathrooms, 4 car garage situated on a approximately 10,000 sq ft of usable flat land. A versatile fourth bedroom with a private entrance and its own A/C mini-split is ideal for a home office, gym, guest suite, or in-law quarters. Fully renovated with stunning high-end finishes, including new roof, HVAC, windows, flooring, cabinetry, and countertops, the property delivers modern comfort and turnkey convenience. Each unit enjoys a large private backyard and a functional layout. Only the fourth bedroom/office, adjacent to the garage, shares one wall to ensure privacy. Situated minutes from Downtown Encinitas and Cardiff Town Center, on an expansive ~10,000 sq ft lot with 2-car garages for each unit plus additional parking for 6–7 vehicles or RV potential—an incredibly rare offering. Ideal for owner-users, investors, 1031 or short-term rental potential in a prime coastal location. No HOA!

658-660 Santa Fe Dr, Encinitas

$1,800,000

4 Beds ⋅ 2 Baths ⋅ 260017258 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

**2 Units, Prime Coastal North County Location ~ Encinitas** Great Unit Mix: (2) 2Bedroom / 1Bathroom Units • Each Unit Has Private Yard w/ Washer/Dryer • Well-Maintained / High Income Property • Four (4) Off-Street Parking Spaces • ADU Potential • Located Off I-5 and Santa Fe Dr Near San Dieguito High School and the Self-Realization Fellowship Gardens

1090 Gardena Rd, Encinitas

$2,100,000

NDP2605538 MLS ⋅ ACTIVE Status

LET YOU DREAM BUSINESS BEGIN IN LEUCADIA MINUTES TO THE SAND Rarely available in North Leucadia, this exceptional property offers 8,000+ sq. ft. of highly usable, buildable land with endless possibilities for expansion, redevelopment, or creating your dream coastal compound. The property currently features two income-producing studio units, providing immediate cash flow while you plan for the future. Located just minutes from beaches, restaurants, and the vibrant Leucadia lifestyle, this is a unique opportunity to secure valuable coastal real estate with both current income and outstanding upside potential. Leucaadia is one of the top 10 most desirable communities in all of San Diego County. Build. Invest. Dream. Leucadia awaits. LET YOU DREAM BUSINESS BEGIN IN LEUCADIA MINUTES TO THE SAND Rarely available in North Leucadia, this exceptional property offers 8,000+ sq. ft. of highly usable, buildable land with endless possibilities for expansion, redevelopment, or creating your dream coastal compound. The property currently features two income-producing studio units, providing immediate cash flow while you plan for the future. Located just minutes from beaches, restaurants, and the vibrant Leucadia lifestyle, this is a unique opportunity to secure valuable coastal real estate with both current income and outstanding upside potential. Leucaadia is one of the top 10 most desirable communities in all of San Diego County. Build. Invest. Dream. Leucadia awaits.

1524 N Coast Hwy 101, Encinitas

$2,995,000

4 Beds ⋅ 4 Baths ⋅ NDP2605545 MLS ⋅ ACTIVE Status

Authentic coastal character, walk-to-beach location, and income from day one! 215-223 Lolita Street is the rare gem that captures the soul of old Encinitas. This five-unit coastal income property sits just three blocks, or 0.2 miles, from the sand of Moonlight Beach. Whether you're an investor seeking a turnkey opportunity or an owner-occupant craving the beach lifestyle, this one checks every box. The building consists of four cozy one-bedroom units and one charming studio with a loft, a versatile mix that appeals to a wide range of tenants and keeps vacancy low in this perpetually sought-after coastal market. The current ownership has invested heavily in the fundamentals. The entire property has been re-piped with hardline galvanized pipes, new roof vents installed, and every unit equipped with a new heater. A new commercial-grade water heater serves the building, and the studio features a fully remodeled bathroom giving the next owner true peace of mind. A comprehensive renovation in 2010 modernized the interiors throughout, including remodeled kitchens and bathrooms, upgraded plumbing and electrical, sound insulation between each unit, and beautiful bamboo flooring, all hallmarks of a well-loved, well-maintained property. Income properties just a short stroll to the sand in Encinitas are as coveted as they are scarce, don't let this one slip by! Authentic coastal character, walk-to-beach location, and income from day one! 215-223 Lolita Street is the rare gem that captures the soul of old Encinitas. This five-unit coastal income property sits just three blocks, or 0.2 miles, from the sand of Moonlight Beach. Whether you're an investor seeking a turnkey opportunity or an owner-occupant craving the beach lifestyle, this one checks every box. The building consists of four cozy one-bedroom units and one charming studio with a loft, a versatile mix that appeals to a wide range of tenants and keeps vacancy low in this perpetually sought-after coastal market. The current ownership has invested heavily in the fundamentals. The entire property has been re-piped with hardline galvanized pipes, new roof vents installed, and every unit equipped with a new heater. A new commercial-grade water heater serves the building, and the studio features a fully remodeled bathroom giving the next owner true peace of mind. A comprehensive renovation in 2010 modernized the interiors throughout, including remodeled kitchens and bathrooms, upgraded plumbing and electrical, sound insulation between each unit, and beautiful bamboo flooring, all hallmarks of a well-loved, well-maintained property. Income properties just a short stroll to the sand in Encinitas are as coveted as they are scarce, don't let this one slip by!

215-223 Lolita St, Encinitas

$6,800,000

NDP2605342 MLS ⋅ ACTIVE Status

Wonderful opportunity to own a performing asset and add value through condo conversion. Current Owners have owned the property since they built it. Wonderful opportunity to own a performing asset and add value through condo conversion. Current Owners have owned the property since they built it.

165-179 Sanford St, Encinitas

$20,100,000

45 Beds ⋅ 45 Baths ⋅ 260010705 MLS ⋅ ACTIVE Status

Kidder Mathews is proud to exclusively offer for sale this fully renovated, 32-unit luxury apartment community in the heart of coastal Encinitas. Nestled in one of North San Diego County’s most coveted beachside enclaves—just 0.8 miles from Moonlight State Beach and under 1 mile from Downtown Encinitas’ bustling shops, restaurants, and surf culture— The Gemma delivers an irreplaceable walk-to-everything lifestyle in a market with virtually no new supply. This turn-key trophy asset has undergone a complete 2025 renovation to institutional standards, featuring all-new quartz countertops, fully renovated kitchens and bathrooms, luxury vinyl plank flooring, new AC units, a brand-new roof, and full re-plumbing with new water supply lines in every unit. The freshly painted exterior enhances curb appeal, while 13 spacious two-bedroom, two-bath townhomes and 19 one bedroom, one-bath flats (32 units total) deliver a highly desirable, family-friendly mix commanding premium coastal rents. With quality post renovation systems installed, minimal near-term CapEx, and Encinitas vacancy below 2.5%, The Gemma offers immediate stabilized cash flow, organic rent growth, and long-term appreciation in a submarket where median home prices exceed $2.1M. This rare offering combines 2025-renovated luxury, proven coastal demand, and embedded upside—a true core-plus investment in the crown jewel of North County.

185 Saxony Rd, Encinitas

$6,995,000

6 Beds ⋅ 5 Baths ⋅ 260008804 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Oceanfront legacy meets massive equity opportunity on the premier south end of Neptune Ave, just steps from the heartbeat of downtown Encinitas. This prime location offers a lifestyle defined by immediate proximity to boutiques, award-winning dining, world-class surf breaks, local coffee roasters, and miles of sandy beaches. The expansive estate spans from the ocean waves to Neptune Ave, offering over 6,800 square feet of high-volume interior space along with a guest house. The property’s incredible scale represents a premier land-banking opportunity in one of the coast’s most coveted locations. With soaring vaulted ceilings, a rare 5-car garage, and a footprint designed for a world-class legacy compound, the infrastructure is perfectly positioned for the visionary buyer. Capitalize on this long-term appreciation holding while reimagining an architectural canvas into a record-setting coastal masterpiece. Some images in this listing have been generated using artificial intelligence for illustrative purposes. Actual property conditions differ. Actual images have been included in this listing.

200-2 Neptune, Encinitas

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