Encinitas Multi-Family Properties for Sale

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Newest Encinitas Multi-Family Homes for Sale

$3,000,000

NDP2308890 MLS ⋅ Active Status

2 detached units! Short term rental possible with permit from City of Encinitas. Welcome to your dream coastal retreat by the shores of Encinitas. Nestled in the vibrant community of South Leucadia, this thoughtfully designed home offers the perfect blend of modern luxury and relaxed beachside living. Step inside and be greeted by an open-concept design that comfortably connects the indoor and outdoor living spaces. This home is bathed in natural light, courtesy of large windows throughout. The gourmet kitchen is a culinary delight, featuring modern appliances, quartz and butcher block countertops, and ample storage space. Whether you're a seasoned chef or just love to entertain, this kitchen is sure to impress. Retreat to the master suite, where tranquility awaits. Wake up to the sound of waves and the sweet smell of saltwater in the air. The ensuite bathroom is a spa-like haven, complete with a luxurious soaking tub and a spacious walk-in shower. Surfers and ocean lovers will delight in the private outdoor shower, ample storage sheds, and easy access to the best beaches in Southern California. Whether utilized as a guest house, private home office, or a potential rental income opportunity, the ADU complements the main residence with its own distinctive charm. This separate living space is equipped with modern amenities, ensuring comfort and privacy for guests or occupants. With its own entrance, patio, power meter, and stylish design, the ADU adds a valuable dimension to the property. This secluded coastal haven is not just a home; it's a lifestyle. Enjoy evenings with friends and family on the expansive rear patio, perfect for al fresco dining and sunset gatherings. The tropical-inspired landscaping provides a serene escape, with garden beds and mature trees. Located just a few doors away from the renowned Stone Steps Beach, world-class dining, and vibrant local shops, 348 La Mesa offers the best of coastal living. Close to top-rated schools and parks, this is an ideal home for those seeking both luxury and convenience. Attached are recent conceptual drawings to add a second story to the ADU. The owner received estimates of $100,000 to $150,000 to build.

348 La Mesa Avenue, Encinitas

$4,000,000

230021492SD MLS ⋅ Active Status

Four luxury townhome units in the heart of Leucadia. Condominium potential. Townhomes are approx. 1350-1400 sf. Each townhome includes fireplace, vaulted ceilings, attached two car garage, washer/dryer hook ups, and private balconies. Two units include private rear yards. Four gas, electric and water meters. Desirable beach location within walking distance to Beacons Beach, dining and entertainment. Desirable cash flow at market rental rates. Do not disturb residents.

Encinitas

$2,499,000

5 Beds ⋅ 3 Baths ⋅ NDP2307740 MLS ⋅ Active Status

OPPORTUNITY OF A LIFETIME: Cash-flowing TRIPLEX at MOONLIGHT BEACH in ENCINITAS FIRST TIME on the market in 45 YEARS, this family-owned and deeply-loved, eclectic TRIPLEX is an investment trifecta: LOCATION, UNIT MIX & LIST PRICE. : : Introducing 209 Melrose Avenue – A real estate gem in the heart of iconic Encinitas. UNIT MIX: STUDIO + 2 BED/1 BATH + 2 BED/1 BATH, with private decks, a rooftop view and an on-site laundry room. INCOME PRODUCING: The three units are currently being used as follows: (1) an owner's Studio, (2) a long-term rental and (3) a highly profitable short-term rental (STR) with consistent bookings and an impressive return on investment. Permits unknown. Property was inherited. Encinitas, defined by its roots in surf and beach culture, is one of San Diego’s most famed coastal communities. 209 Melrose is a unique beachside bungalow on a quiet street, just blocks from the sand at Moonlight Beach. Property features include ample parking, private outdoor spaces, a relaxing hot tub and rooftop views. In 2023, Forbes Magazine recognized Encinitas as one of the best places in the world to travel. Nestled along the picturesque SoCal coast, this vibrant city is not just a destination for tourists; it's an extraordinary opportunity for those seeking a high-ROI investment or multi-use (commercial and residential zoning) to bring visions to life. Also located one block from downtown Encinitas on Highway 101, which is home to the area’s MOST POPULAR AND HIP dining, retail, salons, bars, coffee shops, breweries, art galleries and iconic San Diego landmarks, including Swami’s surf break, the La Paloma Theatre, the Self-Realization Fellowship Hermitage & Meditation Gardens and the Encinitas Farmers Market. Biking distance to Leucadia, Cardiff-by-the-Sea and Carlsbad, and the Alila Marea, the areas newest beachside resort with rooftop bar and restaurant. Ocean enthusiasts can enjoy a plethora of water sports, with options for rental equipment throughout the area. Eli Howard Surf School offers lessons for all skill levels at renowned surf spots like Swami's, Grandview, Ponto, and Stonesteps. Explore the diversity of local beaches, including Swami's, Moonlight Beach, Beacon's Beach, Grandview, and Stonesteps, each offering unique coastal experiences. Moonlight Beach, also famous for its beach volleyball, picnic and playground areas, ample parking and even sand-side food delivery services, continue to draw visitors making it one of the busiest beaches in SoCal. As an art and culture HUB, Encinitas offers an array of arts and entertainment for everyone. The Surfing Madonna Oceans Project showcases the iconic Surfing Madonna mosaic, a symbol of ocean conservation. Wander through the San Diego Botanical Garden, featuring 29 specialty gardens with over 5,000 plant varieties, creating an oasis of natural beauty. Enjoy live music and entertainment in the hip nightlife at The Roxy, hosting over 570 live music shows per year, or La Paloma Theater, San Diego's oldest theater with unique character and ambiance. Enjoy fresh produce and local goods at the Leucadia Farmer's Market, a Sunday outdoor market that's a community favorite. Don't miss Encinitas Cruise Nights, a summer event where vintage cars line the streets. Explore scenic hiking trails like Encinitas Ranch Trail, Manchester Preserve, and Annie's Canyon Trail. Encinitas offers the quintessential Southern California lifestyle. With its beautiful beaches, renowned surfing and vast options of activities and amenities, it's the ideal location to call home or to maximize a real estate investment. :: Property sold AS IS, no repairs or repair credits. Permits unknown. ::

209 MELROSE Avenue, Encinitas

$4,585,000

NDP2306656 MLS ⋅ Active Status

Rare opportunity in the heart of Leucadia to own (6) six permitted units, all located on .4-acre flat usable lot west of Interstate 5. Over 3600 total sq. feet of living space. Units consist of (1) 2-bedrooms, 2 full baths, (2) 2-bedroom 1 full bath, (3) 1-Bedroom 1 bath. There is an oversized two car garage, covered carport, onsite laundry facility, private yards, and plenty of extra storage areas. Beautiful mature landscaping surrounds this uniquely designed building (including two cottages) providing a peaceful serene setting. All units are connected to the city sewer and there are 4 separate gas meters. Three of the units have been completed remodeled in the past year. Hillcrest is an ideal property with endless long term or short-term upside.

273 Hillcrest Drive, Encinitas

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.