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720 3rd, Encinitas, CA 92024

$3,349,000
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Multi-family for sale 22 days

About 720 3rd

Property type Multi-family
Neighborhood
Year built 1970
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Rental estimate
Property description
First time on the market in nearly 30 years, this spacious Encinitas triplex presents an extremely rare investor or owner-user opportunity. Ideally located just one block from the beach and within walking distance of Downtown Encinitas, the property features three separate units totaling more than 2,600 square feet. Each unit has been thoughtfully upgraded or exceptionally well-maintained, featuring quality wood or tile flooring, skylights, private balconies, incredible outdoor spaces, and beautiful city views. Additional highlights include two large carports with parking for four vehicles, two dedicated laundry areas, and generous storage throughout, including a 120 square foot shed. With additional interior upgrade potential and possible ADU opportunities, the property offers meaningful long-term upside in one of North County San Diego’s most coveted coastal communities. Properties offering this combination of location, size, and versatility are incredibly difficult to find, making this an opportunity that investors and owner-users will not want to miss.
Listed by
Listing Agent - Andrew Malekie
Listing Agent Contact: 4243129552
Listing Office - Link Brokerages, Inc.
Source: CRMLS mls logo
MLS#ND26201804 • last updated 3 weeks ago
Movoto checked CRMLS for data 3 minutes ago
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Overview
Levels/Style Two
Type Residential Income
SubType Triplex
Status Active
Lot Size (Acres) 0.11
Lot Size (SqFt) 4792
Year Built 1970
Interior
Exterior
Building Area Square Feet, 2636
Parking Carport
# Carport Spaces 4
# Parking Spaces 4
Lot Description Back Yard
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Other
Pool None
Location
View City Lights, Peek-A-Boo
County San Diego
Community Features Biking, Sidewalks, Park
Subdivision Encinitas, Encinitas
Directions In Between 2nd St & 4th St
APN 2581520300
Multifamily Details
Vacancy Allowance Rate 2.4
Operating Expense 52958
Total Expenses 52958
Gross Income 136800
Gross Operating Income 133517
Gross Scheduled Income 136000
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Source: GreatSchools.org © 2026. All rights reserved.

Around Cardiff

Explore everything this neighborhood has to offer. Learn more about Cardiff.
76/100
Walk
78/100
Family
65/100
Dining
85/100
Pet
  • Real Estate
  • CA
  • San Diego County
  • Encinitas
  • 92024
  • Cardiff
  • 720 3rd

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