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.
Newer-construction 10-unit multifamily complex located in Encinitas, California. Major renovation work was completed in January 2025. The property consists of two parcels with two separate APNs and offers a desirable unit mix of five one-bedroom/one-bath units and five two-bedroom/one-bath units, all of which have been completely remodeled and/or newly built. The units feature large enclosed backyards, mature landscaping, and abundant natural light. This turn-key trophy asset has undergone a comprehensive renovation to institutional standards, including all-new quartz countertops, renovated kitchens and bathrooms, tile flooring throughout all units, new AC units in the newly constructed units completed in 2025, upgraded electrical panels, and a new roof. Seller is also a CA licensed salesperson and have interest in the property.
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. 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 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 parking for 6–7 vehicles or RV potential—an incredibly rare offering. Ideal for owner-users, investors, or short-term rental potential in a prime coastal location.
" FULLY RENOVATED, MOVE IN READY, ENCINITAS DUPLEX FOR LESS THAN $2,000,000 " /// Repairs and Upgrades Include, New Roofing, Much New Flooring, Totally New Kitchens Cabinets and Appliances, Totally Renovated Bathrooms with New Vanities, Toilets ,Mirrors and Renovated Tub/Showers and Showers Including Glass Doors, New Remote Controlled Ceiling Fans in All Bedrooms, Every Bedroom has new Glass Closet Doors and New Wood Faux Blinds, Landscaping has New Astroturf Lawn Areas, New Forced Air Furnaces and New Water Heaters , Garages e fully renovated with Total Drywall, Baseboards and Epoxy Floors, New Blacktop in the Parking Areas and Fully Pressure Washed Cement Areas.
" FULLY RENOVATED, MOVE-IN READY, ENCINITAS DUPLEX FOR LESS THAN $2,000,000 " Repairs and Upgrades Include, New Roofing, New Interior and Exterior Upgrading and Paint, New Roofing, New Landscaping Including AstroTurf, Totally New Flooring, Completely New Kitchens Cabinets and Appliances, New Bathrooms with New Vanities, Toilets, Mirrors Shower Stalls and Tub Showers, New Forced Air Furnaces, Fully Rebuilt Garages with Drywall, lighting, Baseboards and Epoxy Floors, New Blacktop Upper Parking Area and Totally Pressure Washed Patios, Walkways and Concrete Drive and Parking Areas.
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.
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.
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.
Rare opportunity in the heart of Leucadia to own (7) seven units, all located on a .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 and (1) studio unit. 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 remodeled in the past year. Hillcrest is an ideal property with endless long term or short-term upside.
Turnkey and brand new, this five-unit complex is located in the heart of Leucadia and construction was completed in January 2026. The complex includes two matching 2-bedroom, 2.5-bathroom units that were completely remodeled from the original structure. These homes feature large enclosed backyards, mature vegetation, and abundant natural light from the upstairs bedrooms. There are also two matching 2-bedroom, 2-bathroom units built as ground-up new construction. Each offers a private yard, tall vaulted ceilings, and upstairs patios. The final unit is a spacious 1-bedroom, 1-bathroom residence located on the ground level with no steps, providing easy access and the same high-quality amenities found in the other floor plans. All units have their own designated laundry, utilities, and parking. Income potential in this area is exceptional, with two of the units eligible for legal vacation rentals. Do not miss out on this rare gem so close to the beach, shops, fitness studios, and community centers which is desired by everyone in this amazing beach town.
Encinitas is located in California. Encinitas, California has a population of 62,140. Encinitas is more family-centric than the surrounding county with 35.77% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in Encinitas, California is $132,276. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in Encinitas is 42.7 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 44.3 degrees. The average rainfall is approximately 11.9 inches per year, with 0 inches of snow per year.
