Active
5 beds5 baths2,636 sqft
720 3rd St, Encinitas, CA 92024
Est: $17,909/moGet pre-approved
Multi FamilyProperty Type
0.11 acresLot Size
1970Year Built
$1,270/sq ftPrice per sq ft
4 carsParking Spaces

Description

First time on the market in nearly 30 years, this spacious Encinitas triplex presents an extremely rare investor or potential 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,...First time on the market in nearly 30 years, this spacious Encinitas triplex presents an extremely rare investor or potential 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.
Days on Market Listed Today
  • Listed by: Andrew Malekie DRE #02153774 Brokerage DRE #02126177 • Link Brokerages, Inc. 4243129552
  • Listed by: Coby Chatwin DRE #01998822 Brokerage DRE #02126177 • Link Brokerages, Inc.
Last updated: 09/16/2026 05:42 AM • Source: CRMLS, MLS#: ND26201804

Location

Listing Courtesy of Link Brokerages, Inc., Andrew Malekie, DRE #02153774; Link Brokerages, Inc., Coby Chatwin, DRE #01998822
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Payment Calculator

$17,909 per month

30 year fixed, 6.71% Interest

Principal and Interest

$17,306

Property Taxes

$603

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 720 3rd Street

Property Details
  • MLS Type: Residential Income / Res Income 2-4 Units
  • View: City Lights, Peek-A-Boo
  • Parking Spaces Total: 4
  • Private Pool: No
  • Total Units: 3.0
  • Lot Size Source: Appraiser
  • Property Attached YN: false
  • Common Walls: No Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 2636
  • Building Area Units: Square Feet
  • Stories Total: 2
  • Entry Level: 1
  • View: Yes
  • View: Yes
  • Zoning: Assessor
  • Subdivision Name: Encinitas
  • Subdivision Name Other: Encinitas
  • Senior Community: No
  • Parcel Number: 2581520300
  • Area: 92024 - Encinitas
  • Directions: In between 2nd St & 4th St
Building Information
  • Stories: 2
  • Year Built: 1970
  • Lot Size: 0.11 AC / 4,792 SF
Rental Info
Rental Info
  • Tenant Pays: Gas, Water, Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $139,788
  • Gross Scheduled Income: $139,788
  • Vacancy Allowance Rate: 2
  • Gross Operating Income: $136,433
  • Net Operating Income: $83,474
Expense Details
  • Operating Expense: $52,958
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $52,958
Tax / Assessment Info
  • Tax Block: 31
  • Tax Tract Number: 148
  • CFD/Mello-Roos Fee: $1,079
  • Tax Lot: 2,3
Community / Development
Community / Development
  • Community Features: Biking, Sidewalks, Park
  • Community: ENCINITAS
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room, Outside
  • Flooring Type: Tile, Wood
  • Flooring: Tile, Wood
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Other
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Carport Spaces: 4
  • Parking Features: Carport
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $5,049
  • Unit Type Total Rent: $5,049
  • Unit Type Pro Forma: 5800
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $4,000
  • Unit Type Total Rent: $4,000
  • Unit Type Pro Forma: 4800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,600
  • Unit Type Total Rent: $2,600
  • Unit Type Pro Forma: 3200
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 720 3rd Street

DateEvent & SourcePriceAppreciation
Sep 16, 2026

Listed (Active)

SDMLS #ND26201804

$3,349,000
Sep 16, 2026

Listed (Active)

CRMLS #ND26201804

$3,349,000
DateEvent & SourcePrice
09/16/2026

Listed (Active)

SDMLS #ND26201804

$3,349,000
09/16/2026

Listed (Active)

CRMLS #ND26201804

$3,349,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 720 3rd Street

Taxable ValueLand$252,911Additions$319,314Total$572,225
Tax Record2025$7,232 ($603 / month)
Home Facts
Total Finished SqFt2,235 SqFtAbove Grade Finished SqFt2,235 SqFtLot Size5,650 SqFtStyleDuplexYear Built1970ZoningR-4:MULTIPLECountySAN DIEGOAPN258-152-03-00

Schools near 720 3rd Street

This home is within Encinitas Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Paul Ecke-Central Elementary School
PublicK to 6

Diegueno Middle School
Public7 to 8

La Costa Canyon High School
Public9 to 12

Sunset High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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720 3rd Street is a multi-family home for sale in Encinitas, CA 92024. This property was listed for sale on September 16, 2026 by Link Brokerages, Inc., it's currently listed at $3,349,000. This listing's school districts are San Dieguito Union High School District, Encinitas Union Elementary School District. Nearby schools include Paul Ecke-Central Elementary School, Diegueno Middle School and La Costa Canyon High School. 720 3rd Street is a 5-bed, 5-bath, 2,636 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Link Brokerages, Inc., Andrew Malekie, DRE #02153774; Link Brokerages, Inc., Coby Chatwin, DRE #01998822

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.