Exceptional Coastal Investment

A Rare Opportunity to Own Income-Producing Real Estate in a Premier Beachside Location

647 San Dieguito Dr., Encinitas

Offered at $3,200,000

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3 Bedroom Home
Unit One
Unit Two
Unit Three
Unit Four

Amazing Location

Nestled in the prime Encinitas Highlands neighborhood, this charming beach home with four rental units offers an excellent income source with amazing character. From this unbeatable location you can walk or cruise on your bike to downtown Encinitas, the farmers market, coffeeshops, dining, yoga studios, the park, and beaches.

Main Home

  • 3 Bedrooms + Bonus Room

  • 2 Baths

  • Approx. 1,382 SF

This charming single-level home includes a recently remodeled kitchen, a bonus room, hardwood floors throughout, dedicated laundry area, and a private fenced yard perfect for a relaxing retreat.

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  • Living Room

  • Living Room

  • Kitchen

  • Family Room

  • Bedroom 1

  • Bathroom 1

  • Bedroom 2

  • Bathroom 2

  • Bedroom 3

Unit 1

  • 1 Bedroom

  • 1 Bath

  • 500 SF

  • Enclosed Patio

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  • Living Room

  • Living Room

  • Kitchen

  • Kitchen

  • Bedroom

  • Bedroom

  • Bathroom

  • Bathroom

  • Bathroom

Unit 2

  • 1 Bedroom

  • 1 Bath

  • 490 SF

  • Private Balcony

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  • Living Room (Virtually Staged)

  • Living Room

  • Living Room to Kitchen

    Living Room to Kitchen

  • Kitchen

  • Kitchen

  • Kitchen to Living Room

  • Living Room to Bedroom

  • Bedroom (Virtually Staged)

  • Bathroom

  • Bathroom

  • Balcony

  • Balcony

Unit 3

  • 1 Bedroom

  • 1 Bath

  • 490 SF

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  • Living Room

  • Living Room

  • Kitchen

  • Kitchen

  • Bedroom

  • Bathroom

Unit 4

  • 1 Bedroom + Walk-in Closet

  • 1 Bath

  • 500 SF

  • Private fenced-in yard

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  • Living Room

  • Kitchen

  • Bedroom

  • Bedroom

  • Living Room to Kitchen

  • Family Room

  • Kitchen

  • Kitchen

  • Bedroom with Walk-in Closet

  • Bathroom

  • Bathroom

  • Bathroom

Community Amenities

  • Communal Laundry Room

  • Designated parking spaces

  • Community yard with lawn

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The property is well-maintained, reflecting the current owner's pride of ownership and excellent management. The four 1-bedroom units share a community laundry room with coin-operated washers and dryers, while the 3-bedroom home has its own private laundry area. There are dedicated parking spaces for all units on San Dieguito Dr, with additional parking available in the driveway on the north side of the property.

Situated on an oversized 9,818 sq ft lot, this property offers exceptional value in a prime location. With excellent income potential and consistent rental history, this unique investment opportunity is not to be missed.

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