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 Diegos 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.
Features
5 bedrooms
5 bathrooms
crop_free4792 sq. ft. lot size
cottageMulti-Family
Property history for 720 3rd Street
2026
Rented
Undisclosed
11 Oct 2026 by Covington & Associates
Happy sellers in Encinitas
87%
sentiment_very_satisfied
87% of sellers in Encinitas reported that their sale price either exceeded or met their price expectations.
Encinitas stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 6 reviews in Encinitas over the last 12 months.
Local market activity for 5 bedroom multi families in Encinitas
Sold
For Sale
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