Whether you're searching for a serene coastal retreat, a highly desirable income property, or a premier future development opportunity, this exceptional TURNKEY Encinitas offering delivers it all. Situated on a 5,000+ square foot lot in one of North County's most desirable beach communities, this unique property features three homes and is just a short stroll to the beach, award-winning restaurants, coffee shops, boutiques, and all the charm of downtown Encinitas. Zoned Downtown Commercial Mixed-Use (D-CM-2), the property offers remarkable flexibility for residential living, retail, professional office, or a combination of uses. Live and work from home, establish a boutique business, or capitalize on the property's outstanding investment potential. The beautifully maintained, turnkey single-level coastal residence provides immediate enjoyment, while the additional homes offer excellent rental income opportunities. Whether you choose to hold as an income-producing asset, create your ideal live/work lifestyle, or pursue future development, this is a rare opportunity to own a versatile property in the heart of Encinitas—where location, lifestyle, and long-term value come together. Buyer to confirm all details prior to COE.
Single-familyProperty Type
1928Year Built
5,059 sq ftLot Size
$1,259Price/Sq.Ft.
2 spacesParking
Listed by Tyler Polan•DRE #00917504• Compass
Contact: tyler.polan@compass.com
Bought with Kate Gillingham Milke•DRE #01782461• Coronado Island Realty
Est. $9,940 per month, based on comparable rentals
Sale and tax history for 765-67 2nd St
Sale History
Tax History
Date
Event
Price
CRMLS #NDP2606629
Aug 28, 2026
Sold
$2,885,000
$1,259/sq ft
Jul 12, 2026
Pending
—
Jul 10, 2026
Listed
$2,895,000
$1,263/sq ft
This TURNKEY property has been used by one couple as a primary residence only. It has not been used as a rental property and therefore there is no history of rental income nor rental expenses. Positioned in one of Southern California's most coveted coastal markets, this rare downtown Encinitas property presents an outstanding opportunity to acquire a premier infill development site with immediate income potential. Situated on a 5,000+ square foot lot and improved with three existing residences, the property offers the unique advantage of generating rental income while planning and pursuing future redevelopment. Located within the highly desirable Downtown Commercial Mixed-Use (D-CM-2) zoning district, the site provides exceptional flexibility for residential, retail, professional office, or mixed-use development (buyer to verify all permitted uses and development potential). Just a short walk to the beach, historic Highway101, acclaimed restaurants, cafés, boutiques, and transit, the property's premier location supports a wide range of development opportunities in one of North County's highest-demand coastal communities. Whether your vision includes a boutique mixed-use project, luxury residential residences, a live/work concept, or a long-term strategic land investment, this property offers the location, zoning, and existing cash flow to maximize value. Opportunities to acquire developable property with holding income in downtown Encinitas are exceptionally limited, making this a compelling investment for developers seeking a signature project in an irreplaceable coastal location. Buyer to confirm all details before COE.
CRMLS #NDP2606628
Aug 28, 2026
Sold
$2,885,000
$1,259/sq ft
Jul 12, 2026
Pending
—
Jul 10, 2026
Listed
$2,895,000
$1,263/sq ft
CRMLS #120058530
Jun 13, 2013
Sold
$1,100,000
$480/sq ft
Nov 27, 2012
Listed
$1,249,000
$545/sq ft
Enjoy this amazing treasure. .Live, Work, Play in Downtown Encinitas. .Tropical landscaping. .Was home to family of 4 and a start up business. .zoning is res. comm. lots of potential. .call for more details. .
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
San Diego County
APN
2581630800
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Feb 25, 2026.
D-CM-2
Downtown Encinitas Specific Plan-Commercial Mixed - Second Street Zone
This zone is intended to allow individual properties to develop as either residential, commercial, office professional or, a mixed-use of commercial/office and residential uses. In a mixed-use project, residential uses may be allowed on the same property or in the same structure as a commercial use, with the intent of providing housing opportunities while also mitigating the impacts between commercial and residential uses.
Permitted uses
Include but are not limited to:
Bank
Convenience store
Day care facility
General retail
Restaurant
Housing
Housing-Single unit
Housing-Multiple units
Housing-Other
Office
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 2
Driveway
Has Parking
# of Parking Spaces: 2
Interior
Laundry Information
Has Laundry
Washer Included, Dryer Included
Bathroom Information
# of Baths (Full): 3
# of Baths (1/2): 1
Cooling Information
Ductless
Has Cooling
Room Information
All Bedrooms Down
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Exterior
Exterior Features
Pool Features: None
Lot Information
Lot Size Source: Landlord/Lessor/Owner
Lot Features: Level with Street, Landscaped
Property Information
Common Walls: 1 common wall
Parcel Number: 2581630800
Attached Property
Total # of Stories: 1
Has View
Financial
Assesments Information
Assessments: Unknown
Utilities
Utilities Information
Sewer: Public Sewer
Location
Multi-Unit Information
# of Units In Community: 3
Neighborhood Information
Community Features: Street Lighting, Sidewalks
School Information
High School District: San Dieguito Union
Location Information
Latitude: 33.04245000
Longitude: -117.29408900
Directions: 2nd Street near G Street
Zoning: D-CM-2
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: San Diego County
APN: 2581630800
Home facts updated by county records on Feb 25, 2026
Other
Listing Information
IDX Contact Info: tyler.polan@compass.com
Days Active in MLS: 1
Continuous Days Active in MLS: 1
Listing Agent Information
List Agent First Name: Tyler
List Agent Last Name: Polan
Listing Office Information
List Office Name: Compass
Selling Agent Information
Buyer Agent First Name: Kate
Buyer Agent Last Name: Gillingham Milke
Selling Office Information
Buyer Office Name: Coronado Island Realty
Around this home
Schools
Paul Ecke-Central Elementary School
Public K-6 • Assigned • 1.0mi
9/10
Diegueno Middle School
Public 7-8 • Assigned • 3.2mi
9/10
La Costa Canyon High School
Public 9-12 • Assigned • 4.3mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 84° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Encinitas, CA • 92024
Average low and high temperatures (°F)
68
46
68
49
70
51
68
53
70
58
73
62
72
63
75
64
76
64
72
58
68
50
66
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.38M – $2.88M
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