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221 W G St
Encinitas, CA 92024
Multifamily Property For Sale · 4 Units

Investment Highlights

  • Luxurious 2022 Construction
  • Stable Performing Property
  • Coastal Beach Location
  • Low Maintenance Asset
  • Vaulted Ceilings
  • Private Balconies

Executive Summary

Completed in 2022, the Property offers investors the rare opportunity to acquire a trophy-quality residential asset within walking distance of both Moonlight Beach and the vibrant shops, restaurants, and entertainment of Downtown Encinitas. Positioned in one of Southern California's most desirable coastal communities, 221 W G Street benefits from exceptional demographics, award-winning schools, a temperate year-round climate, and convenient access to the region's major employment centers. Its premier location places residents at the center of an unparalleled coastal lifestyle while supporting long-term tenant demand and investment stability.
Each spacious townhome has been thoughtfully designed with luxury finishes and modern conveniences, featuring open floor plans with high ceilings, luxury kitchens with premium appliances, designer bathrooms, private yards, private balconies, air conditioning, and in-unit washers and dryers. Additional property enhancements include high-performance designer windows and rooftop solar that helps offset common area electrical expenses, creating an attractive combination of luxury, efficiency, and functionality.
Beyond its exceptional location and superior construction, the Property offers investors a low-maintenance ownership opportunity. Quality building materials, low maintenance landscaping, and recently completed improvements minimize near-term capital expenditures while positioning the asset for durable cash flow and long-term appreciation in one of San Diego County's most coveted coastal submarkets.
Please drive by discreetly without disturbing the residents. The property can be shown with an acceptable offer.

Property Facts

Price Per Unit $1,659,193 CAD
Sale Type Investment
Cap Rate 4.07%
Gross Rent Multiplier 16.7
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.11 AC
Building Size 4,884 SF
No. Stories 2
Year Built 2023
Parking Ratio 1.64/1,000 SF
Zoning R4 - Multi-Family

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Vaulted Ceiling
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Freezer
  • Island Kitchen
  • Quartz Countertops

Site Amenities

  • 24 Hour Access
  • Online Services
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 $8,310 CAD 1,163 - 1,265

Property Taxes

Property Taxes

Parcel Number
258-184-16
Land Assessment
$1,935,714 CAD
Improvements Assessment
$1,371,724 CAD
Total Assessment
$3,307,438 CAD
  • Listing ID: 41792617

  • Date on Market: 2026-08-18

  • Last Updated:

  • Address: 221 W G St, Encinitas, CA 92024

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