185 Saxony Rd
185 Saxony Rd, Encinitas, CA 92024
Kidder Mathews is proud to exclusively offer for sale this fully renovated, 32-unit luxury apartment community in the heart of coastal Encinitas. Nestled in one of North San Diego County’s most coveted beachside enclaves—just 0.8 miles from Moonlight State Beach and under 1 mile from Downtown Encinitas’ bustling shops, restaurants, and surf culture— The Gemma delivers an irreplaceable walk-to-everything lifestyle in a market with virtually no new supply. This turn-key trophy asset has undergone a complete 2025 renovation to institutional standards, featuring all-new quartz countertops, fully renovated kitchens and bathrooms, luxury vinyl plank flooring, new AC units, a brand-new roof, and full re-plumbing with new water supply lines in every unit. The freshly painted exterior enhances curb appeal, while 13 spacious two-bedroom, two-bath townhomes and 19 one bedroom, one-bath flats (32 units total) deliver a highly desirable, family-friendly mix commanding premium coastal rents. With quality post renovation systems installed, minimal near-term CapEx, and Encinitas vacancy below 2.5%, The Gemma offers immediate stabilized cash flow, organic rent growth, and long-term appreciation in a submarket where median home prices exceed $2.1M. This rare offering combines 2025-renovated luxury, proven coastal demand, and embedded upside—a true core-plus investment in the crown jewel of North County.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Kidder Mathews
Kidder Mathews
Building Details
- For Sale $20,100,000
- Property Type Multi-Family
- Property Size 18,690 SF
- Units 32
- Lot Size 1.12 Acre
- Cap Rate % 4.35
- Year Built 1988
- Date Updated May 5, 2026
Getting Around
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Walk Score ®
Somewhat Walkable (67) -
Bike Score ®
Somewhat Bikeable (46)
Location
- City Encinitas, CA
- Neighborhood Downtown Encinitas
- Zip Code 92024
- Market San Diego
Points of Interest
Encinitas Chevron
0.15 miles
Valero
0.18 miles
eVgo
0.24 miles
Santa Fe Shell
0.99 miles
Shell
1.00 miles
Tesla Supercharger
1.32 miles
Arco
1.70 miles
Valero Gas Station & Car Wash
1.76 miles
Carlsbad Supercharger
2.56 miles
Overflow Parking Lot
0.26 miles
Calle Magdalena Park And Ride
0.35 miles
Main Parking Lot 1
0.49 miles
Annex Lot
0.52 miles
Birmingham Park And Ride
1.74 miles
Cardiff State Beach Parking
2.48 miles
La Costa Park And Ride
2.53 miles
Batiquitos Trail Parking
2.97 miles
Encinitas Hand Car Wash
1.38 miles
Olson's Hand Car Wash
1.53 miles
Cardiff Valero Car Wash
1.75 miles
Circle K
2.74 miles
Mohawk
3.70 miles
Shine Auto Detailing
3.71 miles
Red & Blue Car Rental Inc DBA Roam and Board
4.75 miles
Palomar Hand Car Wash
5.30 miles
Enterprise
6.16 miles
The Crack Shack
0.19 miles
In-N-Out Burger
0.23 miles
Sushi Brothers
0.25 miles
Jersey Mike's Subs
0.27 miles
Wendy's
0.30 miles
Everbowl
0.31 miles
Serrano's Mexican Food
0.31 miles
Roberto's Taco Shop
0.32 miles
Chin's
0.41 miles
El Nopalito
0.97 miles
Vons
1.09 miles
TJ Maxx
1.33 miles
Kohl's
1.39 miles
Target
1.42 miles
ALDI
1.44 miles
Sprouts Farmers Market
1.44 miles
Ross
1.50 miles
Stater Bros.
1.54 miles
Scripps Memorial Hospital Encinitas
0.92 miles
Encinitas FS #5
1.02 miles
Encinitas FS #3
1.04 miles
Walgreens
1.43 miles
California Center For Reproductive Medicine
1.43 miles
San Diego County Sheriff's Encinitas Station
1.52 miles
UC San Diego Health – Encinitas Boulevard
1.66 miles
Encinitas FS #2
1.72 miles
Encinitas FS #4
2.29 miles
185 Saxony Rd Listing Summary
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What is the asking price at 185 Saxony Rd?
185 Saxony Rd is currently listed for sale at Contact for pricing.
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What is the total size of 185 Saxony Rd?
185 Saxony Rd has a total of 18,690 square feet.
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What is the year built for 185 Saxony Rd?
The year built for 185 Saxony Rd is 1988.
