Leucadia Multifamily Property Opportunity

273 Hillcrest Dr, Encinitas, CA 92024

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For Sale

$3,895,000

Seven units on a large lot west of Interstate 5.

Type:Investment

Property size:

3,600 SF

Lot size:

0.40 Acres

Price / SF:

$1,081/SF

HighLights

Seven units on a large, flat, usable 0.4‑acre lot west of Interstate 5 in Leucadia.
Diverse unit mix: (1) 2‑bedroom/2‑bath, (2) 2‑bedroom/1‑bath, (3) 1‑bedroom/1‑bath, and (1) studio.
Over 3600 sq ft of total living space.
Includes an oversized two‑car garage, covered carport, and onsite laundry facility.
Three units remodeled within the past year.
Mature landscaping creates a peaceful, serene setting.

We can help!

Listing Contact

David Miller

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For Sale

$3,895,000

Seven units on a large lot west of Interstate 5.

Type:Investment

Property size:

3,600 SF

Lot size:

0.40 Acres

Price / SF:

$1,081/SF

Added:: Apr 24, 2026
Days on Market:: 49
Last Refresh:: Apr 24 at 5:58 pm

Property Features for 273 Hillcrest Dr

General Information

Standard status: Active
Size: 3,600 SF
Lot size: 0.40 Acres
Property subtype: Investment

Building Details

Year Built: 1984

We can help!

Listing Contact

David Miller

Listing agent David Miller License #01747836

Listing office

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of David Miller

HighLights

Seven units on a large, flat, usable 0.4‑acre lot west of Interstate 5 in Leucadia.
Diverse unit mix: (1) 2‑bedroom/2‑bath, (2) 2‑bedroom/1‑bath, (3) 1‑bedroom/1‑bath, and (1) studio.
Over 3600 sq ft of total living space.
Includes an oversized two‑car garage, covered carport, and onsite laundry facility.
Three units remodeled within the past year.
Mature landscaping creates a peaceful, serene setting.

Overview

Located in Leucadia, this property features seven units situated on a 0.4-acre flat lot west of Interstate 5. The property includes over 3600 square feet of living space, comprising one 2-bedroom, 2-full bath unit, two 2-bedroom, 1-full bath units, three 1-bedroom, 1-bath units, and one studio unit. The property also features an oversized two-car garage, a covered carport, and an on-site laundry facility. Private yards and extra storage areas are available. Mature landscaping surrounds the building, which includes two cottages. All units are connected to the city sewer, and there are four separate gas meters. Three of the units have been remodeled in the past year. The property is positioned as an ideal investment with long-term and short-term potential.

Location Intelligence

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Apartment buildings

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Local Demand

City: Encinitas
County: San Diego
State: California
Longitude: -117.3022405
Latitude: 33.0754134

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For sale
Apartment buildings
CA
Encinitas
92024
273 Hillcrest Dr

What type of property is this?

Apartment building - Seven units on a large lot west of Interstate 5.

Where is this apartment building located?

The property is located at 273 Hillcrest Dr Encinitas, CA.

What is the asking price?

The asking price for this property is $3,895,000.

What are key features of this property?

This property features: Seven units on a large, flat, usable 0.4‑acre lot west of Interstate 5 in Leucadia.; Diverse unit mix: (1) 2‑bedroom/2‑bath, (2) 2‑bedroom/1‑bath, (3) 1‑bedroom/1‑bath, and (1) studio.; Over 3600 sq ft of total living space.