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Renovated 32-Unit Apartment Community
New
For Sale
$20,100,000

185 Saxony Rd, Encinitas, CA 92024

The 2025 work updated unit interiors, mechanical systems, plumbing, and the roof.

Property Size18,690 SF
Price / SF$1,075
Days on Market4

Property Features for 185 Saxony Rd

General Information

Standard status Active
Size 18,690 SF
Property subtype Multi-Family

Units

Unit Mix 13 x 2BR/2BA townhomes, 19 x 1BR/1BA flats
Multifamily Units 32

Building Details

Year Renovated 2025
Listing Agency: Ray Adams Investment Real Estate Inc
Listed By: Ray Adams · License #00989238
Source: Jackcampbellteam
Added: Oct 11 Last Checked: Oct 12 at 10:24PM

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 Ray Adams Investment Real Estate Inc

Investment Insights

Based on property information with market context.

This 32-unit apartment community comprises 13 two-bedroom, two-bath townhomes and 19 one-bedroom, one-bath flats. A 2025 renovation included updated kitchens and bathrooms, quartz countertops, luxury vinyl plank flooring, and new AC units. Building work also included a new roof, replacement water supply lines in every unit, and fresh exterior paint.

The property at 185 Saxony Road is 0.8 miles from Moonlight State Beach and less than 1 mile from Downtown Encinitas, with its shops and restaurants. The residential mix combines townhome and flat layouts within one community.

Key Highlights

  • 32 apartments: 13 two‑bedroom, two‑bath townhomes and 19 one‑bedroom, one‑bath flats
  • 2025 renovation included kitchens, bathrooms, quartz countertops, and luxury vinyl plank flooring
  • New AC units, a new roof, and replacement water supply lines in every unit

Property Analytics

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Current Use

Shelby Music Company Theater & Performing Art Venue Josh Baguley Wheel ... Auto Repair Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Storage Facility Daycare Center Locksmith Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

32
Residential units

Location Intelligence

Trade Area within ½ mile

2,400
Businesses Nearby

Demographics for 92024, CA

51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The 2025 work updated unit interiors, mechanical systems, plumbing, and the roof.
Where is this apartment building located?
The property is located at 185 Saxony Rd Encinitas, CA.
What is the asking price?
The asking price for this property is $20,100,000.
What are key features of this property?
This property features: 32 apartments: 13 two‑bedroom, two‑bath townhomes and 19 one‑bedroom, one‑bath flats; 2025 renovation included kitchens, bathrooms, quartz countertops, and luxury vinyl plank flooring; New AC units, a new roof, and replacement water supply lines in every unit
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