ENCINITAS PROPERTY MANAGEMENT

ABOUT ENCINITAS

Encinitas is a quaint beach town just off of Highway 101. Named one of the 20 best surf towns in the world by National Geographic, Encinitas is a great place to live if you love the laid-back California lifestyle. In the downtown area, you’ll find cafes, restaurants, and boutiques. Better Buzz Coffee is the perfect place to sit down and enjoy their famous Best Drink Ever. After that, if you’re hungry stop by The Taco Stand for some out-of-this-world tacos.

Every spring, Encinitas plays host to the Encinitas April Street faire, which takes place over the course of two days. You can enjoy arts and crafts, vendors, and live music for the weekend. In the fall, the town holds the Fall Festival. This festival has children’s rides, great food, and live music as well. Don’t forget to check out the Classic Car Nights from May-September. On the third Thursday of those months, people gather around to admire classic cars on Main Street.

The city has great options for schools as well. Little ones will love Flora Vista Elementary school. Capri Elementary is another good option for K-6. If you’re looking for middle schools or high schools, check out San Dieguito High and Oak Crest Middle School. For more information on schools in Encinitas, visit this website.

Home Prices in Encinitas 

These are the year to date stats as of October 2021. For monthly stats, visit the San Diego Association of Realtors website

Encinitas 92024 Single Family Homes: $1,820,000 median price 

Encinitas 92024 Condos: $868,500 median price

Rental Rates in Encinitas 

Rental rates in Encinitas are higher than most of San Diego. It's a popular beach town in North County that's usually less crowded than other beach areas like Pacific and Mission Beach. Single family homes can rent upwards of $4,000/month. Two bedrooms are around $2,800/month. 

 

 

Pros of Investing in Encinitas 

There is usually high demand here, as it's beach town similar to La Jolla. East of I-5, good deals can be found. 

Cons of Investing in Encinitas 

Coastal proximity on west side of I-5 leads to luxury sales prices that lead to heavy negative monthly cash flow. 

Encinitas Prices

Neighborhoods by Price 

Pricing in Encinitas is typically highest by the coastline. Lighter areas can still be in the higher range, but are better deals when compared to beach-view properties. 

Sample Deals in Encinitas

1748 Hilltop Lane - Full Deal Report

  • $796,000 purchase price ($183,080 cash needed) 
  • -$1,558/month cash flow
  • 2.2% cap rate
  • -10.2% COC 

This 3B/2BA house flew off the shelf at nearly full list price after just a week on the market, like most detached properties do in Encinitas. It isn't spectacularly upgraded, but it has a nice large lot and low HOA fees that maintain the front yard and common areas.

1750 S El Camino Real #102 - Full Deal Report

  • $310,000 purchase price ($71,300 cash needed) 
  • -$17/month cash flow
  • 3.5% cap rate 
  • -0.3% COC

This is a 1B/1BA condo that just about breaks even! Though not in the hip area of Encinitas, it's a great value for both owner and renter and a sound investment.

Encinitas Property Management

Good Life Property Management has become experts in Encinitas property management over the last 7 years. As a result, we know how to effectively market and manage your Encinitas home. We find that days on market and vacancies are better than average when compared to other areas, likely due to its desirable location. Encinitas property management can be challenging, but doesn’t have to be with Good Life.

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