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Listed by Al Apuzzo • Lee & Associates
$10,250,000
Est. payment /mo
7,432 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,432 sqft
Price per Sqft $1,379
MLS Listing ID 8N-2607474
Year Built 1942
Lot Size 0.790 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this ±0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern California's most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours.
Location
State CA
County San Diego
Area 92075 - Solana Beach
Zoning C
Interior
Laundry Common Area
Exterior
Pool None
Community Features Biking, Curbs, Dog Park, Golf, Park, Sidewalks, Street Lights
View Y/N No
Building
Lot Description 31-35 Units/Acre
Sewer Public Sewer
Others
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2607474
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900