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.
| MLS # | NDP2607474 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 22 |
| Listing Provided By | Lee & Associates | Al Apuzzo |
| SQ Feet | 7,432 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 28 |
| Building(s) | 5 |
| Zoning | C |
| Acreage | 0.79 |
| Golf Course | Yes |
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Lot Features | Thirty One To Thirty Five Units Acre |
|---|
| Garage Yes / No | No |
|---|
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Curbs, Dog Park, Golf, Park, Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | San Diego |
| City | Solana Beach |
| Zip Code | 92075 |
| Area | 92075 Solana Beach |
| Listing VS Median (in 92075) | |
Price: $10,250,000 low | high Med: $8,000,000 sqft: 7,432 low | high Med: 10,382 $ / sqft: $1,379 low | high Med: $771 On site: 22 low | high Med: 136 | |
| State | CA |
|---|---|
| County | San Diego |
| City | Solana Beach |
| Zip Code | 92075 |
| Area | 92075 Solana Beach |
| Listing VS Median (in 92075) | |
Price: $10,250,000 low | high Med: $8,000,000 sqft: 7,432 low | high Med: 10,382 $ / sqft: $1,379 low | high Med: $771 On site: 22 low | high Med: 136 | |