Property Detail

132 Phoebe St

Encinitas CA 92024

$3,250,000

Status: Active

Property Details

Description

Don’t miss this rare coastal opportunity, 4 units just steps from the beach in the heart of Leucadia! Set on a large 9,439 sq ft lot, properties of this size and location, west of Coast Hwy are incredibly rare. Offers the ultimate coastal lifestyle-walk to the beach, shops, restaurants, and local cafés in minutes. With 4 income-producing units already in place, this property offers excellent cash flow as-is, with the potential to bring in $15k+/month. Investment options for long term rentals or Airbnb short term rentals. Alternatively, if looking for your forever home, this is a unique opportunity to build your dream coastal home on one of Leucadia’s most coveted lots, blending lifestyle, location, and long-term investment. All 4 units have been recently updated, with over $350,000 invested into the property in the past few years. Whether you’re looking to invest, build, or live, this property delivers it all.

Map Location

Listing provided courtesy of Austin Fisher of 1st Class Real Estate SD. Last updated 2025-08-10 08:11:46.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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