225 S Hwy 101, Solana Beach, CA 92075
- $10,250,000
- List Price
- $10,250,000
- Status
- ACTIVE
- MLS#
- NDP2607474
- Year Built
- 1942
- Lot Size
- 34,412
- Acres
- 0.79
- Lot Location
- 31-35 Units/Acre
- Days on Market
- 2
- Property Type
- Multifamily
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.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Attached Structure
- Attached
- Number Of Units Total
- 28
- Gross Scheduled Income
- $596,606
Listing courtesy of Listing Agent: Al Apuzzo (aapuzzo@lee-associates.com) from Listing Office: Lee & Associates.
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