Marc Lyman
Pacific Sotheby's International Realty
Phone: 619-363-3000
Phone:
1111 Prospect St Suite 100, La Jolla, CA 92037
Fax:

MLS# 250035734 – 132 Phoebe Street, Encinitas, CA 92024

$3,250,000 - 4Br/4Ba - for Sale in Encinitas, Encinitas
Price: $3,250,000
Beds: 4
Baths: 4
Living Area SqFt: 1,376
Status: Active
Property Type: All Other Attached
Year Built: 1952
Neighborhood: Encinitas
Days on Website: 4

Courtesy of 1st Class Real Estate SD 619-384-8163

Property 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.

Open House

Property Details and Features

  • Appliances & Equipment
  • “Dishwasher”
  • “Dryer”
  • “Microwave”
  • “Refrigerator”
  • “Washer”
  • “Gas Range”
  • Bathrooms
  • 4 total bathrooms
  • 4 full bathrooms
  • Bedrooms
  • 4 total bedrooms
  • 4 possible bedrooms
  • Building
  • Built in 1952
  • Building area total: 1376
  • 1 stroy
  • 1 story total
  • Living area: 1376
  • Living area units: Sqft
  • Building area units: Sqft
  • Building name: Encinitas
  • Entry level: 1
  • 4 total units
  • “Stucco”
  • “1 Story”
  • Community
  • 4 units in community
  • Cooling
  • “N/K”
  • Fence
  • “Partial”
  • Water Features
  • Water source: “Meter on Property”
  • Heating
  • “Wall/Gravity”
  • Laundry
  • “Electric”
  • “Gas”
  • Listing
  • Listing ID: 250035734
  • List price: $3,250,000
  • 4 days on market
  • Listing contract date: 2025-08-08
  • MLS area major: Coastal North
  • Special listing conditions: “N/K”
  • “Cash”
  • “Conventional”
  • “VA”
  • Location
  • Subdivision: ENCINITAS
  • Lot
  • Size units: Acres
  • Parking
  • Total: 4
  • “None Known”
  • Pool
  • “N/K”
  • Property
  • Property subtype: All Other Attached
  • Property type: Residential
  • Roof
  • “Other/Remarks”
  • Sewer
  • “Sewer Connected”

Property Map

$3,250,000 – 132 Phoebe Street, Encinitas, CA 92024

Street View

Nearby Schools

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