132-134 Phoebe St, Encinitas Property Listing: MLS® #250035204

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.

132-134 Phoebe St, Encinitas Property Listing: MLS® #250035204 Close
Page Summary
  • MLS® #: 250035204
  • 132-134 Phoebe St
  • Encinitas, CA 92024
  • $3,250,000
  • 4 Beds, 4 Bath
  • Office: 1st Class Real Estate Sd

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.

Essential Information

  • MLS® #250035204
  • Listing Price$3,250,000
  • Date ListedAugust 1st, 2025
  • Days on Market11
  • Bedrooms4
  • Bathrooms4.00
  • Full Baths4
  • Year Built1952
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Community Information

  • Address132-134 Phoebe St
  • AreaENCINITAS (92024)
  • ComplexNA
  • SubdivisionEncinitas
  • CityEncinitas
  • CountySan Diego
  • StateCA
  • Zip Code92024

Amenities

  • Has PoolYes

Interior

  • CoolingN/K
  • FireplaceYes
  • Stories1 Story

Exterior

  • RoofOther/Remarks
  • ConstructionWood/Stucco
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Listing information last updated on August 28th, 2025 at 1:16pm PDT.