132 Phoebe Street
Encinitas, CA 92024 • 4 Bed • 4 Bath • 1,376 sq.ft.

Property summary

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.

Days on market: 0

Listing updated: August 08, 2025 - 03:51:08

Property details

Property ID
250035734SD
Size
1376 sq.ft.
Home Type
Residential
Year Built
1952
Property Size
Garage
0
Levels
1
Spa
No
Patio
No
Basement
No
View
No
Pool
None

Listed by: Austin Fisher DRE #01914646 619-384-8163, 1st Class Real Estate SD - San Diego

Source: San Diego, MLS#: SAND-991937 Originating MLS: CRMLS

Interior information

Rooms
Bedroom
Bathrooms
4
Kitchen
Dishwasher, Gas Range, Microwave, Refrigerator
Cooling
None
Heating
Electric
Flooring
N/A
Laundry
Electric Dryer Hookup, Gas Dryer Hookup
$3,250,000
Property price
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Revesty savings: $108K
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Est.: $13,000/mo
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Working hours: Monday to Friday 9:00am - 6:00pm (PST)

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Based on information from California Regional Multiple Listing Service, Inc. as of 2025-08-27 13:47:38 PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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