Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: 250035734 $3,250,000
4 Bedrooms with 4 Baths132 PHOEBE STREET
ENCINITAS CA 92024MLS: 250035734
Status: ACTIVE
List Price: $3,250,000
Price per SQFT: $2,362
Square Footage: 13764 Bedrooms
4 Baths
Year Built: 1952
Zip Code: 92024
Listing Remarks
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.
Address: 132 PHOEBE STREET ENCINITAS CA 92024
Listing Agent: AUSTIN FISHER of 1ST CLASS REAL ESTATE SD 858-848-1233
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: N/K LISTING CONTRACT DATE: 2025-08-07 BEDROOMS: 4 BATHROOMS FULL: 4 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1376 BUILDING AREA TOTAL: 1376 YEAR BUILT: 1952 APPLIANCES INCLUDED: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Gas Range BUILDING NAME: Encinitas CONSTRUCTION: Stucco HEATING: Wall/Gravity COOLING: N/K LAUNDRY FEATURES: Electric, Gas # GARAGE SPACES: 0 PARKING FEATURES: None Known PROPERTY TYPE: Residential PROPERTY SUB TYPE: All Other Attached ROOF: Other/Remarks POOL FEATURES: N/K STORIES TOTAL: 1 NUMBER OF UNITS TOTAL: 4 LISTING AGENT: AUSTIN FISHER LISTING OFFICE: 1ST CLASS REAL ESTATE SD LISTING CONTACT: 858-848-1233
Estimated Monthly Payments
List Price: $3,250,000 20% Down Payment: $650,000 Loan Amount: $2,600,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $16,434 Estimate does not include taxes, fees, insurance.
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Property Location: 132 PHOEBE STREET ENCINITAS CA 92024
This Listing
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Last Updated: 2025-08-10