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Buildable Coastal Land with Studio Units
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1524 N Coast Hwy 101, Encinitas, CA 92024

Two studio units on highly usable, buildable land provide current income with room for future development plans.

Property SizeContact for details
Days on Market64

Property Features for 1524 N Coast Hwy 101

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Business Included Yes
Multifamily Units 2
Listing Agency: Coldwell Banker West
Listed By: Trudy Whitney · License #02058724
Source: Crexi
Added: Jun 4 Changed: Jul 10 Last Checked: Aug 6 at 11:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker West

Investment Insights

Based on property information with market context.

The property is a buildable land offering with two existing income-producing studio units. It is presented as highly usable and supports expansion, redevelopment, or the creation of a new compound. The current configuration provides ongoing residential income while plans are considered for what to build next.

The site is located in North Leucadia, Encinitas, and is described as being just minutes from beaches and local dining. This places the property within a practical coastal market setting where proximity to everyday amenities may matter to both tenants and future occupants.

For buyers seeking a development-minded asset, the combination of two studio units and buildable land can be useful for operators who want to hold income while designing longer-term improvements. At the same time, it can fit investors looking for a residential income position paired with a path to redevelopment, based on the property’s stated buildable characteristics. Any final development potential should be confirmed through appropriate due diligence and local approvals.

Key Highlights

  • 8,000+ sq. ft. of highly usable, buildable land in North Leucadia
  • Two income‑producing studio units provide current cash flow
  • Property offers room for expansion, redevelopment, or future development plans

Property Analytics

Current Use

Tom's Mobile Bike ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Computer & Electronic Repair Daycare Center Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 92024, CA

51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two studio units on highly usable, buildable land provide current income with room for future development plans.
Where is this duplex located?
The property is located at 1524 N Coast Hwy 101 Encinitas, CA.
What is the asking price?
The asking price for this property is $2,199,000.
What are key features of this property?
This property features: 8,000+ sq. ft. of highly usable, buildable land in North Leucadia; Two income‑producing studio units provide current cash flow; Property offers room for expansion, redevelopment, or future development plans
More about this property
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