131 Aberdeen Dr Encinitas, CA 92007
For Sale
1 / 8
This exceptional 12,906 sq ft office building in Encinitas, CA presents a unique owner-user opportunity. Situated on a 0.51-acre lot in the heart of Cardiff by the Sea's vibrant retail corridor, this property boasts 41 on-site parking spaces—a rarity for coastal properties. The building, constructed in 1967 and renovated in 1996, features a modern creative office layout with open ceilings, showers, surfboard racks, and ample storage. A fully furnished "plug-and-play" setup includes adjustable desks, chairs, cabling, and even a ping pong table, saving a buyer significant move-in costs. The two-story building is zoned C-GC1 and offers a rooftop deck with panoramic ocean views. Its prime location places it adjacent to popular businesses like VG Donut and Bakery, Bump Coffee, and The Shanty, and across from San Elijo State Beach Campgrounds. The asking price is $11,900,000. Four gates are included for potential future installation to enhance parking security and monetization. This represents a financially accretive investment, offering significant depreciation write-offs, principal paydown, and building appreciation potential. This is a truly exceptional coastal property ideal for a discerning owner-user seeking a turnkey solution in a highly desirable location.
-
SAP America Inc. (Bike/Boat/Book/etc) Store Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Cardiff, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.