225 S Highway 101 - Apartments FOR SALE


Solana Beach, CA 92075
$10,250,000 USD
760-448-2442
225 S Highway 101, Solana Beach, CA for Sale
$10,250,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

225 S Highway 101
Solana Beach, CA 92075


HIGHLIGHTS

  • Prime location along the prestigious Highway 101 corridor in Solana Beach.
  • Approximately 0.79-acre site with 34,412 square feet of land area.
  • Existing income-producing asset with 28 micro-apartment units.
  • Walking distance to the Pacific Ocean, Cedros Design District, and Solana Beach Transit Center.
  • Located within one of Southern California's most supply-constrained coastal housing markets.
  • Commercial zoning with potential future mixed-use, retail, office, hospitality, and service-oriented development opportunities.

OVERVIEW

The subject property is located at 225 S Highway 101 in Solana Beach, CA. It is situated along the highly desirable coastal Highway 101 corridor, approximately 0.5 miles west of Interstate 5 and within walking distance to the Pacific Ocean and the Solana Beach Transit Center. The property benefits from convenient regional access via Interstate 5 Via Lomas Santa Fe & Via de la Valle. The surrounding area features a mix of upscale residential neighborhoods, boutique retail, restaurants, entertainment venues, and the Cedros Design District, supporting strong residential and commercial demand in this premier coastal market. The subject property consists of approximately 0.79 acres (34,412 square feet) and is currently improved with 28 micro-apartment units located in multiple residential structures totaling approximately 7,432 square feet. The property operates as an income-producing multifamily asset within one of San Diego County's most desirable coastal communities. Located at 225 S Highway 101 in the City of Solana Beach, the property occupies a premier location along the iconic Highway 101 corridor, approximately one-half mile west of Interstate 5 and within walking distance of the Pacific Ocean, the Solana Beach Transit Center, and the vibrant Cedros Design District. The surrounding area features an exceptional mix of upscale residential neighborhoods, boutique shopping, acclaimed restaurants, entertainment venues, and coastal recreational amenities, supporting strong and sustained housing demand. With its irreplaceable coastal location, 0.79-acre site, existing rental income from 28 micro-apartment units, and proximity to regional transportation and lifestyle amenities, the property presents a rare investment and development opportunity in one of Southern California's most supply-constrained beach communities. The offering is ideally suited for investors seeking a covered land development & investment opportunity with stable cash flow, long-term appreciation potential, and the opportunity to explore future expansion, redevelopment, or value-add improvements, subject to b

FOR SALE DETAILS

PRICE

$10,250,000 USD

PRICE/SF

$510 USD /SF

# OF UNITS

28

PRICE/UNIT

$366,071

CAP RATE

Request Cap Rate

% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,412 SF

ZONING

C

APN/PARCEL ID

298-010-17

ASK ABOUT THIS PROPERTY

Al ApuzzoLee & AssociatesMore Info
760-448-2442

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Al ApuzzoLee & AssociatesMore Info
760-448-2442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.