Amazing opportunity to own a coastal property on one of the last double corner lots 200 feet from the ocean on one of the most iconic streets in Encinitas. This trophy property sits on a splitable 7,481 sq ft lot and currently consists of a detached 3 bedroom/2 bath home and attached 2 bedroom/2 bath and 1 bedroom/1 bath units that have been beautifully upgraded and obtain top market rents. They all have their own private yards and laundry, which is very rare in this area. You can live in the detached upgraded 3 bedroom house while generating rental income from the other two units. In addition, there are numerous opportunities for you to come in and build a brand new home with an ADU that is steps to the ocean, or split the lot and build two new homes with their own ADU's, or tear down and build an amazing Triplex! Located walking distance to Moonlight Beach, Stone Steps Beach, and Downtown Encinitas, rarely do you find a property like this with an unbeatable location and tremendous development opportunity. Amazing opportunity to own a coastal property on one of the last double corner lots 200 feet from the ocean on one of the most iconic streets in Encinitas. This trophy property sits on a splitable 7,481 sq ft lot and currently consists of a detached 3 bedroom/2 bath home and attached 2 bedroom/2 bath and 1 bedroom/1 bath units that have been beautifully upgraded and obtain top market rents. They all have their own private yards and laundry, which is very rare in this area. You can live in the detached upgraded 3 bedroom house while generating rental income from the other two units. In addition, there are numerous opportunities for you to come in and build a brand new home with an ADU that is steps to the ocean, or split the lot and build two new homes with their own ADU's, or tear down and build an amazing Triplex! Located walking distance to Moonlight Beach, Stone Steps Beach, and Downtown Encinitas, rarely do you find a property like this with an unbeatable location and tremendous development opportunity.