Set back on a Palm Tree-Lined Street among Boutique Offices and Luxury Mixed-Use Projects, 740 & 748 N Coast Hwy 101 Offers a Unique Opportunity to Acquire Two Contiguous Parcels Primed for a Trophy Development Project. Located just West of Interstate 5 in Encinitas, CA, the Offering is Comprised of Two Parcels with a Total Lot Size of 9,151 Square Feet. Currently, 740-742 N Coast Hwy comprises Two (2) Renovated One-Bedroom/One-Bathroom Units above Two (2) Single Car Garages. 748 N Coast Hwy 101 is comprised of a 2 Bedroom 1 Bathroom Single Family Home. All tenants are on Month-To-Month Agreements and the Property Generates $5,700 per Month in Rental Income. The Property Zoning is N-CM-1 which allows Both Commercial and Residential Uses. The Property Offers Investors a Solid Base for Future Development in One of San Diego’s Premier Zip Codes while Capitalizing on the Rents this Location Currently Produces.