701 Valley Ave is a best in class development opportunity in the heart of Solana Beach, California one of Southern Californias most coveted coastal communities. The property can be developed as a private residence (current use) or it is fully entitled with approved plans for a three story, 6,290 square foot project that includes: 2,750 SF of professional or medical office space Three residential units One 3 Bedroom unit measuring 1,377 SF and two 739 SF Studio units Situated west of Interstate 5, the Property offers an unmatched lifestyle experience, with immediate access to the beach, top rated schools, the Del Mar Fairgrounds, and the vibrant Cedros Design District known for its unique mix of shops, dining, and entertainment. This premier asset provides a range of investment strategieswhether for an owner user seeking partial occupancy with supplemental rental income or for an investor capitalizing on a prime development opportunity in a high demand coastal market.