701 Valley Ave is a best-in-class development opportunity in the heart of Solana Beach, California — one of Southern California’s 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 strategies—whether 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.