Property Description

This versatile property ensemble features 3 units, feasibility study reveals potential for 1 adu and a Jr/adu(500ft) Property features Two updated studio apartments and a fully furnished, standalone single-family home, presenting a lucrative investment opportunity. The studio apartments were leased at $2,900 and $2,500 respectively, boasting contemporary renovations that include modern kitchens, elegant bathrooms, and inviting patios. These units are occupied by long-term tenants and come with the convenience of four parking spaces. The crown jewel of this property is the single standing home. It offers a spacious yard, two bedrooms, and two bathrooms. The open-concept kitchen is equipped with modern finishes, enhancing the home’s appeal. Currently listed on Airbnb, it has ongoing reservations, with an estimated monthly income of $8900/month. This arrangement makes the home ideal for both short-term and long-term rental scenarios, or owner occupied. Each element of this property has been thoughtfully updated.The diversity of the units – from the cozy studios to the single standing home – makes this a versatile and attractive investment. With its combination of steady rental income and potential for growth, this property stands as an exceptional opportunity for investors seeking a balanced and profitable real estate portfolio.

Features
: Wall/Window Unit(s)
: Partial
: Patio
: Unit 1 Hookups
Appliances
: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer
Address Map
US
CA
SD
Solana Beach
Solana Beach
92075
Valley Ave
842-850
W118° 44' 31''
N32° 59' 1.8''
Do not Disturb Tenants, appointments only.
Coastal North
R-2:MINOR
Additional Info
Compass
Additional Information
: Other
: One
3
1
https://www.propertypanorama.com/instaview/snd/230021476
Listing Information
664330
8517
ACTIVE
2024-10-28T19:33:41Z
sdmls
: N/K

Residential Income

842-850 Valley Ave, Solana Beach Ca 92075

4 Bedrooms
4 Bathrooms
1,582
$2,000,000
Listing ID #240025497
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240025497
Price : $2,000,000
Bedrooms : 4
Bathrooms : 4
Square Footage : 1,582
Year Built : 1945
Lot Area : 0.20 Acre
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Composition, Other
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