842-850 Valley Ave

Solana Beach, CA 92075 View Map $2,200,000 Schedule a Tour
Beds4
Baths4
Sq.Ft.8,905
Year1945
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Robert & Joy Aumann

Robert & Joy Aumann

(858) 752-8730
 
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FOR SALE: 842-850 Valley Ave Solana Beach CA 92075 | 240007422 |$2,200,000| Call Rob (858) 752-8730 for a TOUR!

Status: Active
Property Type:Res Income 2-4 Units
MLS #:240007422
Sq. Feet:8,905
On Site:99 Days
Lot Size:0.2 Acres
County:San Diego

Listing Agent/Office

Agent:Talechia Plumlee-Baker
Agent Phone:858-229-2181
Office:Compass
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 are 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 $5,900-$7900/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.

The prime location of these properties, situated within walking distance from the renowned Del Mar Race Track, beautiful beaches, and a plethora of dining, shopping, and entertainment options, adds to their appeal. Don't miss this rare and valuable investment opportunity.

Mortgage Calculator

$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:842-850 Valley Ave, Solana Beach, CA 92075
County:San Diego
Area (MLS Code):Coastal North
Subdivision:Solana Beach
Zip Code:92075
Community:SOLANA BEACH
Complex:Solana Beach

Architecture

Bedrooms: 4
Bathrooms: 4
Year Built:1945
Stories:1
Total Stories: 1
Unit 1: 2 beds, 2 baths. Rent: $5800.0
Unit 2: 1 bed, 1 bath. Rent: $2500.0
Unit 3: 1 bed, 1 bath. Rent: $2900.0
Roof: Composition

Features / Amenities

Cooling: Wall/Window

Rooms

Dimensions
Master
Bedroom 2
Bedroom 3
Bedroom 4
Bedroom 5
Breakfast Area
Dining Room
Kitchen
Living Room
Family Room
Extra Room 1
Extra Room 2
Extra Room 3

Property Features

Lot Size: 0.2 Acres
Lot Dimensions:7,500-10,889 SF
Fencing: Partial
Zoning:R-2:MINOR
Directions:Do not Disturb Tenants

Tax and Financial Info

Gross Sched Income Actual: $134, 400
Tenant Pays: Electricity
Terms: Cal Vet, Cash, Conventional, Exchange, FHA, VA

Schools

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842-850 Valley Ave Solana Beach,  CA 92075
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842-850 Valley Ave Solana Beach, CA 92075
 
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Listing information last updated on July 14, 2024 9:30 AM EST.