838 850 Valley Ave

Solana Beach, CA 92075

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 11615
    Sqft(Lot)
$4,500,000

Description

**investment opportunity: 5 units on 2 parcels for sale** an excellent opportunity to purchase five units across two parcels. these properties underwent extensive renovations from late 2022 into 2023. the townhomes at 838 and 840 are currently occupied by excellent long-term tenants, each generating a monthly rent of $5,500. each townhome features two large bedrooms with en-suite bathrooms, effectively providing dual master suites on the upper floor. the interiors have been upgraded with stylish flooring, modern kitchen designs, and updated bathrooms. additional enhancements include new garage doors for each single-car garage and tasteful landscaping. a feasibility study indicates the potential for one adu and a junior adu (500 sq ft) per parcel. 842, 848, and 850 has 3 units. 848 and 850 studio apartments leased at $2,900 from 2023/202 and currently leasing $2,500 respectively. these studios boast contemporary renovations with modern kitchens, elegant bathrooms, inviting patios, and the convenience of four parking spaces. unit 842 is a fully furnished, standalone home, presenting a lucrative investment opportunity on airbnb, bringing in approximately $8,900 per month. this home features a spacious yard, two bedrooms, two bathrooms, and an open-concept kitchen with modern finishes. the peaceful setting and ample parking add to its appeal. located within walking distance of the renowned del mar race track, beautiful beaches, and a variety of dining, shopping, and entertainment options, these properties offer a rare and valuable investment opportunity. don’t miss out!

  • Property Type

    Residential Income

  • Subdivision

    Fallbrook

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    46924839

Sell a home like this and save $269,501 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bathroom Information

    • Total Baths: 0

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Has Heating

  • Building Information

    • Year Built: 1990

    Fencing

    • Partial

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2666
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 11615

  • Listing Price Information

    • Original List Price: 4,500,000
    • Listing Contract Date: 2024-09-13

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2982836400

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Cable TV,Electricity,Gas,Trash Collection,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92075 - Solana Beach
    • Directions: Do not disturb Tenants, please call for a private showing. 24-48 hour Notice required to show all units. CrossStreet: Stevens and Valley
    • Zoning: R-2:MINOR
    • Source Property Type: Residential Income
    • Area: 92075 - Solana Beach

    Building and Construction

    • Property Age: 34
    • Year Built Source: Vendor Enhanced
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Message allows only 500 character
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 11/20/2024 @ 10:15

  • MLS: 240021811SD
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 11,615 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Solana Beach , in zip code 92075, this San Diego County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.