842 850 Valley Ave

Solana Beach, CA 92075

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 8905
    Sqft(Lot)
$2,000,000

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. 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.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    47475524

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Interior Features

    • Roof : Composition

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Has Heating

  • Building Information

    • Year Built: 1945
    • Roof: Composition

    Fencing

    • Partial

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2044
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8905

  • Listing Price Information

    • Original List Price: 2,000,000
    • Listing Contract Date: 2024-10-28

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 2982836300

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92075 - Solana Beach
    • Directions: Do not Disturb Tenants, appointments only. CrossStreet: stevens and valley
    • Zoning: R-2:MINOR
    • Source Property Type: Residential Income
    • Area: 92075 - Solana Beach

    Building and Construction

    • Property Age: 79
    • Year Built Source: Vendor Enhanced
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 11/20/2024 @ 08:34

  • MLS: 240025497SD
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 8,905 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 are nearby neighborhoods.