842-850 Valley Ave, Solana Beach, CA, US, 92075
842-850 Valley Ave, Solana Beach, CA, US, 92075-
4 beds
-
1582 sq ft
Basics
- Status: Pending
- Bedrooms: 4
- Full Baths: 4
- Half Baths: 0
- Year built: 1945
- Floors: One
- Area, sq ft: 1582 sq ft
- Lot Size Acres: 0.2 acres
- Parcel Number: 2982836300
Description
-
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.
Price History
- Original List Price: $2,000,000
- Listing Date: 2024-10-28
Location
Neighborhood
- Neighborhood: Solana Beach
- SubdivisionName: Solana Beach
- County: San Diego
Building Details
- Building Name: Solana Beach
- Number Of Units Total: 3
- New Construction Yes/ No: No
- Security Features: N/K
- Construction Materials: Other
- Exterior material: Other
- Roof: Composition, Other
Home Owner's Association Info
- Association Yes / No: No
Amenities & Features
- Amenities:
- Patio & Porch Features: Patio
- Garage Yes / No: No
- Attached Garage Yes / No: No
- Appliances: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
- Cooling: Wall/Window Unit(s)
- Private Pool Yes / No: No
- Fencing: Partial
- Fireplace Yes / No: No
Miscellaneous
- Zoning: R-2:MINOR
- Lot Size: 0.2
- Category: Residential Income
- Type: Multi Family
- Laundry Features: Unit 1 Hookups
Virtual Tour / Video
- Virtual Tour / Video URL: https://www.propertypanorama.com/instaview/snd/230021476
Property Listing ID
- MLS ID: 240025497
- List Office Name: Compass
- MLS: SDMLS
Ask an Agent About This Home
842 Valley Ave
Solana Beach San Diego Real Estate Experts
This property located at 842 Valley Ave in Solana Beach is currently on Pending status and was listed on SV Premier Real Estate on 2024-10-28.
This listing price for this property is $2,000,000. It has 4 bedroom(s), bathroom(s), parking space(s) and is 1582 sq ft. The property was built in 1945 year.
The monthly HOA Fees for 842 Valley Ave are . The zip code for this property is 92075.
We are Solana Beach San Diego Real Estate Experts. Ranked in top 1.5% of Real Estate brokerages nationwide (Wall Street Journal Real Trends 2022 Rankings). Please contact us with any questions or to schedule a property tour for 842-850 Valley Ave, Solana Beach, CA, US, 92075.