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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. 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.

Features
: Wall/window Unit(s)
1
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Additional Information
Compass
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SAND-664330
SAND-8517
Talechia
2982836300
One
32

Multi-Family For Sale

842 Valley Ave, Solana Beach, California 92075

$2,000,000
Listing ID #240025497SD
Basic Details
Status : Active
DaysOnMarket : 1
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 240025497SD
Price : $2,000,000
Lot Size : 8,905 Sqft
Year Built : 1945
Country : US
State : California
County : San Diego
City : Solana Beach
Zipcode : 92075
Subdivision : Solana Beach
ModificationTimestamp : 2024-10-28 12:27:04
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