Residential Income For Sale – – – – Price $2,000,000 – 240025497
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.

Features
: 1 story
Address Map
US
California
San Diego
Solana Beach
92075
Valley Ave
842-850
W118° 44' 30.9''
N32° 59' 1.7''
Neighborhood
Neighborhood
Additional Information
18
R-2:MINOR
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Talechia
Plumlee-Baker
Compass
$0
$0
$0
$0
$0
$0
$0
7,500-10,889 sf
Solana Beach
Solana beach
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
1

Residential Income For Sale

842-850 Valley Ave, Solana Beach, California 92075

8,905 Sqft
$2,000,000
Listing ID #240025497
Basic Details
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.

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240025497
Price : $2,000,000
Year Built : 1945
Lot Sq Ft : 8,905 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 2
Unit 2 # Bedrooms : 1
Unit 3 # Bedrooms : 1
Unit 1 # Total Baths : 2
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 1 # of Full Baths : 2
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 1 Estimated SqFt : 782 Sqft
Unit 2 Estimated SqFt : 350 Sqft
Unit 3 Estimated SqFt : 450 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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