855.375.4001
Listing Courtesy of: Talechia Plumlee-Baker - Compass 858-375-7394
$2,200,000 affordable loan icon Calculate Payment

842-850 Valley Ave Solana Beach, CA 92075

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Cluster Residence
Beds
Baths
... Bed/Bath
Sq. Ft.

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Last updated on 7/6/2024 10:41 PM
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 are leased a...t $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 $5,900-$7900/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 â from the cozy studios to the single standing home â 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. Continue reading
MLS#
240007422
Property Type
Cluster
Lot Size
0.2
Stories
1.0

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Listing Courtesy of: Talechia Plumlee-Baker - Compass 858-375-7394
Barbara Lynn Simmons, CA BRE #00637579, Xome Inc., CA BRE #01932600, 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361, [email protected], 844-400-XOME (9663)


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This content last refreshed on 7/6/2024 10:41 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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