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Linda & Andy Anderson
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Toll Free:
888-220-8801
andersonlinda@
sbcglobal.net

DRE# 01363959
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Pending
$2,200,000

842 Valley Ave
Solana Beach, CA 92075

Multi-Family
Residential
4
Beds
4
Baths
1,582
Sq. Ft.
0.2
Acre Lot
Courtesy: Talechia L Plumlee-Baker - Compass
Home> California> Solana Beach> 92075
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 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 $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 - 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.
240007422
Multi-Family, 1 Story
4
San Diego
4 Full
1945
0.2 Acres
1
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Courtesy: Talechia L Plumlee-Baker - Compass
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Information is deemed reliable but is not guaranteed.