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842-850 Valley Ave, Solana Beach, CA 92075

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For Sale
Sale Pending

$2,200,000

4 beds4 baths

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 240007422

Courtesy Of Compass

(858) 375-7394

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Dryer, Oven, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Window Unit(s) A/C
  • Lot Size
    0.2 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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