Listing provided courtesy of Talechia Plumlee-Baker of Compass. Last updated 2024-04-21 09:14:21.000000. Listing information © 2023 Sandicor.

Asking Price: $2,200,000

842-850 Valley Ave, Solana Beach CA 92075

Community: ​Solana Beach


This Res Income 2-4 Units property was built in 1945 and is priced at $2,200,000. Please see the additional details below.
  • 0 Sq Ft
  • bathrooms
  • 0 bedrooms
  • MLS#: 240007422
  • Type: Res Income 2-4 Units
  • Year Built: 1945
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.

Call or Email Darrick Morse now to inquire about this property

760-493-4300