842-850 Valley Ave, SOLANA BEACH
SOLANA BEACH Home For Sale
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.
Property Details
Additional Information
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- City:
- SOLANA BEACH
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- County:
- San Diego
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- Zip:
- 92075
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- MLS® #:
- 240002554
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- Bedrooms:
- 4
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- Bathrooms:
- 4
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- Lot Size:
- 0.20
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- Neighborhood:
- SOLANA BEACH (92075)
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Listing information last updated on April 27th, 2024 at 5:02am PDT.