Thank you
Talechia Plumlee-baker
Compass
858-375-7394
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. The prime location of these properties, situated within walking distance from the renowned Del Mar Race Track, beautiful beaches, and a plethora of dining, shopping, and entertainment options, adds to their appeal. Don't miss this rare and valuable investment opportunity.
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Total Baths: 0
Roof : Composition
Wall/Window Unit(s)
Air Conditioning
Has Heating
Year Built: 1945
Roof: Composition
Partial
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.2044
Lot Size Source: Assessor
Lot Size Square Feet: 8905
Original List Price: 2,200,000
Listing Contract Date: 2024-04-07
Listing Agreement: Seller Reserved
Parcel Number: 2982836300
Lease Term: Negotiable
Tenant Pays: Electricity
Source Listing Status: Pending
Source Neighborhood: 92075 - Solana Beach
Directions: Do not Disturb Tenants CrossStreet: stevens and valley
Zoning: R-2:MINOR
Source Property Type: Residential Income
Area: 92075 - Solana Beach
Property Age: 79
Year Built Source: Vendor Enhanced
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
190 Del Mar Shores Ter .., Solana Beach, CA,92075 | $10,500 | 2 | 2 | 1,135 | -- |
105 Villa Hermosa, Solana Beach, CA,92075 | $6,900 | 3 | 2 | 1,953 | -- |
727 Beachfront Drive #B, Solana Beach, CA,92075 | $12,000 | 2 | 2 | 1,204 | -- |
857 Beachfront #C, Solana Beach, CA,92075 | $8,250 | 1 | 2 | 1,028 | -- |
146 N Shore Drive, Solana Beach, CA,92075 | $10,500 | 3 | 2 | 1,564 | -- |
757 Ocean Surf Drive, Solana Beach, CA,92075 | $11,500 | 3 | 2 | 1,564 | 153587 Sqft |
105 Cozumel Court, Solana Beach, CA,92075 | $1,650,000 | 2 | 2 | 1,610 | -- |
524 Ford Avenue, Solana Beach, CA,92075 | $5,500,000 | 4 | 4 | 3,831 | 28700 Sqft |
118 Via De La Valle, Solana Beach, CA,92075 | $4,495,000 | 5 | 3 | 2,715 | 21344 Sqft |
1451 San Benito Ct, Solana Beach, CA,92075 | $3,098,000 | 3 | 2 | 2,267 | 40500 Sqft |
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ByOwner last updated this listing 05/02/2024 @ 10:06
MLS: 240007422SD
LISTED BY: Talechia Plumlee-Baker, Compass
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.