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Map
$1,980,000 - $2,420,000
●
Multifamily -
Off Market
842-850 Valley Ave
Solana Beach, CA 92075
4 Beds
4 Baths
About 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.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
-
HOA Dues
$5,400
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 4, 2024 | No longer available | - | |
No longer available | |||
Feb 2, 2024 | Listed | $2,200,000 | |
Listed |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/31/2023
|
|
4 Bed
|
4 Bath
|
-
|
$2,600,000
4 Bed
4 Bath
|
-
-
|
-
|
Talechia Plumlee-Baker
Compass
|
07/07/2021
|
|
4 Bed
|
4 Bath
|
-
|
$1,400,000
4 Bed
4 Bath
|
-
-
|
-
|
Dane Soderberg
Compass
|
Building Info
842 Valley Avenue
842 Valley Avenue, Solana Beach, CA 92075
- 1 Unit for Sale
About Solana Beach
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