$2,200,000 Price Analysis   ♡   Solana Beach, CA 92075 4 bed 4 bath 1,582 SqFt ($1390/SqFt) 8,905SqFt lot. Built 1945 Listed 2024-04-07, Taxes $19,033 | Ⓧ USDA Ineligible due to price & location near Solana Beach |
This versatile property ens emble 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 roomy 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 th 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.
Presented by Talechia Plumlee-Baker at
COMPASS.
Property MLS #240007422 from SanDiegoMLS
Full Bathrooms: 4
Lot Size Acres: 0.2044307
Lot Size Square Feet: 8905
Calculated Total Monthly Association Fees: 0
Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 2
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Unit-1 Square Feet: 944
Unit-2 Square Feet: 294
Unit-3 Square Feet: 344
Unit 2 Total Actual Rent: 2500.0
Unit 3 Total Actual Rent: 2900.0
County: San Diego
Cross Street: stevens and valley
Directions: Do not Disturb Tenants
Source Property Type: 2-4 UNITS
Area: Coastal North
Source Neighborhood: Solana Beach
Parcel Number: 298-283-63-00
Park Name: Solana Beach
Subdivision: SOLANA BEACH
Zoning: R-2:MINOR
Property Subtype: Res Income 2-4 Units
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $153,000 + $1,479,000 $1,632,000 | $19,033 |
| 2022 | $150,000 + $1,450,000 $1,600,000 | $18,752 |
| 2021 | $88,823 + $965,979 $1,054,802 | $12,971 |
| 2020 | $87,913 + $956,075 $1,043,988 | $12,871 |
| 2019 | $86,190 + $937,329 $1,023,519 | $12,653 |
| 2018 | $84,500 + $918,950 $1,003,450 | $12,407 |
| 2017 | $82,844 + $900,932 $983,776 | $12,188 |
| 2016 | $81,220 + $883,267 $964,487 | $11,510 |
| 2015 | $80,000 + $870,000 $950,000 | $11,327 |
| 2014 | $50,162 + $975,444 $1,025,606 | $12,059 |
| 2013 | $49,936 + $971,036 $1,020,972 | $12,149 |
| 2012 | $48,957 + $951,997 $1,000,954 | $11,530 |
| 2010 | $47,998 + $933,331 $981,329 | $11,232 |
| 2009 | $47,754 + $928,557 $976,311 | $11,259 |
| 2009 | $47,640 + $926,356 $973,996 | $11,259 |
| 2008 | $46,818 + $910,350 $957,168 | $10,987 |
| 2007 | $45,900 + $892,500 $938,400 | $10,772 |
$2,200,000
SanDiegoMLS
Listing removed 2024-04-04
$0
SanDiegoMLS
Listed 2024-02-03
$2,200,000
SanDiegoMLS
Listing removed 2024-02-02
$0
SanDiegoMLS
Price Changed 2024-01-12
$2,200,000
SanDiegoMLS
Price Changed 2023-11-27
$2,500,000
SanDiegoMLS
Listed 2023-11-01
$2,600,000
SanDiegoMLS
Listing removed 2023-09-16
$0
SanDiegoMLS
Price Changed for rent 2023-09-15
$5,900
SanDiegoMLS
Price Changed for rent 2023-08-31
$7,900
SanDiegoMLS
Listed for rent 2023-05-28
$9,500
SanDiegoMLS
Sold 2021-09-24
$1,600,000
SanDiegoMLS
Sold 2006-06-30
$920,000
Public Record
Sold 1993-09-02
$230,000
Public Record
Sold 1986-08-22
$65,000
Public Record
Sold 1986-03-21
$145,000
Public Record
Year Built: 1945
Entry Location: No
Levels: 1 Story
Property Age: 79
Roof: Composition
Levels or Stories: 1
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.