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838-840 Valley Ave

Solana Beach, CA 92075
  • $2,499,000
  • STATUS: ACTIVE
  • ON SITE: 31 Days
  • ID#: 240002555
UPDATED: 199 min ago
$2,499,000
  • 4
    BEDS
  • 0.27
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,437
    SQFT
  • $1,025
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Ratings & Info

Description

The townhomes located at 838 and 840 Valley were extensively renovated in the latter part of 2022 and into 2023. They are now occupied by outstanding tenants, each property bringing in a monthly rent of $5,500. These townhomes feature two large bedrooms, each paired with its own full bathroom, essentially providing dual master suites on the upper floor. The interiors have been modernized with stylish flooring, kitchen designs, and bathroom updates. Further enhancements encompass new garage doors for each single-car garage and tasteful landscaping. The peaceful setting and ample parking are additional perks that are valued. 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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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/147242658
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838-840 Valley Ave Solana Beach, CA 92075

  • Price: $2,499,000
  • Status: ACTIVE
  • On Site: 31 Days
  • Updated: 199 min ago
  • ID#: 240002555
4
Beds
4
Baths
0
½ Baths
0.27
Acres
2,437
SQFT
$1,025
$/SQFT
1990
Built
Neighborhood:
Solana Beach
County:
San Diego
Area:
Solana Beach (92075)
Property Description
The townhomes located at 838 and 840 Valley were extensively renovated in the latter part of 2022 and into 2023. They are now occupied by outstanding tenants, each property bringing in a monthly rent of $5,500. These townhomes feature two large bedrooms, each paired with its own full bathroom, essentially providing dual master suites on the upper floor. The interiors have been modernized with stylish flooring, kitchen designs, and bathroom updates. Further enhancements encompass new garage doors for each single-car garage and tasteful landscaping. The peaceful setting and ample parking are additional perks that are valued. 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.
Exterior Features

Exterior Stucco Fencing Partial Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Roof Tile/Clay Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 2 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 1 Half Baths Unit2 1 Stories 2 Story Total Baths Unit1 3 Total Baths Unit2 3 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 1 Units With Fireplaces 2 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 1

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community SOLANA BEACH Complex Park Solana Beach Cross Streets Stevens and Valley Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 132000 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Possession Other/Remarks Sales Restrictions N/K Security N/K Short Sale No Tenant Pays TrashWaterCable TVElectricityGas/PropaneHot Water Terms Cal VetCashConventionalExchangeFHAVA Unit Number For Unit1 838 Unit Number For Unit2 840 Unit1 Deposit 5500 Unit1 Occupied Tenant Unit1 Projected Rent 5500.0 Unit1 Rent Actual 5500.0 Unit2 Deposit 5500 Unit2 Occupied Tenant Unit2 Projected Rent 5500.0 Unit2 Rent Actual 5500.0 Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Talechia Plumlee-Baker of Compass: 858-229-2181. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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