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 were 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 $8900/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.
DAYS ON MARKET
|
24
|
LAST UPDATED
|
10/28/2024
|
TRACT
|
Solana Beach
|
YEAR BUILT
|
1945
|
COUNTY
|
San Diego
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
LOT |
8712 sq ft |
LOT DIMENSIONS |
7,500-10,889 SF |
STORIES |
1 |
SUBDIVISION |
Solana Beach |
ZONING |
R-2:MINOR |
Listed with Compass
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