6937-39 Kellyn Lane | Three Rentable Spaces. Owned Solar. Zoned for a Third Structure. Two fully equipped residences plus a lower-level studio on 2.57 acres along the Vista/Bonsall border, 7 minutes to I-15. Gross rental income potential of $8,000K+/month across three spaces. Live in one residence and rent the others, or operate as a fully income-producing compound. The California farmhouse (2019) has an estimated market rental rate of $3,200+/month. The eco-steel residence (2023) has an estimated rental rate of $3,500+/month with a separate lower-level unpermitted studio at $additional/month if permitted. Both homes are fully electric with owned solar and SDG&E bills were $0 for three consecutive summer months in 2025. Total documented annual utility cost: $6,807. Water lines are separable, shifting remaining utility costs to tenants and improving NOI without capital investment. Property is zoned to support construction of a third structure, adding long-term income upside not reflected in current numbers. Floor-to-ceiling windows, panoramic hillside views, Trex decking, mini-split HVAC, Tesla charging, rainwater irrigation, and separate laundry in each residence. Minimal deferred maintenance with the primary income-producing structure just three years old. Gross scheduled income: $85,800/year. Operating expenses documented. Shown by appointment. NOTE: Studio is not permitted and should be in order to create legal rental.
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DAYS ON MARKET
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13
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LAST UPDATED
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5/21/2026
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YEAR BUILT
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0
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COUNTY
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San Diego
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STATUS
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Active
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PROPERTY TYPE(S)
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Multi Family
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| LOT |
2.57 acre(s) |
| LOT DESCRIPTION |
Cul-De-Sac |
| LOT DIMENSIONS |
2 to 4 AC |
| POOL DESCRIPTION |
In Ground |
| SEWER |
Septic Tank |
| STORIES |
2 |
Listed with Agency West
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