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SOLANA BEACH Property for sale: 838-840 Valley Ave

838-840 Valley Ave Solana Beach

Main Photo: SOLANA BEACH Property for sale: 838-840 Valley Ave
$2,499,000
Prop. Type:
2-4 Units
MLS® Num:
240008012
Status:
Active
Year Built:
1990
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.
Total Floor Area:
Switch units of measure11,615 sq. ft.
Lot Size:
E).25TO.5A
Lot Size:
Switch units of measure11,761.2 sq. ft.
Number of Buildings:
1
Number of Units:
2
Year Built:
1990
Stories:
2 Story
Total Stories:
2
Market Area:
Coastal North
Community:
SOLANA BEACH
County:
San Diego
Neighborhood Code:
Solana Beach
Name of Complex/Subdivision:
Solana Beach
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water
Other income:
0
Annual expense actual:
0
Cap Rate.:
0.0
Gross Rent Multiplier:
0.0
Gross scheduled income:
132000
Unit Number for Unit 1:
838
Finished Area for Unit 1:
Switch units of measure1,224 sq. ft.
Bedrooms for Unit 1:
2
Number of bathrooms for Unit 1:
3
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
1
Deposit for Unit 1:
5500.0
Total Rent for Unit 1:
5500.0
Projected Rent for Unit 1:
5500.0
Total Garage Spaces for Unit 1:
1
Garage for Unit 1:
Attached
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Yes
Unit Number for Unit 2:
840
Finished Area for Unit 2:
Switch units of measure1,213 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
3
Full Bathrooms for Unit 2:
2
Half Bathrooms for Unit 2:
1
Deposit for Unit 2:
5500.0
Total Rent for Unit 2:
5500.0
Projected Rent for Unit 2:
5500.0
Total Garage Spaces for Unit 2:
1
Garage for Unit 2:
Attached
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Yes
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
Stevens and Valley
Exterior Features:
Stucco
Directions:
Do not disturb Tenants
Cooling:
None
Number of Units with Cooling:
0
Number of Units with Dishwashers:
2
Number of Units with Dryers:
1
Number of Units with Fireplaces:
2
Number of Furnished Units:
0
Number of Units with Garages:
2
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
1
Roof:
Tile
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cal Vet, Cash, Conventional, Exchange, FHA, VA
Parcel Number:
298-283-64-00
Listed by Compass
Data was last updated May 9, 2024 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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