3854 Via Del Mar Unit 70 San Diego, CA 92130

The Sweet Spot, a taste of Country within the City! Zoned for Residential/Agriculture and nestled amongst other 1 acre lots, this property has a great view of the Torrey Pines grade and the Arroyo Sorrento valley below. Though the best use for this property is a custom home, it currently has a gross rent income of $3450/month generated by tenants within the duplex. Each unit is 2BR/1BA ~780SF w/ carport & shed. This offers a unique way to afford building permits and fees while you design your dream home. Surrounded by the serenity of open space preserves and by 1 acre lots with similar zoning, this neighborhood is blossoming into a beautiful collection of custom built spec. homes. Blessed with 299 linear feet of frontage there is rich opportunity for home design creativity within this gentle sloping lot. The panoramic view from this property looks over a valley of mature trees with custom homes tucked underneath. Capping the view in the distance is the east side of the Torrey Pines State Reserve. The high side of this property is adjacent to a seldom used full size tennis court, so privacy is almost assured. Ocean breezes keep the weather here moderate year round, and you are just far enough east of the Pacific Ocean to avoid most coastal fog. An ideal climate zone! You are close to major freeways, I5, I805 and SR56, but not so close as to hear traffic. Beaches and golf at Torrey Pines State Reserve are close, as well as major employment centers such as UC San Diego, Salk Institute and Qualcomm in the Sorrento Valley business district. Located in close proximity of top performing schools, restaurants, entertainment and charming coastal villages. Just a short 24 minute drive to Downtown San Diego. Truly a unique investor opportunity! While planning, designing and permitting your custom home, this property will deliver a gross rent income of $3450+ per month. That will go a long ways toward paying the estimated $55,000 in building permit fees. No HOA fees nor Mello-Roos. All utilities except sewer are already in place. The City of San Diego provides trash collection and the US Postal Service delivers to mailboxes at the curb.