701 Valley Ave Solana Beach, CA 92075
Estimated payment $16,718/month
Highlights
- No HOA
- Views
- 1-minute walk to La Colonia Park & Skatepark
- Skyline Elementary School Rated A
- Rectangular Lot
About This Lot
701 Valley Ave is a best-in-class development opportunity in the heart of Solana Beach, California — one of Southern California’s most coveted coastal communities. The property can be developed as a private residence (current use) or it is fully entitled with approved plans for a three-story, 6,290 square foot project that includes: -2,750 SF of professional or medical office space -Three residential units - One 3-Bedroom unit measuring 1,377 SF and two 739 SF Studio units Situated west of Interstate 5, the Property offers an unmatched lifestyle experience, with immediate access to the beach, top-rated schools, the Del Mar Fairgrounds, and the vibrant Cedros Design District known for its unique mix of shops, dining, and entertainment. This premier asset provides a range of investment strategies—whether for an owner-user seeking partial occupancy with supplemental rental income or for an investor capitalizing on a prime development opportunity in a high-demand coastal market.
Listing Agent
Homecoin.com Brokerage Phone: 888-400-2513 License #01523060 Listed on: 05/14/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $17,830
Lot Details
- 9,148 Sq Ft Lot
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
- Value in Land
Additional Features
- Urban Location
- Natural Gas Connected
- Property Views
Community Details
- No Home Owners Association
- Solana Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 8 / F
- Tax Tract Number 2148
- Assessor Parcel Number 2981311400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $17,830 | $1,697,932 | $1,591,812 | $106,120 |
2024 | $17,830 | $1,664,640 | $1,560,600 | $104,040 |
2023 | $17,443 | $1,632,000 | $1,530,000 | $102,000 |
2022 | $17,168 | $1,600,000 | $1,500,000 | $100,000 |
2021 | $448 | $28,078 | $15,741 | $12,337 |
2020 | $445 | $27,791 | $15,580 | $12,211 |
2019 | $438 | $27,247 | $15,275 | $11,972 |
2018 | $431 | $26,714 | $14,976 | $11,738 |
2017 | $424 | $26,191 | $14,683 | $11,508 |
2016 | $404 | $25,679 | $14,396 | $11,283 |
2015 | $399 | $25,294 | $14,180 | $11,114 |
2014 | $394 | $24,800 | $13,903 | $10,897 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/04/2025 06/04/25 | For Sale | $2,750,000 | +71.9% | $2,680 / Sq Ft |
07/30/2021 07/30/21 | Sold | $1,600,000 | +7.0% | $1,559 / Sq Ft |
07/02/2021 07/02/21 | Pending | -- | -- | -- |
06/26/2021 06/26/21 | Price Changed | $1,495,000 | -25.1% | $1,457 / Sq Ft |
06/18/2021 06/18/21 | For Sale | $1,995,000 | -- | $1,944 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Grant Deed | $1,600,000 | Lawyers Title Company | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | None Available | |
Interfamily Deed Transfer | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $4,717,500 | Construction | |
Previous Owner | $1,120,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR25107109

APN: 298-131-14
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