NOT LISTED FOR SALE

732 Stevens Ave Solana Beach, CA 92075

8 Beds
6 Baths
-- Sq Ft
0.39 Acres

Last Sold April 27, 2021

Last sale price $2,350,000

227 Days on Market

Highlights

  • Park or Greenbelt View
  • Closed Circuit Camera
  • Partially Fenced Property
  • Skyline Elementary School Rated A
  • Forced Air Heating System
  • 1-minute walk to La Colonia Park & Skatepark

About This Home

As of April 2021

Four apartments close to the beach in Solana Beach that are west of I-5 in Eden Gardens. Located 0.5 mile to Del Mar Race Track. Two, 2/bed/ 1 bath; Two 2 bed/1.5 bath units all with garages with laundry hookups. Located next to La Colonial Park. Large lot with ample space for kids and adults to play outside. Sit back and collect the rents OR construct new condos, OR time-shares OR new apartments OR giant detached houses. Shown with offer! [Supplement]: Your chance to buy at the coast. Located in famous Eden Gardens in Solana Beach. Tenants are on month-to-month leases. Fully occupied. Large 17,000 sq/ft lot. Across the driveway are 5 units located at 718-724 Stevens Avenue. The seller wants to sell both sides at once. Total asking price for 9 units is $5,150,000. All units come with garages and laundry hook-ups. These units have all been updated in the recent past. Let your architect design new condos, new vacation rentals, new apartments or giant detached homes for this site. The land area for 726-732 Stevens is 0.39 acre. The total land area for all 9 units is 0.67 acre. This neighborhood is in transition with unique architectural designs all around this building. Worth a drive-by to see for yourself. Now is the time to act!

Last Agent to Sell the Property

Mark Bobo

Bobo Real Estate Company License #01004083 Listed on: 08/04/2020

Last Buyer's Agent

Christopher Parnell

HomeSmart Realty West License #01843304

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.39 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Park or Greenbelt Views
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • Parking Available
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2981641300

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 1/2 mile to Del Mar Rack Track

Building Details

  • Operating Expense $35,887

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Park Name: 1/2 mile to Del Mar Rack Track
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Closed Circuit Camera(s)
  • Subdivision Name Other: Solana Beach
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 2981641300
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Partial
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Uncovered

Utilities

  • Heating: Yes
  • Appliances: Gas Water Heater
  • Heating Type: Forced Air, Natural Gas

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level, Sprinkler System, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 17012.00

Multi Family

  • Gross Multiplier: 26.88
  • Gross Scheduled Income: 104160.00
  • Lot Size Area: 17012.0000 Square Feet
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Total Expenses: 35887.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2021 04/27/21 Sold $2,350,000 -4.1% --
03/19/2021 03/19/21 Pending -- -- --
11/09/2020 11/09/20 Price Changed $2,450,000 -3.9% --
08/04/2020 08/04/20 For Sale $2,550,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 200037104

California Regional Multiple Listing Service (CRMLS)