Seller's Agent in 2025
Talechia Plumlee-Baker
Compass
(858) 229-2181
2 in this area
139 Total Sales
842 Valley Ave Solana Beach, CA 92075
4
Beds
4
Baths
1,582
Sq Ft
8,712
Sq Ft Lot
Highlights
- Partially Fenced Property
- Skyline Elementary School Rated A
- 1-Story Property
About This Home
As of January 2025This versatile property ensemble features 3 units, feasibility study reveals potential for 1 adu and a Jr/adu(500ft) Property features Two updated studio apartments and a fully furnished, standalone single-family home, presenting a lucrative investment opportunity. The studio apartments were leased at $2,900 and $2,500 respectively, boasting contemporary renovations that include modern kitchens, elegant bathrooms, and inviting patios. These units are occupied by long-term tenants and come with the convenience of four parking spaces. The crown jewel of this property is the single standing home. It offers a spacious yard, two bedrooms, and two bathrooms. The open-concept kitchen is equipped with modern finishes, enhancing the home's appeal. Currently listed on Airbnb, it has ongoing reservations, with an estimated monthly income of $8900/month. This arrangement makes the home ideal for both short-term and long-term rental scenarios, or owner occupied. Each element of this property has been thoughtfully updated.The diversity of the units – from the cozy studios to the single standing home – makes this a versatile and attractive investment. With its combination of steady rental income and potential for growth, this property stands as an exceptional opportunity for investors seeking a balanced and profitable real estate portfolio. 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.
Last Agent to Sell the Property
Compass License #01730523 Listed on: 10/28/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 8,905 Sq Ft Lot
- Partially Fenced Property
Home Design
- Composition Roof
Additional Features
- 1-Story Property
- Cooling System Mounted To A Wall/Window
Community Details
- 2 Buildings
- 3 Units
- Solana Beach Community
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 298-283-63-00
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2025 01/02/25 | Sold | $1,980,000 | -1.0% | $1,252 / Sq Ft | |
| 11/15/2024 11/15/24 | Pending | -- | -- | -- | |
| 10/28/2024 10/28/24 | For Sale | $2,000,000 | +25.0% | $1,264 / Sq Ft | |
| 09/24/2021 09/24/21 | Sold | $1,600,000 | -- | $1,011 / Sq Ft | View Prior Sale |
| 07/09/2021 07/09/21 | Pending | -- | -- | -- |
Source: San Diego MLS
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 | $19,425 | $1,697,932 | $1,538,751 | $159,181 |
| 2024 | $19,425 | $1,664,640 | $1,508,580 | $156,060 |
| 2023 | $19,034 | $1,632,000 | $1,479,000 | $153,000 |
| 2022 | $18,753 | $1,600,000 | $1,450,000 | $150,000 |
| 2021 | $12,972 | $1,054,802 | $965,979 | $88,823 |
| 2020 | $12,872 | $1,043,988 | $956,075 | $87,913 |
| 2019 | $12,653 | $1,023,519 | $937,329 | $86,190 |
| 2018 | $12,407 | $1,003,450 | $918,950 | $84,500 |
| 2017 | $181 | $983,776 | $900,932 | $82,844 |
| 2016 | $11,511 | $964,487 | $883,267 | $81,220 |
| 2015 | $11,327 | $950,000 | $870,000 | $80,000 |
| 2014 | $12,059 | $1,025,606 | $975,444 | $50,162 |
Source: Public Records
Agents Affiliated with this Home
-
Talechia Plumlee-Baker
-
Alison Sorley
Buyer's Agent in 2025
Alison Sorley
Coldwell Banker Realty
(619) 200-0801
1 in this area
43 Total Sales
-
Dane Soderberg
Seller's Agent in 2021
Dane Soderberg
Compass
(858) 337-1417
14 in this area
111 Total Sales
-
G
Seller Co-Listing Agent in 2021
Gavin Barnes
Compass
-
Twana Rasoul
Buyer's Agent in 2021
Twana Rasoul
Compass
(619) 792-8295
2 in this area
198 Total Sales
Map
Source: San Diego MLS
MLS Number: 240025497
APN: 298-283-63-00
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