NOT LISTED FOR SALE
4 Beds
4 Baths
1,582 Sq Ft
8,905 Sq Ft Lot

Sale Details

Date Sold: January 2, 2025

Last sale price $1,980,000 $1,252 Per Sq Ft

17 Days on Market

Highlights

  • Partially Fenced Property
  • Skyline Elementary School Rated A
  • 1-Story Property

About This Home

As of January 2025

This 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

Talechia Plumlee-Baker

Compass License #01730523 Listed on: 10/28/2024

Compass

Last Buyer's Agent

Alison Sorley

Coldwell Banker Realty License #01488503

Coldwell Banker Realty
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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

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

8,905 Sq Ft Lot

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal North
  • Cross Street: stevens and valley
  • Neighborhood: Solana Beach
  • Supplement: 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.
  • Stories: 1 Story
  • Sale Price List Price: 0.99
  • Total Stories: 1
  • Year Built: 1945
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Fencing: Partial
  • Roof: Composition

Utilities

  • Cooling: Wall/Window

Condo/Co-op/Association

  • Complex Name: Solana Beach
  • Community: SOLANA BEACH
  • Manager Name: Monarch
  • Manager Phone: 8582292181

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Zoning: R-2:MINOR
  • Assessor Parcel Number: 298-283-63-00
  • Estimated Lot Sq Ft: 8905
  • Estimated Number of Acres: 0.2
  • Map Code Column: G
  • Map Code Page: 1187
  • Map Code Row: 1

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 3
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 3
  • Number Of Units With Dishwashers: 3
  • Number Of Units With Dryers: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 3
  • Number Of Units With Refrigerator: 3
  • Number Of Units With Washers: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 4, 2024
Sold by
Bought by
Seller's Agent
Talechia Plumlee-Baker
Compass
Buyer's Agent
Alison Sorley
Coldwell Banker Realty
List Price
$2,000,000
Sold Price
$1,980,000
Premium/Discount to List
-$20,000
-1%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,485,000
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,198,593
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 7, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 11, 2006
Sold by
Bought by

Purchase Details

Closed on
May 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 1993
Sold by
Bought by

Purchase Details

Closed on
Mar 21, 1986
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Solana Beach, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,980,000 First American Title
$1,600,000 Chicago Title
-- None Available
-- None Available
-- None Available
-- None Available
-- None Available
$920,000 New Century Title Company
$230,000 Chicago Title Co
$145,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,493,750
Closed $1,485,000
Previous Owner $1,300,000
Previous Owner $1,198,593
Previous Owner $530,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,912 $2,019,600 $1,632,000 $387,600
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

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Map

Source: San Diego MLS

MLS Number: 240025497

San Diego MLS

APN: 298-283-63-00

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