838 Valley Avenue

Solana Beach, CA 92075

$2,498,999
Price
4
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

The townhomes located at 838 and 840 Valley were extensively renovated in the latter part of 2022 and into 2023. They are now occupied by outstanding tenants, each property bringing in a monthly rent of $5,500 (each unit has long term tenants in place). These townhomes feature two large bedrooms, each paired with its own full bathroom, essentially providing dual master suites on the upper floor. The interiors have been modernized with stylish flooring, kitchen designs, and bathroom updates. Further...The townhomes located at 838 and 840 Valley were extensively renovated in the latter part of 2022 and into 2023. They are now occupied by outstanding tenants, each property bringing in a monthly rent of $5,500 (each unit has long term tenants in place). These townhomes feature two large bedrooms, each paired with its own full bathroom, essentially providing dual master suites on the upper floor. The interiors have been modernized with stylish flooring, kitchen designs, and bathroom updates. Further enhancements encompass new garage doors for each single-car garage and tasteful landscaping. The peaceful setting and ample parking are additional perks that are valued. 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.

Listing Agent

  1. Talechia Plumlee-Baker

    Talechia Plumlee-Baker

    Listing Agent

    Compass

    DRE #01730523

Property Details for 838 Valley Avenue

Zoning
R-2:MINOR
Cross Streets
Stevens and Valley
Area
Solana Beach (SOL)
Lot Size Area
11615
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly
Assessor Parcel Number
298-283-64-00

Location

Listing Courtesy of Compass, Talechia Plumlee-Baker, DRE #01730523
Add your commute
LISTING UPDATED: 05/23/2024 11:52 AM

Property Details for 838 Valley Avenue

StatusActive
MLS #240008012SD
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1990
Lot Size0.27 AC / 11,615 SF
CountySan Diego County

Location

Listing Courtesy of Compass, Talechia Plumlee-Baker, DRE #01730523
Add your commute

Building Information for 838 Valley Avenue

Stories2Residences-Year Built1990Building Size-Lot Size0.27 AC / 11,615 SF

Payment Calculator

$14,894 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,638

Property Taxes

$1,256

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 838 Valley Avenue

Community / Development
Community / Development
  • Complex Name: Solana Beach
  • Number Of Units: 2
  • Builders Tract Name: Solana Beach
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 2
  • View: No
  • Security Features: None
Contract Info
Contract Info
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $.00
  • Gross Scheduled Income: $132,000
  • Cap Rate: .00%
  • Gross Rent Multiplier: $.00
  • Other Income1: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.27
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: None
Exterior Features
Exterior Features
  • Pool: No
  • Spa: No
  • Fence: Partial
Lease Terms
Lease Terms
  • Listing Terms: Cal Vet Loan, Cash, Conventional, Exchange, FHA, VA
  • Tenant Pays: Cable TV, Electricity, Gas/Propane, Hot Water, Trash Collection, Water
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $5,500.00
  • Unit Actual Rent: $5,500.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Rent: $5,500.00
  • Unit Actual Rent: $5,500.00
  • Unit Projected Rent: $5,500.00
  • Like Units: 1

Property History for 838 Valley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 838 Valley Avenue

Taxable ValueLand$946,501Additions$328,374Total$1,274,875
Tax Record2021$15,068 ($1,256 / month)
Home Facts
Total Finished SqFt2,352 SqFtAbove Grade Finished SqFt2,352 SqFtLot Size11,615 SqFtStyleDuplexYear Built1990Year Renovated1990ZoningR-2:MINOR MULCountySAN DIEGOAPN298-283-64-00

Schools near 838 Valley Avenue

This home is within Solana Beach Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Solana Vista Elementary School
PublicK to 3

Skyline Elementary School
PublicK to 6

Earl Warren Middle School
Public7 to 8

Torrey Pines High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

838 Valley Avenue is a multi-family home for sale in Solana Beach, CA 92075. This property was listed for sale on April 13, 2024 by Compass, it's currently listed at $2,498,999. It has been on the market for a total of 47 days and was last sold on September 23, 2021. This listing's school districts are Solana Beach Elementary School District, San Dieguito Union High School District. Nearby schools include Solana Vista Elementary School, Skyline Elementary School and Earl Warren Middle School. 838 Valley Avenue is a 4-bed, 6-bath, multi-family home built in 1990.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Talechia Plumlee-Baker, DRE #01730523

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.