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$ 2,785,000
Est. payment /mo
Price Dropped by $210K
3854-56 Via Del Mar San Diego, CA 92130
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Carmel Valley
MLS Listing ID 250026460
Bedrooms 4
Year Built 1945
Property Sub-Type Res Income 2-4 Units
Property Description
One-of-a-kind rural duplex on over 1 acre of land featuring two beautifully rustic 2-bedroom, 1-bathroom + detached office units nestled in the heart of breathtaking Torrey Hills. Enjoy tranquil coastal living in a country-like setting, just minutes from all the amenities of Torrey Hills and Del Mar. This 2-unit property has been a successful short and long-term rental. In-place long-term rents are $5,995 and $5,370, with future short-term monthly bookings grossing over $8,700 per unit. The property is a non-conforming legal duplex, which allows for incredible expansion potential. The base zoning of AR-1-2 alone permits 20% lot coverage, and statewide ADU laws could possibly allow for multiple ADUs to be built on the acre. Schematic design, topographic survey, and biological technical report are complete. The exceptional rental income and development potential make this property a once-in-a-lifetime investment opportunity in one of San Diego's most desirable locations.
Location
State CA
County San Diego
Area Coastal North
Zoning AGRICULTUR
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Fence Full, Partial
Utilities Available Septic Installed
View Y/N Yes
Water Access Desc Meter on Property
View City, Evening Lights, Mountains/Hills, Valley/Canyon
Roof Type Composition
Building
Story 1
Water Meter on Property
Level or Stories 1
Others
Tax ID 307-062-04-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250026460
Listed by Gregory S Robertson Class Realty Group