3854-56 Via Del Mar new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92130
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 725 sqft
Price per Sqft $4,131
Subdivision Carmel Valley
MLS Listing ID 250026460
Bedrooms 4
Full Baths 2
Year Built 1945
Lot Size 1.020 Acres
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
Community Carmel Valley
Area Carmel Valley (92130)
Building/Complex Name Tierra Del Sur
Zoning AGRICULTUR
Interior
Heating Electric
Cooling Central Forced Air
Exterior
Exterior Feature Stucco,Wood
Fence Full,Partial
View City,Evening Lights,Mountains/Hills,Valley/Canyon
Roof Type Composition
Building
Lot Description Cul-De-Sac
Story 1
Sewer Septic Installed
Water Meter on Property
Others
Acceptable Financing Cal Vet,Cash,Conventional,Exchange,FHA
Space Rent $5,995
Listing Terms Cal Vet,Cash,Conventional,Exchange,FHA
Pets Allowed Yes