701 Valley Ave

701 Valley Ave

D

Solana Beach, CA 92075

$2,499,900

Soft Appraisal Value: $2,420,000 · 3.3% above estimate

Beds

3

Baths

2

Sqft

1,026

Year Built

1954

Days on Market

59

Property Type

Single Family

HOA/mo

N/A

MLS ID

260002992SD

Description

701 Valley Ave is a best-in-class development opportunity in the heart of Solana Beach, California one of Southern Californias most coveted coastal communities. The property can be developed as a private residence (current use) with an adu/jr adu, or its fully entitled approved plans for a three-story, 6,290 square foot project that includes: -2,750 SF of professional or medical office space -Three residential units-One 3-Bedroom unit measuring 1,377 SF and two 739 SF Studio units. Situated west of Interstate 5, the Property offers an unmatched lifestyle experience, with immediate access to the beaches, top-rated schools, the Del Mar Fairgrounds, and the vibrant Cedros Design District known for its unique mix of shops, dining, and entertainment.

Mortgage Calculator

Est. Monthly Payment

$15,870

Principal & Interest$12,641
Property Tax$2,500
Insurance$729
%($499,980)
%

Investment Score

0D
Est. Monthly Rent
$5,913
Monthly Cashflow

Rent − PITIA

$-9,957
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,400

Mortgage (P+I)
$12,641
Cap Rate
-0.36%
Cash-on-Cash
-32.16%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$23,316

NOI (Annual)
$-9,110
Price-to-Rent

Lower = better for investors

35.2

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Get Expert AnalysisOpen Full Calculator