701 Valley Ave

701 Valley Ave

D

Solana Beach, CA 92075

$2,499,900

Beds

3

Baths

2

Sqft

1,026

Year Built

1954

Days on Market

14

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

Zillow Rent Zestimate

$4,586
Monthly Cashflow
$-14,422

Mortgage (P+I)
$12,641
Cap Rate
-0.85%
Cash-on-Cash
-34.61%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.36
Break-even Rent
$18,641

NOI (Annual)
$-21,371
Price-to-Rent

Lower = better for investors

45.4

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

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