Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Lot size

48,351 sqft

Year built

1958

Stories

1

Heating

Forced Air,Solar

Cooling

Central Air

Pool

None

View

Ocean

Status

Active

Days on market

8

MLS #

246586404

About this property

One-of-a-kind Solana Beach opportunity offering endless possibilities, exceptional flexibility and rare development potential. Two permitted residences currently occupy the property, providing immediate income and multiple options for an owner-user, investor or developer. Per verification with the City of Solana Beach, the property allows for 2 additional single-family dwellings plus up to 4 ADUs, subject to applicable plans, permits and development requirements. Even more unique, this property has no HOA and is forever exempt. A gated estate with 150 foot easement with privacy in back and front yard. The estate provides whitewater crashing waves views from corner to corner of the property, as well as from the living room of one of the homes. Sweeping views of San Elijo Lagoon and Rancho Santa Fe, open-space secluded privacy on the top of the hill, in one of Southern California’s most desirable coastal communities. Walking distance from highly rated Solana Vista School. Create private mufti-generational estates, expand the existing residences, develop additional homes, maximize rental income or design a truly unique investment project. Opportunities like this are rarely available. Buyer to independently verify final development requirements and approvals with the City.

Location

63 Santa Victoria

Solana Beach, San Diego, CA, 92075