Solana Beach, California
Solana Beach, California 92075 - Excellent location in Solana Beach. 1/2 mile to the Del Mar Race Track and 1 mile to the beach in Del Mar. Lot is over 1/3 acre. There are 5 units, all are permitted. Excellent opportunity or potential to built time share, condo, townhouses or detached houses. This parcel must be sold in conjunction with the contiguous property located at 726-732 Stevens with an APN #298-164-13-00. It is listed for sale for $2,200,000. Total lot size for both is .76 acre. Loads of POTENTIAL!!! The fifth unit is 718 1/2. It is a 1 bedroom and 1 bath with 400 sq/ft. It rents for $1,495/month It is occupied. It is permitted. The condition of the units is 5-6 out of 10. 10 being the best. The zoning is R-2 Minor Multiple. When I checked with city of Solana Beach they indicated 12 (attached) units was the maximum that could be constructed on this lot size (0.76 acre). You can get a bonus if you agree to build low income units. Any buyer needs to get his/her own information concerning what can be built on this parcel.
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Listing Courtesy of Sea Coast Exclusive Properties