Solana Beach, California
Solana Beach, California 92075 - Excellent location for this 4 plex. Just 1/2 mile to the Del Mar Race Track and 1 mile to the beach in Del Mar. Units in back are townhouses and units in front are single level. All units have 2 car garages.All units are occupied.Excellent development potential with possible time share, condos, townhouses or detached houses. Lot size is .39 acre.Must be sold in conjunction with 718-724 Stevens Avenue. APN# 298-164-10-00. It is listed for $2,300,000.Total for both parcels is $4,500,000. LOADS OF POTENTIAL! The zoning for the 2 parcels is R-2 Minor Multiple. When checking at the city the lot size would accommodate up to 12 units that are attached. City also indicated more units are possible if you agree to construct low income units. Not sure about how many units would be allowed for detached homes. It is 0.76 acre combined. These two parcels offer an excellent development opportunity. Being this close to the Del Mar Race Track and Del Mar Beach lend itself to possible time share or vacation rental units. Show your Architect the parcel maps and see what he recommends.
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Listing Courtesy of Sea Coast Exclusive Properties