This wonderful Beach side rental is just a couple feet from the sand.... Over 10 years of steady Vacation Rental operations. Opportunity to improve and dramatically increase revenue. Near Ocean Front Dining and just a few steps more to Olde Del Mar Village for shopping additional restaurants and so much more. Listed below current appraisal and it wont last. Seller says rental information as follows: Actual annual rents currently $180,000 gross. Proforma rents are currently $275,000 as follows: $11,000 weekly from June 1 to Oct 1; and, $12,000 monthly in the off season Oct 1 to June 1. Therefore after 10% annual vacancy (actual vacancy much less), and $41,250 management, and $6,000 maintenance, the proforma net operating income is $200,250! Summer Rentals keep it occupied full time, so please pre-qualify real buyers before we interrupt peoples vacation.
Off market
Zestimate®
$6,694,600
1817-1819 Coast Blvd, Del Mar, CA 92014
6beds
2,800sqft
Multi Family
Built in 1960
-- sqft lot
$6,694,600 Zestimate®
$2,391/sqft
$15,215 Estimated rent
Owner options
What's special
Zillow last checked: 16 hours ago
Source: Willis Allen Real Estate,MLS#: NDP2404989
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Lot
- Size: 4,538 sqft
Details
- Parcel number: 2991441300
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Del Mar
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Estimated market value
$6,694,600