One-of-a-kind rural duplex on over 1 acre of land featuring two beautifully rustic 2-bedroom, 1-bathroom + detached office units nestled in the heart of breathtaking Torrey Hills. Enjoy tranquil coastal living in a country-like setting, just minutes from all the amenities of Torrey Hills and Del Mar. This 2-unit property has been a successful short and long-term rental. In-place long-term rent is $5,370 for one unit and short-term monthly revenue for 3856 has grossed up to $12k per month in the past. The property is a non-conforming legal duplex, which allows for incredible expansion potential. The base zoning of AR-1-2 alone permits 20% lot coverage, and statewide ADU laws could possibly allow for multiple ADUs to be built on the acre. Schematic design, topographic survey, and biological technical report are complete. The exceptional rental income and development potential make this property a once-in-a-lifetime investment opportunity in one of San Diego’s most desirable locations.
For sale
Price cut: $210K (6/12)
$2,785,000
3854-56 Via Del Mar, San Diego, CA 92130
4beds
--sqft
Est.:
Multi Family
Built in 1945
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Country-like settingTranquil coastal living
- 114 days
- on Zillow |
- 848 |
- 45 |
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