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$1,740,000
Est. payment /mo
2.57 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2604925
Lot Size 2.570 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
6937-39 Kellyn Lane | Three Rentable Spaces. Owned Solar. Zoned for a Third Structure. Two fully equipped residences plus a lower-level studio on 2.57 acres along the Vista/Bonsall border, 7 minutes to I-15. Gross rental income potential of $8,000K+/month across three spaces. Live in one residence and rent the others, or operate as a fully income-producing compound. The California farmhouse (2019) has an estimated market rental rate of $3,200+/month. The eco-steel residence (2023) has an estimated rental rate of $3,500+/month with a separate lower-level unpermitted studio at $additional/month if permitted. Both homes are fully electric with owned solar and SDG&E bills were $0 for three consecutive summer months in 2025. Total documented annual utility cost: $6,807. Water lines are separable, shifting remaining utility costs to tenants and improving NOI without capital investment. Property is zoned to support construction of a third structure, adding long-term income upside not reflected in current numbers. Floor-to-ceiling windows, panoramic hillside views, Trex decking, mini-split HVAC, Tesla charging, rainwater irrigation, and separate laundry in each residence. Minimal deferred maintenance with the primary income-producing structure just three years old. Gross scheduled income: $85,800/year. Operating expenses documented. Shown by appointment. NOTE: Studio is not permitted and should be in order to create legal rental.
Location
State CA
County San Diego
Community Horse Trails
Direction Directions from I-15: Exit I-15 at Gopher Canyon Road. Head west on Gopher Canyon Road, then turn right onto Kellyn Lane. Proper
Interior
Fireplace No
Exterior
Pool Below Ground
Utilities Available Septic Installed
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 1274107000
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Virtual Tour https://properties.aerial9.com/video/oRtOujxy02jV3lZx02UYNsCzeGjWe2IoAQMQOfDQpanpc
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Listed by Amy Ali, DRE#01998195 Agency West
Nearby School & Business
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