For Sale
$2,614,000

12471 Mirar De Valle RdValley Center, CA 92082

Luxury 3-unit income property, 7.97 acres

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Valley Center, CA property offers a unique investment opportunity with three income-generating units on 7.97 acres. The main residence, a modernized Mediterranean-style home, operates as a highly successful Airbnb with nearly 100 five-star reviews and boasts extensive high-end upgrades, including a saltwater pool and spa. A second, fully remodeled 2-bedroom, 1-bathroom home provides consistent long-term rental income. A third unit, a 1,512 sq ft manufactured home, adds to the portfolio's revenue. The property also includes a mature avocado grove, professionally managed for optimal yield and significant tax benefits. The total square footage across all three units is 4,930 sq ft, built in 1993 and 2020 (with 2020 renovations). The property features a deep water well providing 45 gallons per minute, ensuring ample water for landscaping and the avocado grove. Additional amenities include ample parking, RV parking, exterior storage buildings, and a fully owned solar system. Conveniently located minutes from Escondido's amenities and close to hiking trails, this turnkey investment boasts strong annual revenue projections of $180,000-$230,000 from multiple income streams, including Airbnb, long-term rentals, and the avocado grove. Established businesses and LLCs convey with the sale. All financial records, inspections, and plat maps are available upon request. The property is zoned RM and Agriculture.

Highlights

  • $2,614,000 asking price for a three-unit multifamily property.
  • Turnkey operation with established businesses and LLCs included in the sale.
  • Generates strong annual revenue of $180,000 - $230,000 from diverse income streams, including Airbnb rentals and an avocado grove.
  • Significant tax advantages due to the productive avocado grove.

Property Details for 12471 Mirar De Valle Rd

Property type
Residential income homes
Square Feet
4,930 SF
Year Renovated
2020
Buildings
3
Stories
1
Lot Size (sq. ft)
347,173 SF
Units
3

Location Insight

City
Valley Center
County
San Diego
State
California
Latitude
33.2091578
Longitude
-117.0614472
12471 Mirar De Valle Rd, Valley Center, California

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12471 Mirar De Valle Rd
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