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Glen Henderson

glen@phcoronado.com +1(619) 270-1180

$1,740,000

Est. payment - /mo

2.57 Acres Lot

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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 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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Glen Henderson

+1(619) 270-1180

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

Coronado Communities

6937 KELLYN Lane Vista, CA 92084

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Search All Homes and Condos for Sale in Coronado

Types of Homes for Sale In Coronado:

All Coronado Homes for Sale by MapCondos and Townhomes for Sale in CoronadoSingle Family Homes for Sale in CoronadoMulti-Family Investment Properties for Sale in CoronadoNew Construction in CoronadoRentals in Coronado

Neighborhoods in Coronado

Coronado Cays Homes for SaleCoronado Shores Condos for SaleCoronado Village Homes and Condos for SaleBayfront Homes for SaleOceanview Homes for SaleCountry Club Estates Homes for Sale

Get More Information

All Coronado Homes for Sale by Map
Condos and Townhomes for Sale in Coronado
Single Family Homes for Sale in Coronado
Multi-Family Investment Properties for Sale in Coronado
New Construction in Coronado
Rentals in Coronado

Coronado Cays Homes for Sale
Coronado Shores Condos for Sale
Coronado Village Homes and Condos for Sale
Bayfront Homes for Sale
Oceanview Homes for Sale
Country Club Estates Homes for Sale