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701 Valley Ave1 / 38 · Click to zoom

About this home

701 Valley Ave is a best-in-class development opportunity in the heart of Solana Beach, California - one of Southern California's most coveted coastal communities. The property can be developed as a private residence (current use) or it is fully entitled with approved plans for a three-story, 6,290 square foot project that includes: -2,750 SF of professional or medical office space -Three residential units - One 3-Bedroom unit measuring 1,377 SF and two 739 SF Studio units Situated west of Interstate 5, the Property offers an unmatched lifestyle experience, with immediate access to the beach, top-rated schools, the Del Mar Fairgrounds, and the vibrant Cedros Design District known for its unique mix of shops, dining, and entertainment. This premier asset provides a range of investment strategies-whether for an owner-user seeking partial occupancy with supplemental rental income or for an investor capitalizing on a prime development opportunity in a high-demand coastal market.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,600,000 · Jul 2021
📋 Assessed value$1,731,890
💵 Annual tax$18,177
🏫 School districtSan Dieguito Union High School District

MLS #260002992SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$15,662
Principal & interest$12,641
Property tax$2,292
Home insurance$729
Down payment: $499,980Loan: $1,999,920

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.