6937 KELLYN Lane, Vista, CA, CA 92084

$1,740,000

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List Price
$1,740,000
Status
ACTIVE
MLS#
NDP2604925
County
San Diego
Year Built
2019
Building Square Feet
2,054
Square Feet
111,949
Days on Market
132
Property Type
Multifamily
Virtual Tour 1
https://properties.aerial9.com/6937-39-Kellyn-Ln-Vista-CA-92084-USA?mls=

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.

Additional Information

Parcel Number
1274107000
Gross Scheduled Income
$85,800
Operating Expense
16430
Net Operating Income
$44,000
Number of Buildings
2
Lot Features
Agricultural, Cul-De-Sac, Front Yard, Gentle Sloping, Horse Property, Lawn, Landscaped, Orchard(s), Pasture, Rolling Slope, Ranch, Secluded, Street Level, Value In Land, Yard
Appliances
Dryer, Washer
Pool
Yes
Garage Spaces Total
3
Sewer
Septic Tank
Community Features
Foothills, Hiking, Horse Trails, Stable(s), Mountainous, Rural, Valley

Listing courtesy of Listing Agent: Amy Ali (amy@agencywestgroup.com) from Listing Office: Agency West.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.