Property Detail
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.
Map Location
Listing provided courtesy of Amy Ali of Agency West. Last updated 2026-06-02 08:11:28.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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