Lineage Real Estate
Michael R. Traa, Lineage Real EstatePhone: (858) 405-6779
Email: [email protected]
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listing
1 of 39
Residential Income
$6,500,000
1558 60 Summit Avenue
Cardiff By The Sea, CA 92007
Listed by Heather Mattlin DRE#02095265 [email protected] Keller Williams Realty
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$33,652/mo

Approximately 3,100sf main home with 4 additional rental units providing substantial income opportunity with 11 off street parking spots plus 5 garage spaces. Experience coastal living at its finest in this prestigious Composer District property in Cardiff. Perched on a large .29 acre lot to capture stunning white water ocean views, this property seamlessly combines luxury with investment potential. The main residence exudes elegance, featuring ocean views all the way to La Jolla with awe-inspiring sunsets off of the extra large balcony with custom gazebo perfect for entertaining. This home also features an extra office space/ craft room, a large storage area, oversized private 3 car garage pre-wired for electric car charging, a whole house water filtration system and a personal Elevator coming up from the private laundry room off of the garage. The main home features a solar energy system with battery bank for the main house that is fully paid for. The outdoor pool area provides a serene escape for relaxation and entertainment with a built-in gas fireplace and is currently set up as primary use for the main house. Investment potential is further enhanced by four distinctive rental units: Three of the large units offer tenants breathtaking ocean panoramas, elevating their living experience. The fourth unit is a charming studio, adaptable to guests or creative use. Additional highlights include abundant off-street parking, a dedicated 2 car garage for the rental units, ample storage areas and a prime coastal location in Cardiff. With stability in tenant occupancy, this estate presents not only a luxurious living opportunity but also a smart investment choice. Seize the chance to own an extraordinary slice of Cardiff's coastal charm

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