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Key Details
Sold Price $1,900,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,865 sqft
Price per Sqft $1,018
Subdivision Pacific Beach
MLS Listing ID 220021837SD
Sold Date 10/15/22
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1947
Lot Size 6,216 Sqft
Property Description
Incredible investment opportunity on a large lot with alley access, only 4 blocks from Crystal Pier. The Grand On Grand! Plans for 8 units included. 7200 sq ft planned residential development with projected value at over $6,000,000. Complete communities with R-M-2-5 zoning. Potential for $29,000-$30,000 gross income per month with a mix of 5 eight hundred sq ft one bedroom units, and 3 one thousand plus sq ft two bedrooms. Upstairs units feature massive terraced rooftop decks with potential ocean views. 5 off street parking spaces included in current plan. Property is currently configured as a duplex. Tenants on short term leases. Please call to have all your questions answered regarding the potential development. Equipment: Dryer, Washer Sewer: Sewer Connected Topography: LL
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning R-M-2-5
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Driveway, Other
Fence Partial
Pool None
Roof Type Composition
Total Parking Spaces 6
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4230531100
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Bought with Brian Bush • Datashare CLAW Default Office Don't Delete