San Diego, CA 92107,1466-72 Pescadero Dr
San Diego, CA 92107,1466-72 Pescadero Dr
San Diego, CA 92107,1466-72 Pescadero Dr
$3,500,000
Est. payment /mo
$3,850,000
9.1%
Est.Price: ?

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4 Beds
4 Baths
528 SqFt
SOLD DATE : 08/30/2024

Key Details

Sold Price $3,500,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 528 sqft

Price per Sqft $6,628

Subdivision Ocean Beach

MLS Listing ID 240015930

Sold Date 08/30/24

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1955

Lot Size 8,389 Sqft

Property Description

SELLER FINANCING AVAILABLE. Experience the captivating charm of oceanfront living with this extraordinary property perched on the edge of Sunset Cliffs, offering a rare opportunity to invest in premium real estate in San Diego. Comprising four units, this unique property features two identical buildings, each containing two thoughtfully designed units. Every unit includes one bedroom, one bathroom, a private living area, and a fully equipped kitchen, reflecting the pinnacle of luxurious coastal living. For those with a vision for development, this property is located within a Transit Priority Area and falls under the Complete Communities Initiative, providing a 2.5x Floor Area Ratio (FAR) with no parking requirements. This feature makes the property a prime candidate for expansion or further development. Adding to its appeal is a preexisting seawall, offering protection and stability against coastal erosion and ensuring the property's longevity. With redevelopment in mind, proposed plans for this site include converting it into a stunning three-story apartment complex, providing ample opportunity to create a truly remarkable oceanfront living experience. Embrace the beauty of coastal life and take advantage of this outstanding investment opportunity in San Diego's prestigious oceanfront real estate market.

Location

State CA

County San Diego

Community Ocean Beach

Area Ocean Beach (92107)

Building/Complex Name Sunset Cliffs

Interior

Cooling Wall/Window

Exterior

Exterior Feature Vinyl

Fence Full

View Ocean, Panoramic, Panoramic Ocean

Roof Type Composition

Building

Story 1

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $4,750

Listing Terms Cash, Conventional, FHA, VA

Financing Conventional

Pets Description Yes

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San Diego Regional MLS (SDMLS)
Listed by Marena R Aon • eXp Realty of California, Inc.
Bought with Adrian G Quijano • eXp Realty of California, Inc.
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