San Diego, CA 92107,1466 72 Pescadero Dr
San Diego, CA 92107,1466 72 Pescadero Dr
San Diego, CA 92107,1466 72 Pescadero Dr
San Diego, CA 92107,1466 72 Pescadero Dr
San Diego, CA 92107,1466 72 Pescadero Dr
San Diego, CA 92107,1466 72 Pescadero Dr
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$3,500,000

$3,850,000

9.1%
Est.Price: ?

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Est. payment /mo

8,389 Sqft Lot


SOLD DATE : 08/30/2024

Key Details

Sold Price $3,500,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Ocean Beach

MLS Listing ID 240015930SD

Sold Date 08/30/24

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

Area 92107 - Ocean Beach

Building/Complex Name Sunset Cliffs

Interior

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

View Y/N Yes

View Ocean, Panoramic

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4482420200

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Conventional

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California Regional MLS (CRMLS)
Listed by Marena Aon • eXp Realty of California, Inc.
Bought with Adrian Quijano • eXp Realty of California, Inc.
agent-avatar

+1(559) 593-3088

miguelsanchez@tsret.com

7475 N Palm Ave STE 105, Fresno, CA, 93711

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