$3,950,000
Units: 4
11 Days On Market

Courtesy of eXp Realty of California, Inc..

Property Type: Res Income 2-4 Units
Status: Active
Neighborhood: Ca
Days On Website: 11

Property Details for 1466-72 Pescadero Dr, San Diego, CA 92107

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.

Appliances & Equipment

  • 4 units with oven
  • 4 units with refrigerator
  • 4 units with dishwasher

Building

  • 4 units
  • Built in 1955
  • 1 story
  • 1 building

Cooling

  • 4 units with cooling
  • Wall/Window

Exterior Features

  • 4 units with patio
  • Vinyl

Interior Features

  • 4 furnished units

Listing

  • Source: SDMLS
  • Listing date: 2024-05-08
  • 7 days on market
  • For Sale

Location

  • County: San Diego
  • Complex/park: Sunset Cliffs
  • Community: Ocean Beach

Lot

  • Approximately 8,389 lot square feet
  • Approximately 0 acres
  • 7,500-10,889 SF

Fence

  • Full

Unit One

  • Unit #: 1466
  • Actual Rent: $4,750
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 528 estimated square feet
  • Laundry hookups: No
  • Exclusive-use yard
  • Occupancy: Tenant

Unit Two

  • Unit #: 1468
  • Actual Rent: $4,750
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 528 estimated square feet
  • Laundry hookups: No
  • Exclusive-use yard
  • 1 non-garage parking space
  • Occupancy: Tenant

Unit Three

  • Unit #: 1470
  • Actual Rent: $4,750
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 528 estimated square feet
  • Laundry hookups: No
  • Exclusive-use yard
  • Occupancy: Tenant

Unit Four

  • Unit #: 1472
  • Actual Rent: $4,750
  • 1 bedroom
  • 1 total bathroom
  • 1 full bathroom
  • 528 estimated square feet
  • Laundry hookups: No
  • Exclusive-use yard
  • Occupancy: Tenant

Property

  • View: Ocean,Panoramic,Panoramic Ocean
  • Ocean/Bluff

Roof

  • Composition

Sewer

  • Sewer Connected

Map View


$3,950,000 - 1466-72 Pescadero Dr, San Diego, CA 92107

Street View


Directions


1466-72 Pescadero Dr
San Diego, CA 92107
County: San Diego