Description
4 Unit Property on the border of Point Loma and Ocean Beach, with views towards Mission Bay and Seaworld. The property currently consists of 2 buildings, and a total of 4 units. This is an excellent opportunity for an investor or developer looking to renovate and/or rebuild, and maximize the income potential of this property. This site is located within a Transit Priority Area and is part of the city-wide density incentive program Complete Housing Community Solution, which will allow approximately 12,412 sqft of building space with the Coastal Overlay. (Full report can be provided upon request.) The front building consists of a 3 bed, 2 bath and a 2 bed, 1 bath. Total sqft is approximately 2,243 sqft + a 200 sqft garage. The back building consists of two 1 bed, 1 bath units, totaling 1,028 sqft + 528 sqft of garage space. One 1-car garage has been converted to an additional bedroom. Three units are currently occupied by long-term tenants. The property is located within 2 miles of the Pacific Ocean and steps to restaurants and shopping on the rapidly improving Voltaire Street corridor. Additionally, there is great ingress and egress to the 8 freeway, giving residents easy access to everything else San Diego has to offer.
-
7BEDS
-
0.15ACRES
-
5BATHS
-
01/2 BATHS
-
3,271SQFT
-
$608$/SQFT
Description
4 Unit Property on the border of Point Loma and Ocean Beach, with views towards Mission Bay and Seaworld. The property currently consists of 2 buildings, and a total of 4 units. This is an excellent opportunity for an investor or developer looking to renovate and/or rebuild, and maximize the income potential of this property. This site is located within a Transit Priority Area and is part of the city-wide density incentive program Complete Housing Community Solution, which will allow approximately 12,412 sqft of building space with the Coastal Overlay. (Full report can be provided upon request.) The front building consists of a 3 bed, 2 bath and a 2 bed, 1 bath. Total sqft is approximately 2,243 sqft + a 200 sqft garage. The back building consists of two 1 bed, 1 bath units, totaling 1,028 sqft + 528 sqft of garage space. One 1-car garage has been converted to an additional bedroom. Three units are currently occupied by long-term tenants. The property is located within 2 miles of the Pacific Ocean and steps to restaurants and shopping on the rapidly improving Voltaire Street corridor. Additionally, there is great ingress and egress to the 8 freeway, giving residents easy access to everything else San Diego has to offer.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.