Sold

1160 Grand Ave

Pacific Beach CA, 92109

$1,900,000


$1,018.77 per sqft

Sold

3 Beds

3 Baths

1,865 sqft

Residential

Built in 1947

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.

220021837

MLS ID

August 23, 2022

Listed

February 10, 2024

Updated

Map

1160 Grand Ave
Pacific Beach CA, 92109

Interior Features

Total Stories

1


Bedrooms

3 Beds


Bathrooms

3 Baths


Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Cooktop


Laundry Description

Laundry Closet, Gas Electric Dryer HU


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas, Wall/Gravity

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Composition


Sewer

Sewer Connected

Other Property Details

Area Name

Coastal South


Days on Market

9


Garage

No


Parking

Garage(None Known), Non-Garage(Driveway)


Parking Total

6


View

No


County

San Diego


Water Source

Meter on Property


Pool

No


Pool Features

None


Zoning

R-M-2-5


Buyer Agency Compensation

2%

Listed by Keller Williams La Jolla, Seth Robinson,
Listing Contact: 858-922-7081 

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