Sold

1466-72 Pescadero Dr

Ocean Beach CA, 92107

$3,500,000


$1,657.20 per sqft

Sold

4 Beds

4 Baths

2,112 sqft

Multi-family

Built in 1955

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.

240015930

MLS ID

July 11, 2024

Listed

November 22, 2024

Updated

Map

1466-72 Pescadero Dr
Ocean Beach CA, 92107

Interior Features

Total Stories

1


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Appliances

Dishwasher, Range/Oven, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.19 Acres


Roof

Composition

Other Property Details

Area Name

Coastal South


Days on Market

29


Garage

No


View

Yes


View Description

Panoramic


County

San Diego


Pool

No

Listing History

Date

Event

Price

8/31/2024

Sold

$3,500,000

8/9/2024

Pending

Listed by eXp Realty of California, Inc., Marena R Aon,
Listing Contact: 619-592-0404 

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