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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Data last updated 9:02 PM UTC, 11/22/2024