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$ 2,500,000
Est. payment | /mo
6,255 Sqft Lot
$ 2,500,000
Est. payment | /mo
6,255 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Pending
Purchase Type For Sale
Subdivision Point Loma
MLS Listing ID 240014065
HOA Y/N No
Lot Size 6,255 Sqft
Acres 0.14
Property Description
SHOVEL READY BUILD OPPORTUNITY! Don't miss out on this centrally located coastal opportunity that is minutes to the beach and minutes to all of the new development coming to Midway! This 16 unit complex offers the density and design desired by located investors and renters alike. This property bodes 16 total units with a mix of: SIX 1 Bedroom 1 Baths TWO 2 Bedroom 1 Baths EIGHT 1 Studio Visitor Accommodation Units With this rental mix you are currently allowed to rent the 8 Studio Visitor accommodation units as Short Term rentals as they are zoned as visitor accommodation units. This would not preclude long term rent if they is the desired investment strategy around. This property is shovel ready and all plans and required fees are attached to the listing for review. If you are looking for your next crown jewel property look no further. If you are looking for seller financing as well, that is available with the appropriate terms.
Location
State CA
County San Diego
Community Point Loma
Area Ocean Beach (92107)
Zoning RM 2-5
Exterior
Fence Other/Remarks
Building
Lot Size Range 4000-7499 SF
Water Meter on Property
Others
Ownership Fee Simple
Miscellaneous Value in Land,N/K
Acceptable Financing Cash, Exchange, Seller May Carry
Listing Terms Cash, Exchange, Seller May Carry
Listed by Andrew T Greer • Real Broker
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Lili Patch
REALTOR® | Lic# DRE 02003440