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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
Listing Status Pending
Purchase Type For Sale
Subdivision Point Loma
MLS Listing ID 240014065SD
HOA Y/N No
Lot Size 6,255 Sqft
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
Area 92107 - Ocean Beach
Zoning RM 2-5
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available, Phone Available, See Remarks
View Y/N No
Present Use Commercial,Residential
Others
Senior Community No
Tax ID 4498670100
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Listed by Andrew Greer • Real Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "