$3,950,000
Active
19 Days Online
0 Beds0 Baths0 SQFT
Active

1466-72 Pescadero Dr San Diego, CA 92107

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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.

  • Property TypeMulti-Family
  • NeighborhoodOcean Beach
  • CountySan Diego
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site19 Days
  • MLS StatusActive
  • MLS ID Number240010100
  • Home Size Source N/A
  • Year Built1955
  • Lot Size0.19 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Sewer Sewer Connected
  • Terms CashConventionalFHAVA
  • Stories 1 Story

Interior Features

  • Cooling Wall/Window

Exterior Features

  • Frontage Ocean/Bluff
  • Siding Vinyl
  • View OceanPanoramicPanoramic Ocean
  • Roof Composition

Community Features

  • Sales Restrictions N/K
  • Spa Yes
  • Age Restrictions N/K
  • Security Features N/K
  • Pets Yes
  • Neighborhood Sunset Cliffs

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Monthly Payment (Est.)

$20,896
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