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

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 Site16 Days
  • MLS StatusActive
  • MLS ID Number240010100SD
  • Home Size Source N/A
  • Year Built1955
  • Lot Size0.1926 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 0
  • Number of Stories 11
  • Acreage 0.1926

Interior Features

  • Cooling Wall/ Window Unit(s)

Exterior Features

  • Roof Composition
  • View OceanPanoramic
  • Spa Yes

Community Features

  • Association Dues 0
  • Senior Community No
  • MLS Area 92107 - Ocean Beach

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Monthly Payment (Est.)

$21,087
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