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$ 1,900,000
$ 1,995,000 4.8%
Est. payment | /mo
6,255 Sqft Lot
$ 1,900,000
$ 1,995,000 4.8%
Est. payment | /mo
6,255 Sqft Lot
Key Details
Sold Price $1,900,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 250037436
Lot Size 6,255 Sqft
Property Sub-Type Lots/Land
Property Description
Rare, shovel-ready/fully-approved (with permits paid) coastal development opportunity located in the Point Loma Neighborhood of San Diego bordering Ocean Beach. Situated on a 6,255sf lot, this project is fully entitled for a four-story 16-unit apartment (8,746 sf) complex. The following permits have been pulled & paid for: - Building - Grading - Retaining Wall - Fire Sprinkler & Alarm - Right-of-Way (ROW). Approved Unit Mix: (2) 2Bdrm/1Bath, 806sf (6) 1Bdrm/1Bath, 604sf (Includes 2 Affordable Units, 80% AMI) (8) 1Bdrm/1Bath, 417sf-504sf (Visitor Accommodation Units, Allows for Hospitality-Type Lodging, Short-Term Rentals).
Location
State CA
County San Diego
Area Coastal South
Zoning RM-3-7
Exterior
View Y/N No
Others
Acceptable Financing Cash, Other/Remarks
Listing Terms Cash, Other/Remarks
Listed by James V Carter Apartment Realty Group (ARG)
Bought with Non Subscriber Non Subscriber
Bought with Non Subscriber Non Subscriber