$1,875,000
$1,595,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
660 SqFt
SOLD DATE : 07/24/2023
Key Details
Sold Price $1,875,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 660 sqft
Price per Sqft $2,840
Subdivision Ocean Beach
MLS Listing ID 230011041
Sold Date 07/24/23
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1938
Lot Size 6,605 Sqft
Lot Dimensions 44x145
Property Description
Exceptional development opportunity in prime Ocean Beach! Located just one property away from the oceanfront, this RM2-4 zoned property is mostly level and situated on a rare corner lot with street and alley access. Occupying just a fraction of this lot's potential is an existing 2-story duplex with 1BR plus office/1BA downstairs and 1BR/1BA upstairs. Alley corridor ocean views from upstairs and shared laundry shed downstairs! Both units have approximately 660sf of living space and are in need of repair and updating. Existing building sits elevated off street at back of the lot and has two uncovered driveway parking spaces. Amazing location within walking distance to Ocean Beach business district, restaurants, coffee shops, OB Pier and Sunset Cliffs. Great potential for savvy buyer to develop this lot into a spectacular single family home or 2 new units!
Location
State CA
County San Diego
Community Ocean Beach
Area Ocean Beach (92107)
Zoning R-4
Interior
Appliance Wall/Gravity, Other/Remarks
Exterior
Exterior Feature Wood/Stucco
Garage Unit1:N/K Unit2:N/K
Fence Partial
View Ocean, Other/Remarks
Roof Type Composition
Building
Lot Description Alley Access, Public Street, Sidewalks, Street Paved, West of I-5, Other/Remarks
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Available, Meter on Property
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Pets Description Yes
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Bought with Matthew Tovey • Berkshire Hathaway HomeServices California Properties