$1,650,000
$1,595,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,200 SqFt
SOLD DATE : 03/20/2024
Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $1,375
Subdivision Bay Park
MLS Listing ID 240006098
Sold Date 03/20/24
Bedrooms 3
Full Baths 3
HOA Y/N No
Year Built 1976
Lot Size 4,000 Sqft
Property Description
Updated, two unit property in highly sought after Bay Park neighborhood! Paid for and approved city plans to create a third unit by converting current workshop space and have a triplex in one of San Diego's most desirable neighborhoods! The opportunities are endless for an owner looking to move in and have a separate space for family or create rental income. Or for an investor seeking to build out the property to its maximum value! Perched on top of the Overlook Heights pocket of Bay Park, this property has expansive and panoramic Ocean and Bay views out towards Mission Bay, SeaWorld, Downtown and Point Loma. The massive, wrap around deck from the upper unit will allow you a front row view to endless sunsets and the SeaWorld firework show. Just a short walk to the beautiful campus of USD. See Supplement.
The upper unit is a large, two bedroom, two bath 1,200 square foot space. The lower unit is a large one bedroom, one bath, with approx 700 square feet of living space. Both have private outdoor space. Next to the lower unit is a workshop space that can be converted into an ADU, creating a third unit. Fully paid for and approved city plans to build 700 square foot ADU in workshop space. No wait to build - can start ADU buildout immediately!
Location
State CA
County San Diego
Community Bay Park
Area Old Town Sd (92110)
Interior
Heating Electric
Appliance Wall/Gravity
Exterior
Exterior Feature Stucco, Wood/Stucco
Fence Partial
View Bay, City, Ocean, Panoramic
Roof Type Rolled/Hot Mop
Building
Story 2
Lot Size Range 4000-7499 SF
Sewer Septic Installed
Water Available
Level or Stories 2 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $3,695
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Jamal Helewa • Compass