Residential Income For Sale – – – – Price $3,850,000 – 240015930
Property Description

SELLER FINANCING AVAILABLE. 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.

Features
: 1 story
Address Map
US
California
San Diego
San Diego
92107
Pescadero Dr
1466-72
W118° 44' 42.7''
N32° 44' 17.1''
Neighborhood
Neighborhood
Additional Information
29
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Marena
Aon
eXp Realty of California, Inc.
$0
$0
$0
$0
$0
$0
$0
7,500-10,889 sf
Sunset Cliffs
Ocean beach
Fallbrook union elementary distr
: N/k
Fallbrook union elementary distr
Fallbrook union high school dist
1

Residential Income For Sale

1466-72 Pescadero Dr, San Diego, California 92107

8,389 Sqft
$3,850,000
Listing ID #240015930
Basic Details
Property Description :

SELLER FINANCING AVAILABLE. 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.

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240015930
Price : $3,850,000
Year Built : 1955
Lot Sq Ft : 8,389 Sqft
Style : Res income 2-4 units
Unit 1 # Bedrooms : 1
Unit 2 # Bedrooms : 1
Unit 3 # Bedrooms : 1
Unit 4 # Bedrooms : 1
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Unit 1 # of Full Baths : 1
Unit 2 # of Full Baths : 1
Unit 3 # of Full Baths : 1
Unit 4 # of Full Baths : 1
Unit 1 Estimated SqFt : 528 Sqft
Unit 2 Estimated SqFt : 528 Sqft
Unit 3 Estimated SqFt : 528 Sqft
Unit 4 Estimated SqFt : 528 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
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