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$3,850,000   Price Analysis
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1466-72 Pescadero Dr
San Diego, CA 92107
4 bed 4 bath 2,112 SqFt ($1822/SqFt)
8,389SqFt lot. Built 1955
Listed 2024-07-11
Ⓧ USDA Ineligible
due to price & location

near San Diego

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, th is 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 nd 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.


Presented by Marena R Aon at
eXp Realty of California Inc.


Property MLS #240015930 from SanDiegoMLS

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

4

Cooling Features: Wall/Window

Fencing: Full
Frontage Type: Ocean/Bluff

Spa Features: Yes

Lot Description: 7, 500-10, 889 SF
Lot Size Acres: 0.1925849
Lot Size Square Feet: 8389

View: Ocean, Panoramic, Panoramic Ocean

Association: No
Calculated Total Monthly Association Fees: 0
Pets Allowed: Y
Pet Features: Yes

Number of Buildings: 1
Number of Units: 4
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Square Feet: 528
Unit-2 Square Feet: 528
Unit-3 Square Feet: 528
Unit-4 Square Feet: 528
Unit 2 Total Actual Rent: 4750.0
Unit 3 Total Actual Rent: 4750.0
Unit 4 Total Actual Rent: 4750.0

Source Listing Status: ACTIVE
County: San Diego
Cross Street: Sunset Cliffs Blvd
Source Property Type: 2-4 UNITS
Area: Coastal South
Source Neighborhood: Sunset Cliffs
Parcel Number: 448-242-02-00
Park Name: Sunset Cliffs
Subdivision: OCEAN BEACH
Property Subtype: Res Income 2-4 Units
Source System Name: C2C

Listing removed 2024-07-12
$0
SanDiegoMLS
Listed 2024-07-11
$3,850,000
SanDiegoMLS
Listed 2024-05-08
$3,950,000
SanDiegoMLS
Listing removed 2015-11-13
$1,850,000
SanDiegoMLS
Listed 2015-08-14
$1,850,000
SanDiegoMLS
Sold 2014-06-07
$1,325,000
SanDiegoMLS
Relisted 2014-04-01
$1,395,000
SanDiegoMLS
Listing removed 2013-08-10
$1,395,000
SanDiegoMLS
Listed 2013-06-11
$1,395,000
SanDiegoMLS
Listing removed 2012-07-03
$1,950,000
SanDiegoMLS
Listing removed 2012-03-14
$1,950,000
SanDiegoMLS
Listed 2012-03-14
$1,950,000
SanDiegoMLS
Listing removed 2011-04-14
$2,380,000
SanDiegoMLS
Listed 2011-01-05
$2,380,000
SanDiegoMLS

Total Square Feet Living: 2112
Year Built: 1955
Building Exterior Type: Vinyl
Entry Location: No
Levels: 1 Story
Property Age: 69
Roof: Composition
Levels or Stories: 1

Sewer: Sewer Connected

Sunset View Elementary School is a public elementary school located approximately 1 miles away.
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Correia Middle School is a public middle school located approximately 1.5 miles away.
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Point Loma High School is a public high school located approximately 1.7 miles away.
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Warren-Walker School is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.