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1160 Grand Ave San Diego, CA 92109
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Key Details
Sold Price $1,900,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,865 sqft
Price per Sqft $1,018
Subdivision Pacific Beach
MLS Listing ID 220021837
Style Detached
Bedrooms 3
Full Baths 3
Year Built 1947
Lot Size 6,217 Sqft
Property Sub-Type Detached
Property Description
Incredible investment opportunity on a large lot with alley access, only 4 blocks from Crystal Pier. The Grand On Grand! Plans for 8 units included. 7200 sq ft planned residential development with projected value at over $6,000,000. Complete communities with R-M-2-5 zoning. Potential for $29,000-$30,000 gross income per month with a mix of 5 eight hundred sq ft one bedroom units, and 3 one thousand plus sq ft two bedrooms. Upstairs units feature massive terraced rooftop decks with potential ocean views. 5 off street parking spaces included in current plan. Property is currently configured as a duplex. Tenants on short term leases. Please call to have all your questions answered regarding the potential development.
Location
State CA
County San Diego
Community Pacific Beach
Area Pacific Beach (92109)
Zoning R-M-2-5
Rooms
Family Room 10x10
Dining Room 8x8
Kitchen 8x10
Interior
Heating Natural Gas
Equipment Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Gas Stove
Laundry Closet Full Sized
Exterior
Exterior Feature Stucco
Parking Features None Known
Fence Partial
Roof Type Composition
Building
Story 1
Sewer Sewer Connected
Water Meter on Property
Others
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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