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805 San Luis Rey Place San Diego, CA 92109
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Key Details
Sold Price $1,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Mission Beach
MLS Listing ID 200005704
Sold Date 05/05/20
HOA Y/N No
Year Built 1960
Property Description
SOUTH MISSION BEACH DUPLEX OR BUILDABLE LOT! COASTAL DEVELOPMENT PERMIT APPROVED FOR: 2 NEW 4 BEDROOM / 3.5 BATH UNITS WITH 2000 APPROXIMATE SQUARE FEET OF LIVING AREA AND ATTACHED GARAGES!!!!! Currently, there are two separate houses with garages that are producing rental income. Rents are below market due to the property being for sale: Projected GSI is: $62,400. Hurry this amazing bay side property and opportunity won’t last long!!!! Wow! What an opportunity! Build 2 modern condominiums complete with all of the features and amenities that will ensure contemporary beach community living! With the Bay and Ocean just steps away this is a spectacular place to build dream homes to sell, short or long term rentals, or a second home. Most importantly, the Coastal Development Plans are approved! Mission Beach offers plenty of sand, surf & outdoor fun. Belmont Park, plenty of shops & restaurants are yours to enjoy! Neighborhoods: South Mission Beach Other Fees: 0 Sewer: Sewer Connected Unit # for Unit 1: 2695 Unit # for Unit 2: 805 Number of Furnished Units: 0 Topography: LL
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Building/Complex Name Mission Duplex
Zoning R-2 MINOR
Interior
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
Roof Type Composition
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Tax ID 4237470800
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Richard Shaw • EquityFund Financial Inc