$1,875,000
$1,595,000
17.6%For more information regarding the value of a property, please contact us for a free consultation.
5059 2 Del Monte Ave San Diego, CA 92107
6,603 Sqft Lot
Key Details
Sold Price $1,875,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Ocean Beach
MLS Listing ID 230011041SD
Sold Date 07/24/23
HOA Y/N No
Year Built 1938
Lot Size 6,603 Sqft
Property Description
Exceptional development opportunity in prime Ocean Beach! Located just one property away from the oceanfront, this RM2-4 zoned property is mostly level and situated on a rare corner lot with street and alley access. Occupying just a fraction of this lot's potential is an existing 2-story duplex with 1BR plus office/1BA downstairs and 1BR/1BA upstairs. Alley corridor ocean views from upstairs and shared laundry shed downstairs! Both units have approximately 660sf of living space and are in need of repair and updating. Existing building sits elevated off street at back of the lot and has two uncovered driveway parking spaces. Amazing location within walking distance to Ocean Beach business district, restaurants, coffee shops, OB Pier and Sunset Cliffs. Great potential for savvy buyer to develop this lot into a spectacular single family home or 2 new units!
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Zoning R-4
Interior
Heating See Remarks
Cooling None
Fireplace No
Exterior
Fence Partial
Pool None
View Y/N Yes
View Ocean
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4480610600
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Matthew Tovey • Berkshire Hathaway HomeServices California Properties