2 Beds
2 Baths
1,176 SqFt
2 Beds
2 Baths
1,176 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,176 sqft
Price per Sqft $1,359
Subdivision Ocean Beach
MLS Listing ID PT25178635
Bedrooms 2
Full Baths 2
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1978
Lot Size 7,000 Sqft
Property Sub-Type Single Family Residence
Property Description
The existing home could use some TLC or complete redevelopment, making it a true blank canvas ready for vision. With alley access and a flat, usable footprint, the lot provides design flexibility for a range of possibilities: a custom single-family residence with outdoor space and parking, or a multi-unit build for long-term rental income or resale. The existing home being perfectly positioned on the back of the lot, with a 4 garage spaces underneath the house along the alley, allows for a plethora of options for the front of the lot. Add a second story and you will have unbelievable unobstructed ocean views as we are over 1 story above the lot to the West.
Whether you're a seasoned developer, investor looking for your next project, or somebody looking to own a piece of the beach life, this is the opportunity of a lifetime. Due to the favorable RM-1-1 zoning, there are many different development strategies including, splitting the lot and building two slot homes, rehabbing the back house and adding at least 3 more units, or building your dream home and keeping the back house for additional income potential.
Don't miss one of the last true buildable lots in Ocean Beach — bring your vision and unlock the full potential of this unique coastal property.
If this isn't a good fit for you, VERTIGO REAL ESTATE VENTURES constantly has new investment opportunities. Please call (619) 374-4019 to see active inventory!
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Zoning RM-1-1
Rooms
Main Level Bedrooms 2
Interior
Interior Features Balcony, Main Level Primary
Cooling None
Fireplaces Type Family Room
Fireplace Yes
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Parking Features Door-Multi, Direct Access, Driveway, Garage, Oversized, Private
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Dog Park, Fishing, Hiking, Urban, Park
View Y/N Yes
View Bay, City Lights, Coastline, Hills, Neighborhood, Ocean, Panoramic, Water
Porch Deck
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Front Yard, Lawn, Level, Near Park, Near Public Transit, Rectangular Lot, Street Level, Yard
Dwelling Type House
Story 1
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Schools
School District San Diego Unified
Others
Senior Community No
Tax ID 4484921000
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, VA Loan
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, VA Loan
Special Listing Condition Standard
