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Key Details
Sold Price $2,450,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 588 sqft
Price per Sqft $4,166
Subdivision Point Loma
MLS Listing ID 240004660
Sold Date 04/11/24
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1952
Lot Size 7,500 Sqft
Lot Dimensions 50x150
Property Description
***The Price You Have Been Waiting For***Purchased in 2022 For $2,425,000 + $400,000 Remodel /Upgrades***$2,825,000 Investment ***Listed $430,000 Less Than Cost At $2,395,000***Motivated***San Diego Bay* Harbor *Ocean*Coronado *Mexico Sit Down Views***La Playa***The Crown Jewel Of Point Loma***Three On One 7,500 Sq Ft (50x150) Parcel Zoned RM-3-9***Potential For Up to 13 Units***FAR Of 2.7***Up to 25 Units Would Be Possible If Affordable Housing Was Desired*** Turn Key 2230 Sq Ft Mid Century * Two One Bedroom One Bathroom 588 Sq Ft Single Story Living***One Two Bedroom One Bathroom 1054 Sq Ft***Two Large Oversized Two Car Garages***Yard & Patios ***Common Area Laundry***Live In One Rent Two Short Term AirBNB or Two Long Term**Rent All Three Long Term Or All Three Short Term AirBNB***So Much Potential & Opportunity***Enjoy The Benefits Of Ownership With Over a Quarter Million Of Remodel Just Completed***Seller Financing @5% Available for up to $1,000,000***
***The Price You Have Been Waiting For***Purchased in 2022 For $2,425,000 + $400,000 Remodel /Upgrades***$2,825,000 Investment ***Listed $430,000 Less Than Cost At $2,395,000***Motivated***San Diego Bay* Harbor *Ocean*Coronado *Mexico Sit Down Views***La Playa***The Crown Jewel Of Point Loma***Three On One 7,500 Sq Ft (50x150) Parcel Zoned RM-3-9***Potential For Up to 13 Units***FAR Of 2.7***Up to 25 Units Would Be Possible If Affordable Housing Was Desired*** Turn Key 2230 Sq Ft Mid Century * Two One Bedroom One Bathroom 588 Sq Ft Single Story Living***One Two Bedroom One Bathroom 1054 Sq Ft***Two Large Oversized Two Car Garages***Yard & Patios ***Common Area Laundry***Live In One Rent Two Short Term AirBNB or Two Long Term**Rent All Three Long Term Or All Three Short Term AirBNB***So Much Potential & Opportunity***Enjoy The Benefits Of Ownership With Over a Quarter Million Of Remodel Just Completed***Seller Financing @5% Available for up to $1,000,000***
Location
State CA
County San Diego
Community Point Loma
Area Point Loma (92106)
Building/Complex Name Villa La Playa
Zoning RM-3-9
Interior
Heating Natural Gas
Appliance Wall/Gravity
Exterior
Exterior Feature Wood/Stucco
Parking Features Unit1:Assigned Unit2:Assigned Unit3:Assigned
Garage Spaces 4.0
Fence Full
Community Features Laundry Facilities
Complex Features Laundry Facilities
View Bay, City, Evening Lights, Ocean
Roof Type Composition
Building
Lot Description Curbs, Public Street, Sidewalks, Street Paved, West of I-5
Lot Size Range 7500-10889 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories Other/Remarks
Others
Acceptable Financing Cash, Conventional, Exchange
Space Rent $2,650
Listing Terms Cash, Conventional, Exchange
Pets Allowed Allowed w/Restrictions
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Bought with Salvatore A DeMaria • Coldwell Banker Realty
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