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Listed by Dan H Dennison • TXR Homes
$2,999,000
Est. payment /mo
7 Beds
5 Baths
2,775 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,775 sqft
Price per Sqft $1,080
MLS Listing ID 8P-2503660
Bedrooms 7
Full Baths 5
Year Built 1960
Lot Size 6,415 Sqft
Property Sub-Type Quadruplex
Property Description
Three of the units are residentially permitted. Per seller, Construction for this property began in 1960. Originally it was a 3 unit project. Each unit included 2 bedrooms and 1 bathroom. several years after the 3 units were built the local telephone company entered into an agreement with the owner to add storage and office space to the building to begin internet services for the community. They permitted and built the commercial space but never activated the project. The owner remodeled the space into a 477 sq,ft, Studio apartment with one bedroom and 1 bath. This unit does not have a construction permit for the residential conversion and includes a window for cross ventilation. This unit has been rented for several years. In documents for this listing there is a City of San Diego Bulletin 242 that contains information about permitting Unpermitted Accessory Dwelling Units that may be of assistance with this matter The owner had a true interest and dedication to using Solar power. Over time he had installed a 5 panel Solar System with battery backup stored in the garage of Unit 1. The seller does not have any detailed information about the Solar system except it services all units and no financial obligations. The configuration of the project is two levels with direct access at the front of each unit. Three of the units had some remodeling over time The most southern first level unit (4) had a bedroom added that is now a large Dining Room. The adjoining unit (3) had a bathroom added and direct access to the garage. The second level Southern unit (2) had a 8'x10' deck added with great coastal views. Attached in Listing information are footprints for each unit as well as illustration of how the units connect.These were recently created with digital camera technology because we could not find any As-Built floorplans It is likely that this property will be able to add an unknown number of ADU's, The lot is flat until the end of the fenced yard for the most Southern ground level unit 4. From that point the property takes a very steep drop to Coronado Ave and there is natural spring. These characteristics may inhibit how many ADU's could be added.Prior to listing we have undertaken a full Property Inspection, a camera visual inspection of the sewer line and a termite inspection. The video of the camera inspection is too large to include. Please ask to have copy of video.All of these reports are available. We do this to provide potential buyers with important information and speed up due diligence Three of these units have commanding views of the Coastline and the Ocean which significantly enhances the value of this property
Location
State CA
County San Diego
Area 92107 - Ocean Beach
Zoning R-2 : Minor Multiple
Interior
Cooling None
Fireplaces Type Family Room
Laundry Community, Dryer Included, Individual Room, Washer Included
Exterior
Garage Spaces 3.0
Pool None
Community Features Sidewalks
View Y/N Yes
View Coastline, Ocean
Building
Lot Description Steep Slope
Sewer Public Sewer
Schools
Middle Schools Dana
Others
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900