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$3,950,000

Beds
4
Baths
4.0
sq ft
2,112

1466 Pescadero Dr, San Diego, CA 92107

1466 Pescadero Dr

San Diego, CA 92107

  • 54 days on market
Experience the captivating charm of oceanfront living with this extraordinary property perched on the edge of Sunset Cliffs, offering a rare opportunity to invest in premium real estate in San Diego. Comprising four units, this unique property features two identical buildings, each containing two thoughtfully designed units. Every unit includes one bedroom, one bathroom, a private living area, and a fully equipped kitchen, reflecting the pinnacle of luxurious coastal living. For those with a vision for development, this property is located within a Transit Priority Area and falls under the Complete Communities Initiative, providing a 2.5x Floor Area Ratio (FAR) with no parking requirements. This feature makes the property a prime candidate for expansion or further development. Adding to its appeal is a preexisting seawall, offering protection and stability against coastal erosion and ensuring the property's longevity. With redevelopment in mind, proposed plans for this site include converting it into a stunning three-story apartment complex, providing ample opportunity to create a truly remarkable oceanfront living experience. Embrace the beauty of coastal life and take advantage of this outstanding investment opportunity in San Diego's prestigious oceanfront real estate market.

Details

Property type

Lot size

8,389 sq ft

Price per sq ft

$1,871

Year built

1955

Price History

05/08/2024
SanDiego

SanDiego #240010100

Listed
$3,950,000
+58%
11/12/2020
SanDiego

SanDiego #200026422

Sold
$2,500,000

Schools & Community

Neighborhood: 

Ocean Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 07/01/2024 at 9:30 AM

Listing updated: 06/05/2024 at 12:13 PM

Listed by: Marena R Aon, eXp Realty of California, Inc. Phone #: (619) 618-7997

MLS: SanDiego #240010100

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