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Bradford King

bradford.king@exprealty.com +1(909) 633-4559

$ 2,999,000

Est. payment | -/mo

7 Beds

5 Baths

2,775 SqFt

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$ 2,999,000

Est. payment | -/mo

Save Virtual Tour Video Tour

7 Beds

5 Baths

2,775 SqFt

OPEN HOUSE

Thu May 22, 10:15am - 1:00pm

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 PTP2503660

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1960

Lot Size 6,416 Sqft

Lot Dimensions Public Records

Property Sub-Type Quadruplex

Property Description

There are 4 Units. Three of the units are residentially permitted. 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 , kitchen and 1 bath. To our knowledge 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 in 1984 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 Available. if requested for review at the site, are building plans for the original 3 units dated 1960. 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

Rooms

Main Level Bedrooms 4

Interior

Cooling None

Fireplaces Type Family Room

Fireplace Yes

Appliance ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer

Laundry Common Area, Laundry Room

Exterior

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Sidewalks

View Y/N Yes

View Coastline, Ocean

Attached Garage Yes

Total Parking Spaces 5

Private Pool No

Building

Lot Description Steep Slope

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

New Construction No

Schools

Elementary Schools Ocean Beach

Middle Schools Dana

High Schools Point Loma

School District San Diego Unified

Others

Senior Community No

Tax ID 4483720300

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Trust

Virtual Tour https://drive.google.com/file/d/1ti0TcMoeKeJNzIQ0HTUlmnAaUiwKyRPe/view?usp=sharing

Listed by Dan Dennison • TXR Homes • dan.dennison@mac.com

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 633-4559

bradford.king@exprealty.com

P.O. Box 6102

4768 72 Coronado Ave AVE San Diego, CA 92107