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listing
1 of 70
MultifamilyFor Sale
$3,950,000
1466-72 Pescadero Dr
San Diego, CA 92107
Listing Provided Courtesy of eXp Realty Of California, Inc.
MLS: San Diego Multiple Listing Service (SDMLS)
8,389Sq Ft
Est. Mortgage
$20,489/mo

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.

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Listing Courtesy of eXp Realty Of California, Inc.. San Diego Multiple Listing Service, Inc. “SDMLS” Last Updated: 11/25/2024 09:26 PM
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