San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
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$1,900,000

$1,950,000

2.6%
Est.Price: ?

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Est. payment /mo

6,216 Sqft Lot


SOLD DATE : 10/13/2022

Key Details

Sold Price $1,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 220021847SD

Sold Date 10/13/22

HOA Y/N No

Year Built 1947

Lot Size 6,216 Sqft

Property Description

Incredible investment opportunity on a large lot with alley access, only 4 blocks from Crystal Pier. The Grand On Grand! Plans for 8 units included. 7200 sq ft planned residential development with projected value at over $6,000,000. Complete communities with R-M-2-5 zoning. Potential for $29,000-$30,000 gross income per month with a mix of 5 eight hundred sq ft one bedroom units, and 3 one thousand plus sq ft two bedrooms. Upstairs units feature massive terraced rooftop decks with potential ocean views. 5 off street parking spaces included in current plan. Property is currently configured as a duplex. Tenants on short term leases. Please call to have all your questions answered regarding the potential development. Number of Furnished Units: 2 Topography: LL

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name The Grand on Grand

Zoning R-M-2-5

Interior

Cooling None

Fireplace No

Appliance Electric Water Heater, Gas Water Heater

Exterior

Fence Partial

View Y/N Yes

View Ocean

Roof Type Composition

Building

Story 1

Entry Level One

Level or Stories One

Others

Senior Community No

Tax ID 4230531100

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Cash

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California Regional MLS (CRMLS)
Listed by Seth Robinson • Keller Williams La Jolla
Bought with Brian Bush • Datashare CLAW Default Office Don't Delete
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880 Roosevelt Suite 250, Irvine, California, 92620, United States

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