San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
San Diego, CA 92109,1160 Grand Ave
18
$1,900,000
$1,950,000
2.6%
Est.Price: ?

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3 BD
2 BA
700 SqFt

1160 Grand Ave San Diego, CA 92109

Est. payment /mo
SOLD DATE : 10/13/2022

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Key Details

Sold Price $1,900,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $2,714

Subdivision Pacific Beach

MLS Listing ID 220021847

Bedrooms 3

Full Baths 2

Year Built 1947

Lot Size 6,217 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.

Location

State CA

County San Diego

Community Pacific Beach

Area Pacific Beach (92109)

Building/Complex Name The Grand on Grand

Zoning R-M-2-5

Exterior

Exterior Feature Stucco

Fence Partial

View Ocean

Roof Type Composition

Building

Story 1

Water Meter on Property

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $3,500

Listing Terms Cash, Conventional, FHA, VA

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San Diego Regional MLS (SDMLS)
Listed by Seth Robinson • Keller Williams La Jolla
Bought with Datashare CLAW Default Office Don't Delete

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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