$1,044,000
Est. payment /mo
UPDATED:
Key Details
Sold Price $1,044,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2501058
Year Built 1950
Lot Size 3,110 Sqft
Property Sub-Type Duplex
Property Description
Presenting a prime investment opportunity at 1254-1256 Grand Ave in Pacific Beach. This property features a two-car garage and sits on a 124-foot by 25-foot parcel, offering significant redevelopment potential. The seller is offering this property in conjunction with the adjacent and similar property at 1250-1252 Grand Ave. Located just moments from the Pacific Ocean, Mission Bay, and Crystal Pier, and adjacent to a transit corridor, this site offers opportunities to increase the unit count, subject to local zoning regulations. Investors can choose to capitalize on the redevelopment potential or continue to collect rental income in this highly desirable coastal community.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning R-3:RESTRICTED MULTIPLE
Interior
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs, Street Lights, Sidewalks
View Y/N No
Building
Lot Description Gentle Sloping, Level, Near Public Transit
Story 1
New Construction No
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Notice Of Default
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Listed by Robert Boerner • Gecko Realty
Bought with Carson Trujillo • Marcus & Millichap
Bought with Carson Trujillo • Marcus & Millichap