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PTP2301224 MLS Active Status
Marketing package attached. Drone video: https://vimeo.com/810249636 Rarely available, APPROVED development site in the highly sought-after coastal San Diego markets of Ocean Beach/Point Loma. This sloped, 9,575 SF lot has been fully entitled and approved to build 11 new units (10 market / 1 affordable) with current plans consisting of 3 floors above a basement, 2nd floor parking garage, and future-proofed to allow physical space and electrical capacity for solar panels and EV charger infrastructure. The proposed unit mix consists of (2) 3bed+2bath, (4) 2bed+2bath, (4) 1bed+1bath, and (1) affordable 1bed+1bath units, averaging over 900 SF each, for a combined estimated total of 10,007 rentable SF. The upper units will feature W / NW views, some with balconies. The 2nd-floor parking garage will feature (10) car, (2) motorcycle, (5) bicycle parking spaces. The building has been designed with acoustical sound-reducing considerations to limit adjacent airport noise. The Seller is in the process of extending the existing Building permit, and grading permit is currently active, for Buyer’s use, and will facilitate a transfer of all approved plans, permits, and associated documents to Buyer. Buyer will need to assume the cost of permit and impact fees. Recent sales comps of like-kind new construction suggest an average new valuation of roughly $700K+/unit, with an average in-place cap rate of sub-4%. In fact, the most relevant comp, Nimitz Crossing, located at 3909 Voltaire St about .5 miles from the subject site, is 36 units built in 2020, and which sold in June 2022 for $833K/unit, $923/SF, and with an in-place cap rate of 3.23%. Don’t miss this rare opportunity to acquire one of the few remaining undeveloped parcels in this highly desirable area. All information deemed reliable but not guaranteed. Buyer to do its own due diligence and satisfy itself.

4268 4264 Whittier St, San Diego

4 Beds 5 Baths 23228471 MLS Active Status
Live in the epitome of luxury atop the iconic Park Laurel in a stunning two-story penthouse that has been completely customized to combine classic opulence and modern feel to create a truly incredible home. Step off the private elevator onto solid Brazilian quartzite slab floors and into this lavish Penthouse with show-stopping custom lighting features including a custom-made droplet chandelier that sits next to a floating staircase with specialty brass and glass accents. The first level offers a living room, dining room showcasing a one-of-a-kind refrigerated wine wall featuring a semi-precious stone wall, piano parlor, powder room, secondary suite, laundry room, and professional-grade kitchen with rare Italian Calacatta counters, Gaggeneau refrigerator/freezer, La Cornue custom range, and a dual-temp True beverage fridge. The large balcony hovers above America's largest urban park spanning over 1,200 acres (Balboa Park) and showcases the incredible views of the San Diego. The second level features 3 bedrooms and an additional laundry room. Primary suite features warm ambient lighting to create the most inviting atmosphere, designer walk-in closet, private balcony, spa-like bathroom with a specialized weightlessness bath, radiant heat flooring, and Italian marble. The entire home is equipped with a state of the art AV and sound system as well as a fully integrated lighting and motorized window treatment package. Park Laurel is a highly sought-after luxury residence situated in the infamous Bankers Hill featuring 24-hour security, concierge, sun deck with pool/spa and BBQ area, and a state-of-the-art fitness center, just seconds away from world famous restaurants, San Diego Zoo, and a few miles from the international airport. Live a life of luxury in this one-of-a-kind trophy property in the heart of San Diego.

2500 6th Avenue Unit 4, San Diego

4 Beds 6 Baths NDP2212001 MLS Active Status
The Urban Ranch House is a brand new single-story masterpiece recently completed in 2023 and crafted by San Diego’s premier custom estate design-build company, MDD Homes. This sleek and spacious family dwelling was designed to embrace the tranquility that surrounds it as the first of 8 brand new homes in Del Sur Valley’s novelty development, Santa Fe Ranch, off Artesian Road. Settled on a breathtaking 2.28 acres parcel with unobstructed southwestward views of undulating valleys, fiery sunsets and La Jolla's UTC skyline this residence unfolds across 6,945 sf. of living space with 4 bedrooms, 5.5 bathrooms, and a 4-car garage. The expansive great room immediately greets you with a 14 ft. stair-stepped ceiling detail and 10 ft. high flush-tract panoramic sliding glass doors that invites you out to the grand covered veranda. The entertainment-sized kitchen is decked-out in sleek graphite appliances, luxe black and brass fixtures, and an eye-catching quartzite granite countertop, complete with a back prep-kitchen with its own refrigerator, sink, and dishwasher. Indoor-outdoor living is created seamless by the veranda's distinct reflection of the great room's kitchen, living & dining zones, allowing for the ultimate SoCal lifestyle. Perched at the property's edge is its dramatic 50 ft. wide infinity pool that includes a beach entry, Baja shelf, and spa. Additional spaces include a glass encased wine tavern, TV Cavern, and bonus room perfect for those looking to have a home gym, office, or children's playroom. An attached 1,200 sf. flex space is pre-plumbed and pre-designed for a future option guest A.D.U. with 2 bedrooms, 2 bathrooms, a full kitchen, laundry, and private entry. Open House Sunday 1-4pm.

16740 Calle Montana, San Diego

PTP2205718 MLS Active Status
INVESTOR/ACQUISITION MGRS/1031 Dream Home. North Park 5-Star Investment Estate 2 units with opportunity for 3rd. Unit 1 (1,250 sq ft), main house: 4bd/2ba. Unit 2 (331 sq ft): 1 bd/1ba studio w/ private entry. July 2022 (30-Day) Vacation Rental Income: $25,302! City of San Diego has Fully Approved the 3rd Unit 2bd/2ba (Standard ADU, 881 Sqft), so there is massive income potential to construct the 2 Bd / 2 Ba Unit and increase the size of the property to total approximately 2,462 sqft. Design, Architecture, Engineering, and Permits are Included ($110k). Corner lot with 2 car xtra wide garage AND gated tandem parking is rare. Home was remodeled and the original hardwood floors were restored, along with several custom features. 2019 roof & electrical panel. Interior is absolutely gorgeous and has been a top short term rental due to the large backyard, parking, and proximity to airport, zoo, Navy bases, and eateries. Modern design includes Quartz Countertops, Slow-Closing Hardwood Cabinets, and en-suite master with dual sinks. This estate has an Oversized 2-Car Garage/Workshop with Tesla EV Charger, and it also has 2-Car Gated Carport (total 4-Car Private Parking). The exterior is also incredibly chic, with Expansive Private Backyard and Built-In Patio Bar. Turn-Key Investment Real Estate in San Diego is difficult to find, and if your desire is to live in one unit and rent the other(s) or rent the entire estate, or construct the 3rd Unit and turn this Duplex into a Triplex. Some photos are architectural renderings with virtual staging. Buyer(s) to verify and approve all data, reports, records, inspections, permits, MLS, HOA, if applicable, and all information pertaining to the property prior to removal of contingencies. All contracts/offers are subject to seller approval and any offers or counteroffers by seller are not binding unless the entire agreement is ratified by all parties.

3275 Boundary Street, San Diego

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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