4 Unit Property on the border of Point Loma and Ocean Beach, with views towards Mission Bay and Seaworld. The property currently consists of 2 buildings, and a total of 4 units. This is an excellent opportunity for an investor or developer looking to renovate and/or rebuild, and maximize the income potential of this property. This site is located within a Transit Priority Area and is part of the city-wide density incentive program Complete Housing Community Solution, which will allow approximately 12,412 sqft of building space with the Coastal Overlay. (Full report can be provided upon request. Buyer to verify all information.)
The front building consists of a 3 bed, 2 bath and a 2 bed, 1 bath. Total sqft is approximately 2,243 sqft + a 200 sqft garage. The back building consists of two 1 bed, 1 bath units, totaling 1,028 sqft + 528 sqft of garage space. One 1-car garage has been converted to an additional bedroom. Three units are currently occupied by long-term tenants.
The property is located within 2 miles of the Pacific Ocean and steps to restaurants and shopping on the rapidly improving Voltaire Street corridor. Additionally, there is great ingress and egress to the 8 freeway, giving residents easy access to everything else San Diego has to offer.
Listed By Glen Henderson with Premier Homes Team.
View the full analysis of the property's maximum development potential based on the planning regulations:
Working with Glen was a HUGE privilege as he and his team provided concierge level service at no cost increase to competitors. I had moved out of state and wanted to sell my San Diego home remotely. Glen's team took care of EVERYTHING, from prepping the home (scheduling landscapers, repairs, etc) to staging and pictures to finalize the transaction - I hardly had to lift a finger. This was ideal as I was getting married during the time of the home sale and it was no added work on my part. Above all, the sale price of the home was as projected and I was very happy with the amount it was sold for. Overall I would not hesitate to recommend Glen to my close friends and family and would definitely utilize his services should I return to San Diego.
I interviewed five realtors and where they all seemed very nice, I chose Glen Henderson. Glen suggested selling for $50,000- 100,000 over the other realtors suggesed listing price. Glen saw the potential of a large basement that could be utilized as additional 400 square feet of living space. He also made excellent suggestions to help with the sale. Glen was always professional, timely with his repsonses and really listened to my opinions on the sale. The home sold for $19,000 over listing which I don't believe I would have received if I went with one of the other realtors lower listing price. Frank, Glen's assistant was also great to work with. Frank was always friendly and quick to respond with any questions I had. It was the easiest selling process I ever experienced from listing to sale. Thanks Glen and team!!!!!
I want to share that I am extremely grateful for Glen Henderson from big block realty. I cannot express how helpful, kind and personable Glen has been. Since our initial meeting he was able to listen to my story and provide me with a clear plan to make sure everything was ready for my house to be sold. There were a few moving parts in my situation and I honestly would have been so lost in this process if it were not for him - he walked me through every step of the way and went above and beyond by connecting me with contractors, lawyers and all the other trusted sources I needed to make this process as smooth as possible. I am recommending Glen to everyone, not only for his professionalism and everything he did for our home to be sold - but for being so supportive and helpful! You will be lucky if you get to have him as your Realitor.