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Monique H. Ott-Beacham

hotthomessells@gmail.com +1(909) 975-1831

$ 2,999,000

Est. payment | -/mo

3 Beds

2 Baths

1,573 SqFt

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$ 2,999,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,573 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,573 sqft

Price per Sqft $1,906

Subdivision Ocean Beach

MLS Listing ID 260021976SD

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1951

Lot Size 10,497 Sqft

Property Sub-Type Single Family Residence

Property Description

Unlike anything else available on the market, 4637 Del Mar Ave is the premium South Ocean Beach development opportunity you dream about! This rare, south-facing 10,500s.f. ocean-view lot with pool offers Owners/Users/Investors and Developers a massive opportunity with an existing fully renovated home AND being sold with fully approved, ready-to-issue plans to build 12 additional ADU's. Buyers can pull permits and start construction with no further city permit approvals needed - just the issuance fees - to transform this single-family residence into a lucrative 13-unit income powerhouse. The existing fully remodeled home is perched high on the hill with views of the ocean to the south and west. Filled with coastal character, it offers 3-beds, 2-baths plus an oversized optional 4th bedroom off one of the two rear decks with coastal views. The home features a sparkling kitchen with stainless steel appliances and tasteful backsplash, crystal clear dual pane windows, full-size laundry room, mini-split AC/heating units throughout for maximum comfort/efficiency, modern bathrooms and large primary suite with a walk-in closet and direct access to one of the viewing decks. Oh, and don't forget about the pool for fun in the sun without having to go to the beach! The fully approved, ready-to-issue plans are for 12 additional 1BR/1BA 435s.f. ADU units to be built on the back portion of the property, for 5,220s.f. of new living area composed of 6 duplex structures. These plans include space for approximately 4-5 dedicated parking spaces off the alley as well. This is the ultimate development or 1031 opportunity to bring additional housing units to one of San Diego's most desirable neighborhoods where space is at a premium. Just minutes to iconic Sunset Cliffs, the OB Pier, and Liberty Station - do not let this premium coastal development property slip away!

Location

State CA

County San Diego

Area 92107 - Ocean Beach

Interior

Interior Features Recessed Lighting, Walk-In Closet(s)

Heating Electric

Fireplace No

Appliance Built-In Range, Counter Top, Dishwasher, Electric Cooking, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator

Laundry Electric Dryer Hookup, Laundry Room

Exterior

Parking Features Concrete

Garage Spaces 1.0

Garage Description 1.0

Fence Partial

Pool Fenced, In Ground, Private

View Y/N Yes

View Coastline, Mountain(s), Neighborhood, Ocean, Panoramic, Water

Roof Type Composition

Porch Deck, See Remarks

Total Parking Spaces 2

Private Pool Yes

Building

Story 1

Entry Level One

Architectural Style Ranch

Level or Stories One

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4484721800

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Adam Renick Coldwell Banker West #01979227

Nearby Locations

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Monique H. Ott-Beacham

+1(909) 975-1831

Broker License ID: DRE #01448692

4637 Del Mar San Diego, CA 92107

Monique H. Ott-Beacham

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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4637 Del Mar