
Backyard Brokerage
Listed by Backyard Brokerage
$1,750,000
2 Single Homes
Details
APN 424-171-04-00
Property Type Multifamily
Sub Type Apartment Building
Units 2
Cap Rate 4.50%
Year Built 2000
Buildings 2
Acreage 0.140
Zoning RM 2-5
Multifamily | 4.50% CAP | 2 Units
Marketing description
Exceptional redevelopment opportunity in the heart of Pacific Beach. Situated on a 6,251 SF RM-2-5 zoned parcel, 1827 Grand Ave offers immediate value for developers, builders, and investors seeking one of San Diego's most desirable infill locations. *REMODEL complete at sale* The property is delivered completely vacant and presents multiple development strategies. Utilize the Bonus ADU Program to build up to approximately 8,438 SF by-right, or maximize the site's potential under the Complete Communities Housing Program, allowing up to a 2.5 FAR (approximately 15,627 SF), subject to buyer verification and City approvals. Located just minutes from the beach, Mission Bay, shopping, restaurants, and major employment centers, this is a rare opportunity to acquire a prime Pacific Beach development site with immediate possession and no tenant relocation concerns. Property is being sold As-Is. Text agent. Buyer to verify all zoning, development potential, FAR, density, ADU regulations, Complete Communities eligibility, and all other information with the City of San Diego prior to closing. Public records indicate the parcel is approximately 6,251 SF and is zoned RM-2-5. Offered at $1,750,000 Prime Pacific Beach location RM-2-5 zoning Approx. 6,251 SF lot Delivered 100% vacant By-right Bonus ADU development potential of approximately 8,438 SF Complete Communities potential allowing approximately 15,627 SF (2.5 FAR), subject to City approval Excellent walkability to restaurants, retail, and beaches Rare opportunity to purchase a vacant redevelopment site. Text Agent to show.
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Backyard Brokerage
Listed by Backyard Brokerage
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Zoning
RM-2-5 ResidentialMulti FamilyResidential Multiple Unit
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