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Glen Henderson

glen@phcoronado.com +1(619) 270-1180

$2,100,000

Est. payment - /mo

5 Beds

2 Baths

1,200 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $1,750

Subdivision Pacific Beach

MLS Listing ID 260023942

Style Contemporary,Modern

Bedrooms 5

Full Baths 2

Year Built 1947

Lot Size 6,251 Sqft

Property Sub-Type Detached

Property Type Detached

Property Description

Income today, development potential tomorrow in North Pacific Beach. 1303 Missouri St features an existing single family residence generating $8,500 per month in rental income, plus shovel ready plans delivered stamped by city opon COE. Seller will consider offers between $1,900,000 and $2,200,000. The proposed ADUs include one 1-bedroom/1-bath, one studio/1-bath, and two 2-bedroom/1-bath units, totaling approximately 2,400 square feet of new residential space making this a 5 unit upon completion. Private patios and balconies, 2 tandem parking spaces, in-unit laundry and a 2025 brand new remodel on the existing residence. Retain the existing home and create a five-unit coastal rental property. Pacific Beach's limited new housing supply adds to the appeal. With limited units coming online recently and the longstanding 30-foot height framework many investors are seeking for recession proof rents in Pacific Beach. Not to mention the scarce available land contribute with pacific ocean, high way 5 and the other significant barriers to new construction in the coastal overlay zone. Conveniently located near beaches, dining, shopping, and recreation, this property combines existing income with a defined expansion plan in one of San Diego's most sought-after coastal neighborhoods. Buyer to verify rents, permit status, paid fees, development requirements, and construction timeline. Images are architectural renderings depicting proposed improvements that have not yet been constructed. Renderings are for illustrative purposes only.

Location

State CA

County San Diego

Area Coastal South

Zoning RS-1-7

Interior

Interior Features Open Floor Plan

Heating Heat Pump

Cooling Attic Fan, Central Forced Air, Electric

Fireplace No

Appliance Refrigerator, Washer, Range/Stove Hood

Laundry Electric

Exterior

Parking Features Attached

Garage Spaces 1.0

Fence Wood

Amenities Available Banquet Facilities

View Y/N No

Water Access Desc Public

Roof Type Shingle

Accessibility None

Porch Patio

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 416-382-01-00

Acceptable Financing Cash

Listing Terms Cash

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Listed by Christopher J Luna, DRE#02082702 Backyard Brokerage Inc.

Nearby School & Business

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Glen Henderson

+1(619) 270-1180

Broker Associate CA BRE #01384181

Coronado Communities

1303 Missouri St San Diego, CA 92109

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Search All Homes and Condos for Sale in Coronado

Types of Homes for Sale In Coronado:

All Coronado Homes for Sale by MapCondos and Townhomes for Sale in CoronadoSingle Family Homes for Sale in CoronadoMulti-Family Investment Properties for Sale in CoronadoNew Construction in CoronadoRentals in Coronado

Neighborhoods in Coronado

Coronado Cays Homes for SaleCoronado Shores Condos for SaleCoronado Village Homes and Condos for SaleBayfront Homes for SaleOceanview Homes for SaleCountry Club Estates Homes for Sale

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All Coronado Homes for Sale by Map
Condos and Townhomes for Sale in Coronado
Single Family Homes for Sale in Coronado
Multi-Family Investment Properties for Sale in Coronado
New Construction in Coronado
Rentals in Coronado

Coronado Cays Homes for Sale
Coronado Shores Condos for Sale
Coronado Village Homes and Condos for Sale
Bayfront Homes for Sale
Oceanview Homes for Sale
Country Club Estates Homes for Sale