Experience the captivating charm of oceanfront living with this extraordinary property perched on the edge of Sunset Cliffs, offering a rare opportunity to invest in premium real estate in San Diego. Comprising four units, this unique property features two identical buildings, each containing two thoughtfully designed units. Every unit includes one bedroom, one bathroom, a private living area, and a fully equipped kitchen, reflecting the pinnacle of luxurious coastal living. For those with a vision for development, this property is located within a Transit Priority Area and falls under the Complete Communities Initiative, providing a 2.5x Floor Area Ratio (FAR) with no parking requirements. This feature makes the property a prime candidate for expansion or further development. Adding to its appeal is a preexisting seawall, offering protection and stability against coastal erosion and ensuring the property's longevity. With redevelopment in mind, proposed plans for this site include converting it into a stunning three-story apartment complex, providing ample opportunity to create a truly remarkable oceanfront living experience. Embrace the beauty of coastal life and take advantage of this outstanding investment opportunity in San Diego's prestigious oceanfront real estate market.
Property Type :
Residential Income
Subdivision :
Fallbrook
County :
San Diego
Style :
Residential Income
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ByOwner last updated this listing 06/18/2024 @ 16:47
MLS: 240010100SD
LISTED BY: Marena Aon, eXp Realty of California, Inc.
SOURCE: CRMLS
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
