Sold
1350-54 La Palma St
Pacific Beach CA, 92109
$2,900,000
$1,115.38 per sqft
Sold
6 Beds
4 Baths
2,600 sqft
Multi-family
Built in 1955
The La Palma Street Property is a Fabulous Beach & Bay Triplex (Home Plus a Duplex)!! A Rare Oversized South Facing Property in a Fantastic Location. Steps to Famous Sail Bay in Pacific Beach, Mission Bay Boardwalk and Fanuel Street Park. There's potential to Expand the Existing Detached Home or Build a Brand New 4-unit Development based upon our Architectural Renderings! Whether you are looking for an exceptional place to call home with rental income, an investment or development opportunity this is the property for you! The La Palma Property has a larger and deeper lot (currently zoned for 2-5 units). In front, there's a charming single level 2-bedroom beach bungalow home with a grassy front and backyard, hardwood floors, and an attached oversized private laundry room, with walk-in closet, extra storage. The home provides the perfect ability for an owner-occupant to enjoy the property as is, enhance the design or expand the square footage to create your own Dream Home while receiving rental income from the back separate duplex building. The duplex has a lower 2-bedroom unit & an upper 2-bedroom unit. Both units have 1-1/2 bathrooms. There's a shared private backyard space, and a laundry storage room. All 3 units are rented, light and bright, in great condition, The featured renderings show a Modern Fourplex Development to maximize the use with potential for divided individual condo ownership. Each designed unit has 3 bedrooms, 2 bathrooms, a private 2-car garage with direct access into unit, and spacious roof top deck for amazing western sunset views.
220016830
MLSⓇ ID
June 30, 2022
Listed
February 10, 2024
Updated
Map
1350-54 La Palma St
Pacific Beach CA, 92109
Interior Features
Bedrooms
6 Beds
Bathrooms
4 Baths
Appliances
Gas Water Heater, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas, Wall/Gravity
Exterior/Building Features
Lot Size
0.17 Acres
Lot Features
West of I-5
Roof
Composition
Other Property Details
Area Name
Coastal South
Days on Market
19
Garage
No
Parking
Non-Garage(Uncovered)
View
No
County
San Diego
Water Source
Meter on Property
Pool
No
Pool Features
None
Zoning
R-4:MULTIP
Buyer Agency Compensation
2.5%
Listed by Epic Real Estate and Mgmt, Inc, Roy Wannamaker,
Listing Contact: 760-550-8160
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Data last updated 2:05 AM UTC, 2/10/2024