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San Diego, CA 92109,1350 54 La Palma St
San Diego, CA 92109,1350 54 La Palma St
San Diego, CA 92109,1350 54 La Palma St
$2,900,000
Est. payment /mo
$2,995,000
3.2%
Est.Price: ?

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7,501 Sqft Lot
SOLD DATE : 08/11/2022

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Pacific Beach

MLS Listing ID 220016830SD

Year Built 1955

Lot Size 7,501 Sqft

Property Description

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. 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, There’s ample off-street parking for all residents. 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. Location, Location, Location!! Sewer: Sewer Connected Unit # for Unit 1: 1350 Unit # for Unit 2: 1352 Unit # for Unit 3: 1354 Number of Furnished Units: 0 Topography: LL Frontage: Bay

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Building/Complex Name La Palma

Zoning R-4:MULTIP

Interior

Heating Natural Gas

Cooling None

Exterior

Fence Partial

Pool None

Roof Type Composition

Building

Lot Description Sprinkler System

Story Multi/Split

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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California Regional MLS (CRMLS)
Listed by Roy Wannamaker • Epic Real Estate and Mgmt, Inc
Bought with Alexander Mickle • AVM Properties
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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