1466 Pescadero Drive

San Diego, CA 92107

$3,950,000
Price
4
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Marena Aon • DRE #02136839 • Brokerage DRE #01022642 • eXp Realty of California, Inc.
  2. Listed by Adrian Quijano • DRE #02142679 • Brokerage DRE #01022642 • eXp Realty of California, Inc.

Property Details for 1466 Pescadero Drive

Cross Streets
Sunset Cliffs Blvd
Source Living Area
Assessor
Area
Ocean Beach (OCB)
Lot Size Area
8389
Home owner Dues
$0
HOA Fee Frequency 1
Monthly
HOA Fee 2
$0
HOA Fee Frequency 2
Monthly

Location

Listing Courtesy of eXp Realty of California, Inc., Marena Aon, DRE #02136839; eXp Realty of California, Inc., Adrian Quijano, DRE #02142679
Add your commute
LISTING UPDATED: 05/20/2024 10:57 AM

Property Details for 1466 Pescadero Drive

StatusActive
MLS #240010100SD
Days on Market18
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.19 AC / 8,389 SF
CountySan Diego County

Location

Listing Courtesy of eXp Realty of California, Inc., Marena Aon, DRE #02136839; eXp Realty of California, Inc., Adrian Quijano, DRE #02142679
Add your commute

Building Information for 1466 Pescadero Drive

Stories1Residences-Year Built1955Building Size-Lot Size0.19 AC / 8,389 SF

Payment Calculator

$21,557 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1466 Pescadero Drive

Community / Development
Community / Development
  • Complex Name: Sunset Cliffs
  • Number Of Units: 4
  • Pets Allowed: Yes
  • Builders Tract Name: Sunset Cliffs
  • Earth Quake Insurance: 0
Structure Info
Structure Info
  • Number Of Stories: 1
  • View: Yes
  • View Description: Ocean, Panoramic, Panoramic Ocean
  • Security Features: None
  • Sewer: Sewer Connected
Contract Info
Contract Info
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Net Operating Income: $163,000.00
  • Gross Scheduled Income: $228,000
  • Cap Rate: 4.00%
  • Gross Rent Multiplier: $17.00
  • Other Income1: $.00
  • Total Annual Expense: 65000
Land / Lot Info
Land / Lot Info
  • Horse: No
  • Land Included: No
  • Lot Acreage: 0.19
  • Lot Location: Ocean
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Wall/Window
Exterior Features
Exterior Features
  • Pool: No
  • Spa: Yes
  • Roof: Composition
  • Fence: Full
Lease Terms
Lease Terms
  • Listing Terms: Cash, Conventional, FHA, VA
  • Tenant Pays: None
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $4,750.00
  • Unit Actual Rent: $4,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $4,750.00
  • Unit Actual Rent: $4,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $4,750.00
  • Unit Actual Rent: $4,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Rent: $4,750.00
  • Unit Actual Rent: $4,750.00
  • Like Units: 1

Property History for 1466 Pescadero Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1466 Pescadero Drive

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Sunset View Elementary School
PublicK to 4

Dana
Public5 to 6

Correia Middle School
Public7 to 8

Point Loma High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1466 Pescadero Drive is a multi-family home for sale in San Diego, CA 92107. This property was listed for sale on May 7, 2024 by eXp Realty of California, Inc., it's currently listed at $3,950,000. This listing's school district is San Diego Unified School District. Nearby schools include Sunset View Elementary School, Dana and Correia Middle School. 1466 Pescadero Drive is a 4-bed, 4-bath, multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty of California, Inc., Marena Aon, DRE #02136839; eXp Realty of California, Inc., Adrian Quijano, DRE #02142679

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.