4268 Whittier Street
4268 Whittier Street
Sold 1/25/24
Virtual Tour
Sold 1/25/24
Virtual Tour
Description
- Listed by Max Delbecq • DRE #01964069 • Brokerage DRE #02059064 • Top Gun CRE
Property Details for 4268 Whittier Street
Location
Sold By American Dream Homes, Nikki Amini, DRE #01785828
Property Details for 4268 Whittier Street
| Status | Sold |
|---|---|
| MLS # | PTP2301224 |
| Days on Market | 190 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Land |
| MLS Type | Lot/Land |
| Year Built | - |
| Lot Size | 0.22 AC |
| County | San Diego County |
Location
Sold By American Dream Homes, Nikki Amini, DRE #01785828
Virtual Tour
Building Information for 4268 Whittier Street
Payment Calculator
$7,849 per month
30 year fixed, 7.25% Interest
$7,477
$372
$0
Property Information for 4268 Whittier Street
- System ID: 305887366
- Class: LOT/LAND
- Street Number Numeric: 4268
- Street Name: Whittier St
- Directions To Property: Google Maps
- Home Owner Fees: $0
- Virtual Tour Link: https://vimeo.com/809349475
- Virtual Tour Link 2: https://vimeo.com/810249636
- Supplement: Marketing package attached. Drone video: https://vimeo.com/810249636 Rarely available, APPROVED development site in the highly sought-after coastal San Diego markets of Ocean Beach/Point Loma. This sloped, 9,575 SF lot has been fully entitled and approved to build 11 new units (10 market / 1 affordable) with current plans consisting of 3 floors above a basement, 2nd floor parking garage, and future-proofed to allow physical space and electrical capacity for solar panels and EV charger infrastructure. The proposed unit mix consists of (2) 3bed+2bath, (4) 2bed+2bath, (4) 1bed+1bath, and (1) affordable 1bed+1bath units, averaging over 900 SF each, for a combined estimated total of 10,007 rentable SF. The upper units will feature W / NW views, some with balconies. The 2nd-floor parking garage will feature (10) car, (2) motorcycle, (5) bicycle parking spaces. The building has been designed with acoustical sound-reducing considerations to limit adjacent airport noise. The Seller is in the process of extending the existing Building permit, and grading permit is currently active, for Buyers use, and will facilitate a transfer of all approved plans, permits, and associated documents to Buyer. Buyer will need to assume the cost of permit and impact fees. Recent sales comps of like-kind new construction suggest an average new valuation of roughly $700K+/unit, with an average in-place cap rate of sub-4%. In fact, the most relevant comp, Nimitz Crossing, located at 3909 Voltaire St about .5 miles from the subject site, is 36 units built in 2020, and which sold in June 2022 for $833K/unit, $923/SF, and with an in-place cap rate of 3.23%. Dont miss this rare opportunity to acquire one of the few remaining undeveloped parcels in this highly desirable area. All information deemed reliable but not guaranteed. Buyer to do its own due diligence and satisfy itself.
- Entry Only: No
- Lot Size: 7,500-10,889 SF
- Lot Size Source: City/County Records
- Topography: Slope Steep
- Assessors Parcel Num: 4492700400
Property History for 4268 Whittier Street
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4268 Whittier Street
Schools near 4268 Whittier Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Ocean Beach 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.
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Listing Courtesy of Top Gun CRE, Max Delbecq, DRE #01964069
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