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311 San Elijo San Diego, CA 92106
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Key Details
Sold Price $2,450,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Point Loma
MLS Listing ID 240004660SD
Sold Date 04/11/24
HOA Y/N No
Year Built 1952
Lot Size 7,501 Sqft
Property Description
***The Price You Have Been Waiting For***Purchased in 2022 For $2,425,000 + $400,000 Remodel /Upgrades***$2,825,000 Investment ***Listed $430,000 Less Than Cost At $2,395,000***Motivated***San Diego Bay* Harbor *Ocean*Coronado *Mexico Sit Down Views***La Playa***The Crown Jewel Of Point Loma***Three On One 7,500 Sq Ft (50x150) Parcel Zoned RM-3-9***Potential For Up to 13 Units***FAR Of 2.7***Up to 25 Units Would Be Possible If Affordable Housing Was Desired*** Turn Key 2230 Sq Ft Mid Century * Two One Bedroom One Bathroom 588 Sq Ft Single Story Living***One Two Bedroom One Bathroom 1054 Sq Ft***Two Large Oversized Two Car Garages***Yard & Patios ***Common Area Laundry***Live In One Rent Two Short Term AirBNB or Two Long Term**Rent All Three Long Term Or All Three Short Term AirBNB***So Much Potential & Opportunity***Enjoy The Benefits Of Ownership With Over a Quarter Million Of Remodel Just Completed***Seller Financing @5% Available for up to $1,000,000*** ***The Price You Have Been Waiting For***Purchased in 2022 For $2,425,000 + $400,000 Remodel /Upgrades***$2,825,000 Investment ***Listed $430,000 Less Than Cost At $2,395,000***Motivated***San Diego Bay* Harbor *Ocean*Coronado *Mexico Sit Down Views***La Playa***The Crown Jewel Of Point Loma***Three On One 7,500 Sq Ft (50x150) Parcel Zoned RM-3-9***Potential For Up to 13 Units***FAR Of 2.7***Up to 25 Units Would Be Possible If Affordable Housing Was Desired*** Turn Key 2230 Sq Ft Mid Century * Two One Bedroom One Bathroom 588 Sq Ft Single Story Living***One Two Bedroom One Bathroom 1054 Sq Ft***Two Large Oversized Two Car Garages***Yard & Patios ***Common Area Laundry***Live In One Rent Two Short Term AirBNB or Two Long Term**Rent All Three Long Term Or All Three Short Term AirBNB***So Much Potential & Opportunity***Enjoy The Benefits Of Ownership With Over a Quarter Million Of Remodel Just Completed***Seller Financing @5% Available for up to $1,000,000***
Location
State CA
County San Diego
Area 92106 - Point Loma
Building/Complex Name Villa La Playa
Zoning RM-3-9
Interior
Heating Natural Gas
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Pool None
View Y/N Yes
View Bay, Ocean
Roof Type Composition
Private Pool No
Building
Lot Description Sprinkler System
Story Multi/Split
Entry Level Multi/Split
Level or Stories Multi/Split
Others
Senior Community No
Tax ID 5324960200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Salvatore DeMaria • Coldwell Banker Realty