Sold

1350 54 La Palma St

San Diego CA, 92109

$2,900,000


Sold

Residential

Built in 1955

Listed by Roy Wannamaker with Epic Real Estate and Mgmt, Inc 760-550-8160

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

220016830SD

MLS ID

June 30, 2022

Listed

March 23, 2024

Updated

Map

1350 54 La Palma St
San Diego CA, 92109

Interior Features

Appliances

Gas Water Heater


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Sprinkler System


Roof

Composition

Other Property Details

Area Name

92109 - Pacific Beach


Days on Market

19


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Pool Features

None


Zoning

R-4:MULTIP


Buyer Agency Compensation

2.5%

Listing Contact: 760-550-8160 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:43 AM UTC

 

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