1303 Missouri St, San Diego, CA 92109
1303 Missouri St, San Diego, CA 92109
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$2,350,000
Est. payment /mo
5 Beds
2 Baths
1,200 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $1,958

Subdivision Pacific Beach

MLS Listing ID 260023942

Style Contemporary,Modern

Bedrooms 5

Full Baths 2

Year Built 1947

Lot Size 6,251 Sqft

Property Sub-Type Detached

Property Description

Income today, development potential tomorrow in North Pacific Beach. 1303 Missouri St features an existing single family residence generating $8,500 per month in rental income, plus shovel ready plans delivered stamped by city opon COE. The proposed ADUs include one 1-bedroom/1-bath, one studio/1-bath, and two 2-bedroom/1-bath units, totaling approximately 2,400 square feet of new residential space making this a 5 unit upon completion. Private patios and balconies, 2 tandem parking spaces, in-unit laundry and a 2025 brand new remodel on the existing residence. Retain the existing home and create a five-unit coastal rental property. An opportunity for a buyer to pursue construction financing at acquisition. Pacific Beach's limited new housing supply adds to the appeal. With limited units coming online recently and the longstanding 30-foot height framework many investors are seeking for recession proof rents in Pacific Beach. Not to mention the scarce available land contribute with pacific ocean, high way 5 and the other significant barriers to new construction in the coastal overlay zone. Conveniently located near beaches, dining, shopping, and recreation, this property combines existing income with a defined expansion plan in one of San Diego's most sought-after coastal neighborhoods. Buyer to verify rents, permit status, paid fees, development requirements, and construction timeline. Images are architectural renderings depicting proposed improvements that have not yet been constructed. Renderings are for illustrative purposes only.

Location

State CA

County San Diego

Area Coastal South

Zoning RS-1-7

Interior

Interior Features Open Floor Plan

Heating Heat Pump

Cooling Attic Fan, Central Forced Air, Electric

Fireplace No

Appliance Refrigerator, Washer, Range/Stove Hood

Laundry Electric

Exterior

Parking Features Attached

Garage Spaces 1.0

Fence Wood

Amenities Available Banquet Facilities

View Y/N No

Water Access Desc Public

Roof Type Shingle

Accessibility None

Porch Patio

Total Parking Spaces 4

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 416-382-01-00

Acceptable Financing Cash

Listing Terms Cash


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MLS Router / San Diego MLS
Listed by Christopher J Luna, DRE#02082702 Backyard Brokerage Inc. 

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1303 Missouri St