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Sold for $1,875,000 on 07/24/23
  • $1,875,000

    5059-2 Del Monte Ave, San Diego, CA 92107

    2beds
    2baths
    --sqft
    Multi Family
    Built in 1938
    -- sqft lot
    $2,450,400 Zestimate®
    $--/sqft
    $4,176 Estimated rent

    What's special

    Exceptional development opportunity in prime Ocean Beach! Located just one property away from the oceanfront, this RM2-4 zoned property is mostly level and situated on a rare corner lot with street and alley access. Occupying just a fraction of this lot's potential is an existing 2-story duplex with 1BR plus office/1BA downstairs and 1BR/1BA upstairs. Alley corridor ocean views from upstairs and shared laundry shed downstairs! Both units have approximately 660sf of living space and are in need of repair and updating. Existing building sits elevated off street at back of the lot and has two uncovered driveway parking spaces. Amazing location within walking distance to Ocean Beach business district, restaurants, coffee shops, OB Pier and Sunset Cliffs. Great potential for savvy buyer to develop this lot into a spectacular single family home or 2 new units!

    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2023 at 04:15pm

    Listed by:

    Steven E Cairncross DRE #00859218 858-859-3370,

    Berkshire Hathaway HomeServices California Properties,

    Lisa Perich DRE #01489346 619-865-1022,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Matthew Tovey, DRE #02014449

    Berkshire Hathaway HomeServices California Properties

    Source: SDMLS,MLS#: 230011041MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Wall/Gravity, Other/Remarks
    Cooling
    • N/K
    Features
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 1,320

    Property

    Features
    • Levels: 2 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Partial
    • Has view: Yes
    • View description: Ocean, Other/Remarks
    • Has water view: Yes
    • Water view: Ocean
    • Frontage type: N/K
    Lot
    • Size: 6,534 sqft
    • Dimensions: 44 x 145
    Details
    • Zoning: R-4
    • Zoning description: R-4
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood/Stucco
    • Roof: Composition
    Condition
    • Year built: 1938

    Utilities & green energy

    • Water: Available, Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: N/K
    Community
    • Community features: N/K
    Location
    • Region: San Diego
    • Subdivision: OCEAN BEACH

    HOA & financial

    HOA
    • Services included: N/K

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Get a cash offer in 3 minutes

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    Estimated market value

    $2,450,400

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $2,450,400