$1,795,000

818-820 San Luis Rey Place, San Diego, CA 92109

  • 4 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1954
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

Exceptional two unit opportunity in one of the most desirable pockets of South Mission Beach. Set on a quiet street just a few homes from Mission Bay and 2 blocks from the majestic Pacific, this property offers a rare combination of versatility and potential. The existing 1,694 sf duplex includes a 3-bed, 2-bath main residence with an attached 2-car garage, plus an attached 1-bedroom, 1-bath upper unit with its own entrance, deck, and additional off-street parking space. The upper unit is currently open to the main residence but can be easily closed for separate occupants. The 2,400 sf lot is zoned R-2, allowing two units per parcel and providing options to renovate or redevelop to optimize value as either a duplex or larger single family residence. Current zoning may support new construction totaling over 2,600sf of combined living area. In 2018, plans were commissioned to construct a stunning 3 story duplex with rooftop view deck. Now expired but potential to reopen. Located near the tranquil bayside of the peninsula and within easy walking distance of the beach, parks, and local amenities, this property sits in one of Mission Beach’s most coveted and quiet enclaves. For developers or end users alike, the offering represents a rare chance to secure a legacy-level holding—particularly given the adjacent property (814-816 San Luis Rey) is also available, enabling a combined project of extraordinary scale and potential. First time on the market in over 50 years - do not miss this opportunity to make your own mark in this cherished beach community.

Listing Status:
Active
Listing Office:
Compass : 858-483-3534
Listing Agent:
Adam Roark : 858-869-3292
MLS ID:
250041603
  • A/C: N/K
  • Heating: Forced Air UnitNatural Gas
  • Pool: N/K
  • Roofing: Composition
  • General: Wood2 Story
  • Originating MLS: SDMLS
  • County: San Diego
  • Zoning: MBPD-R-S423-746-13-00
  • Fencing: Full
  • Utilities: Sewer Connected
  • Water: Meter on Property
  • Source: SDMLS

This listing courtesy of Adam Roark, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

O

Ocean Beach Elementary School

4741 Santa Monica Ave, San Diego, CA, 92107

Grades KG-4

1.15 miles away

C

Correia Middle School

4302 Valeta St, San Diego, CA, 92107

Grades 7-8

1.38 miles away

P

Point Loma High School

2335 Chatsworth Blvd, San Diego, CA, 92106

Grades 9-12

2.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby