4628 Del Monte Ave, Ocean Beach (OB), CA 92107

$1,599,000
2
BD
2
BA
1,176
SqFt
List Price
$1,599,000
Status
PENDING
MLS#
PT25178635
Bedrooms
2
Bathrooms
2
Living Sq. Ft
1,176
Property Type
Single Family Residential
Year Built
1978

Property Description

VIEWS VIEWS VIEWS!!! An exceptional opportunity for developers, investors, and anybody looking to build their DREAM home on one of the best blocks in the desirable Ocean Beach surf town. This expansive 7,000 sq ft lot is one of the few remaining open parcels in Ocean Beach, offering incredible potential in one of San Diegos most coveted coastal communities. Located just minutes from the beach, Sunset Cliffs, and all the charm of downtown OB. The existing home could use some TLC or complete redevelopment, making it a true blank canvas ready for vision. With alley access and a flat, usable footprint, the lot provides design flexibility for a range of possibilities: a custom single-family residence with outdoor space and parking, or a multi-unit build for long-term rental income or resale. The existing home being perfectly positioned on the back of the lot, with a 4 garage spaces underneath the house along the alley, allows for a plethora of options for the front of the lot. Add a second story and you will have unbelievable unobstructed ocean views as we are over 1 story above the lot to the West. Whether you're a seasoned developer, investor looking for your next project, or somebody looking to own a piece of the beach life, this is the opportunity of a lifetime. Due to the favorable RM-1-1 zoning, there are many different development strategies including, splitting the lot and building two slot homes, rehabbing the back house and adding at least 3 more units, or building your dream home and keeping the back house for additional income potential. Don't miss one of the last tr VIEWS VIEWS VIEWS!!! An exceptional opportunity for developers, investors, and anybody looking to build their DREAM home on one of the best blocks in the desirable Ocean Beach surf town. This expansive 7,000 sq ft lot is one of the few remaining open parcels in Ocean Beach, offering incredible potential in one of San Diegos most coveted coastal communities. Located just minutes from the beach, Sunset Cliffs, and all the charm of downtown OB. The existing home could use some TLC or complete redevelopment, making it a true blank canvas ready for vision. With alley access and a flat, usable footprint, the lot provides design flexibility for a range of possibilities: a custom single-family residence with outdoor space and parking, or a multi-unit build for long-term rental income or resale. The existing home being perfectly positioned on the back of the lot, with a 4 garage spaces underneath the house along the alley, allows for a plethora of options for the front of the lot. Add a second story and you will have unbelievable unobstructed ocean views as we are over 1 story above the lot to the West. Whether you're a seasoned developer, investor looking for your next project, or somebody looking to own a piece of the beach life, this is the opportunity of a lifetime. Due to the favorable RM-1-1 zoning, there are many different development strategies including, splitting the lot and building two slot homes, rehabbing the back house and adding at least 3 more units, or building your dream home and keeping the back house for additional income potential. Don't miss one of the last true buildable lots in Ocean Beach bring your vision and unlock the full potential of this unique coastal property. If this isn't a good fit for you, VERTIGO REAL ESTATE VENTURES constantly has new investment opportunities. Please call (619) 374-4019 to see active inventory!

Additional Information

View
Bay, Mountain(s), Ocean, Water, Coastline, Neighborhood, Water, City
Stories
1
Cooling
None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jakob Hedger (916-740-0102) from Listing Office: Premier Realty Associates.

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