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4379-4383 MONTALVO ST,  SAN DIEGO, CA 92107

Lot Number 0, Acres, Point Loma Heights/ocean Beach

$1,295,000

Sold Price:$1,265,000

Sold Date:06-14-2019


The subject property has an existing 3 units (1 front house and 2 units on the rear building) and situated between the streets of Valeta & Montalvo. Current rents of all the units are below the market. This is a rare development opportunity to acquire a piece of property that has approved plans in place. The approved plans with conditions received from the City of San Diego allows to build 9 units with underground parking. This is a Probate sale. See Supplement.

The approved plans is composed of 6 two-story townhomes and 3 flats on the third level. This property gives the potential owner the opportunity to build the approved plans and sell after completion or hold and run as apartments to enjoy the income and appreciation of a piece of real estate in a rapidly growing area. It also gives the potential owner the option to sell later on the completed 9 units as an apartment or sell each unit individually as condos.



DETAILED INFORMATION
MLS#:190012620Sold Price:$1,265,000
Sold Date:06-14-2019 Original Price:$1,295,000
List Status:SoldProperty Type:Lots/land
Days on Market:99Acres:
Parcel Number:449-863-03-00Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:
Lot Number:0Frontage Dim:
Grid:Lot Dim:
Subdivision:Point Loma Heights/ocean BeachLot Sqft:8705
Community:Ocean BeachSold Price Per Sqft:N/A
Current Use:Lot Size:7,500-10,889 Sf
Best Use:Multi-dwellingLot Description:
Development:Structures:
Zoning:RM3-7View
Sewer:Utilities:Electric,natural Gas,other/remarks
Fence:Partial,other/remarksUtilities Location:
Topography:Other/remarksFrontage:Other/remarks
Water:Available,meter On PropertyWater District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Age Restrictions:N/kMiscellaneous:
Additional Land Use:N/kAmenities:
Boat Facilities:Irrigation:Other/remarks
Approved Plans:YesLoan Terms:
School District:Sale Terms:Cash,Other/Remarks


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT
  0000 CATALINA BLVD, SAN DIEGO, CA 92107PT LOMA214817 $985,000$204
  4744 VOLTAIRE, SAN DIEGO, CA 921071655001 $1,299,000$260
   MONTALVO ST, SAN DIEGO, 92107Point Loma Heights/ocean Beach99 $1,295,000$
FOR SALE AVERAGES:93 4,909 $1,142,000$232


NEARBY SOLD LAND PREVIOUS 12 MONTHS FROM LISTING SOLD DATE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT
  4312 RIALTO STREET, SAN DIEGO, CA 92107POINT LOMA450$765,000$0
  4268 WHITTIER STREET, SAN DIEGO, CA 92107POINT LOMA HEIGHTS430$675,000$0
  4268 WHITTIER ST, SAN DIEGO, CA 921073189575$1,370,000$143.0809
   CURTIS ST, SAN DIEGO, CA 92106LOMA HEIGHTS00$196,000$0
  4870 VOLTAIRE STREET, SAN DIEGO, CA 92107OCEAN BEACH745000$875,000$175.0000
  4209 NEWPORT AVENUE, SAN DIEGO, CA 92107POINT LOMA847654$560,000$73.1644
  4537 NEWPORT AVE., SAN DIEGO, CA 92107OCEAN BEACH1187000$1,700,000$242.8571
  0 LA CRESTA, SAN DIEGO, CA 92107285187$699,000$134.7600
  0 MOANA, SAN DIEGO, CA 92107SUNSET CLIFFS / POINT LOMA936251$600,000$95.9846
  4563 NIAGARA AVENUE, SAN DIEGO, CA 92107SUNSET CLIFFS416160$700,000$113.6364
  4546 DEL MONTE, SAN DIEGO, CA 92107POINT LOMA HEIGHTS865250$660,000$125.7143
  3953 WILDWOOD 14 BLK3, SAN DIEGO, CA 92107POINT LOMA HEIGHTS456104$555,000$90.9240
  3350 OLIPHANT ST, SAN DIEGO, CA 92106LOMA PORTAL686063$395,000$65.1493
  0000 STERNE, SAN DIEGO, CA 92106ROSEVILLE520$569,250$0
  4575 PESCADERO AVENUE, OCEAN BEACH (SAN DIEGO), CA 92107827005$1,395,000$199.1435
  3027 KEATS ST, SAN DIEGO, CA 92106POINT LOMA995001$1,150,000$229.9540
SOLD AVERAGES:80 6,354 $804,016$141




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Listing Provided Courtesy of: Curtis Gabhart, SVN Asset Advisory Group.
Listing sold by: Don Rood, Bonanza Realty.
Data Updated May 21 2024 08:45:02
Listing Last Modified:09-28-2020 08:47:28

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