4377 RIALTO ST,  SAN DIEGO, CA 92107

Lot Number 449-867-01-00, 0.14 Acres, Loma Portal

$2,500,000


SHOVEL READY BUILD OPPORTUNITY! Don t miss out on this centrally located coastal opportunity that is minutes to the beach and minutes to all of the new development coming to Midway! This 16 unit complex offers the density and design desired by located investors and renters alike. This property bodes 16 total units with a mix of: SIX 1 Bedroom 1 Baths TWO 2 Bedroom 1 Baths EIGHT 1 Studio Visitor Accommodation Units With this rental mix you are currently allowed to rent the 8 Studio Visitor accommodation units as Short Term rentals as they are zoned as visitor accommodation units. This would not preclude long term rent if they is the desired investment strategy around. This property is shovel ready and all plans and required fees are attached to the listing for review. If you are looking for your next crown jewel property look no further. If you are looking for seller financing as well, that is available with the appropriate terms.



DETAILED INFORMATION
MLS#:240004054Price:$2,500,000
Listing Date:02-23-2024Original Price:$2,500,000
List Status:ActiveProperty Type:Lots/land
Days on Market:70Acres:0.14
Parcel Number:449-867-01-00Sign on Property:
Parcel Map Number:00108Thomas Brothers Map:
Tentative Map Number:Directions:Located Off W Point Loma
Lot Number:449-867-01-00Frontage Dim:
Grid:Lot Dim:
Subdivision:Loma PortalLot Sqft:6255
Community:Point LomaPrice Per Sqft:N/A
Current Use:Commercial,residential,other/remarksLot Size:4,000-7,499 Sf
Best Use:Commercial,residentialLot Description:
Development:Building Plans Approved,n/kStructures:
Zoning:RM 2-5View
Sewer:Utilities:Electric,natural Gas,telephone,other/remarks
Fence:Other/remarksUtilities Location:
Topography:Slope GentleFrontage:N/k
Water:Meter On PropertyWater District:
Association Fee:$0Assoc Includes:N/k
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:N/k
Mello Roos:$0Mello Roose Paid:
Age Restrictions:N/kMiscellaneous:Value In Land,n/k
Additional Land Use:N/kAmenities:N/k
Boat Facilities:Irrigation:N/k
Approved Plans:Loan Terms:
School District:Sale Terms:Cash,Exchange,Seller May Carry


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT

  4744 VOLTAIRE, SAN DIEGO, CA 921071475001 $1,325,000$265

   RIALTO ST, SAN DIEGO, 92107Loma Portal70 $2,500,000$
FOR SALE AVERAGES:147 5,001 $1,325,000$265


NEARBY SOLD LAND PREVIOUS 12 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

  4379-4383 MONTALVO ST, SAN DIEGO, CA 92107POINT LOMA HEIGHTS/OCEAN BEACH998705$1,265,000$145.3188
  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
  4537 NEWPORT AVE., SAN DIEGO, CA 92107OCEAN BEACH1187000$1,700,000$242.8571
  4209 NEWPORT AVENUE, SAN DIEGO, CA 92107POINT LOMA847654$560,000$73.1644
  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

SOLD AVERAGES:82 6,632 $772,804$128




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Listing Provided Courtesy of: Andrew T Greer, Real Broker.
Data Updated May 03 2024 14:09:31
Listing Last Modified:03-11-2024 20:14:10

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