623 COLIMA,  LA JOLLA, CA 92037

Lot Number , 0.21 Acres, Bird Rock

$2,478,000

Sold Price:$2,270,000

Sold Date:01-07-2021


Developable land in La Jolla, let alone in Bird Rock, is exceedingly scarce. It is even more rare for that land to be for sale in the form of 2 adjacent 4,780 SF lots, offered with complete, fees-paid, shovel-ready, Coastal Commission approved and permitted plans for two gorgeous ~2,450 SF ocean view homes. The opportunity to begin construction this quickly and easily, with these economies of scale, makes an already attractive investment that much better, especially with strong potential upside in this in

Developable land in La Jolla, let alone in Bird Rock, is exceedingly scarce. It is even more rare for that land to be for sale in the form of 2 adjacent 4,780 SF lots, offered with complete, fees-paid, shovel-ready, Coastal Commission approved and permitted plans for two gorgeous ~2,450 SF ocean view homes. The opportunity to begin construction this quickly and easily, with these economies of scale, makes an already attractive investment that much better, especially with strong potential upside in this inventory-starved segment of the market where historically low interest rates and strong demand are continuing to fuel increasing values. This deal is ripe for owner-user(s), developer/investors or anyone looking to build equity and net worth through real estate.



DETAILED INFORMATION
MLS#:NDP2001873Sold Price:$2,270,000
Sold Date:01-07-2021 Original Price:$2,478,000
List Status:SoldProperty Type:Lots/land
Days on Market:77Acres:0.21
Parcel Number:3576230700Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:Cross Street: Waverly Ave
Lot Number:Frontage Dim:
Grid:Lot Dim:
Subdivision:Bird RockLot Sqft:9561
Community:Sold Price Per Sqft:N/A
Current Use:Lot Size:7,500-10,889 Sf
Best Use:Lot Description:Curbs
Development:Structures:
Zoning:View
Sewer:Utilities:
Fence:Utilities Location:
Topography:Frontage:
Water:Water District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Age Restrictions:Miscellaneous:
Additional Land Use:Amenities:
Boat Facilities:Irrigation:
Approved Plans:Loan Terms:Cash
School District:Sale Terms:Cash,Conventional


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


   COLIMA, LA JOLLA, 92037Bird Rock77 $2,478,000$
FOR SALE AVERAGES:0 0 00


NEARBY SOLD LAND PREVIOUS 12 MONTHS FROM LISTING SOLD DATE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

  5522 BEAUMONT AVE, LA JOLLA, CA 92037BIRD ROCK444290$1,100,000$256.4103
  5522 BEAUMONT AVE, LA JOLLA, CA 92037LA JOLLA444290$1,100,000$256.4103
  1002 VAN NUYS ST, SAN DIEGO, CA 92109PACIFIC BEACH1700$401,501$0
  0000 VAN NUYS STREET, SAN DIEGO, CA 92109PACIFIC BEACH1560$500,000$0
  5080 CASS, SAN DIEGO, CA 92109PACIFIC BEACH2043801$1,300,000$342.0153
  1510 COPA DE ORO, LA JOLLA, CA 92037LA JOLLA3811000$1,550,000$140.9091
  1435 DEER HILL, LA JOLLA, CA 92037MUIRLANDS7514279$260,000$18.2086
   VAN NUYS ST, SAN DIEGO, CA 92109SEA VIEW HEIGHTS862667$565,000$211.8485
   VAN NUYS STREET, SAN DIEGO, CA 92109SEA VIEW HEIGHTS616253$890,000$142.3317
  1265 VAN NUYS ST., SAN DIEGO, CA 92109PACIFIC BEACH1456253$1,150,000$183.9117
   ARCHER, SAN DIEGO, CA 92109SEA VIEW HEIGHTS936151$635,000$103.2352
  5253 CARDENO DRIVE, SAN DIEGO, CA 0NORTH PACIFIC BEACH913874$875,000$63.0676
  6031 FOLSOM DRIVE, LA JOLLA, CA 92037UPPER HERMOSA2030$1,250,000$0
   LA JOLLA RANCHO RD, LA JOLLA, CA 92037MUIRLANDS021780$2,750,000$126.2626
  1247 INSPIRATION DR, LA JOLLA, CA 0MUIRLANDS00$3,300,000$0
  1136 MUIRLANDS DR, SAN DIEGO, CA 92037MUIRLANDS6820163$2,785,000$138.1243
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH13710122$1,830,000$180.7943
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH16911555$1,450,000$125.4868
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH9710002$1,575,000$157.4685
  1685.5 LOS ALTOS RD, SAN DIEGO, CA 92109KATE SESSIONS PARK371207345$10,000,000$48.2288
  6083 LA JOLLA SCENIC DRIVE, LA JOLLA, CA 92037MUIRLANDS459677$2,768,500$46.3914
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH4716821$2,100,000$124.8439
  1685.5 LOS ALTOS RD, SAN DIEGO, CA 92109NORTH PACIFIC BEACH560$1,200,000$0
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH9810306$1,800,000$174.6555
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH21610306$2,200,000$213.4679
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH5010019$1,675,000$167.1824
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH10610155$1,200,000$118.1684
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH13417130$1,750,000$102.1600
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH1211422$1,475,000$129.1368
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH6310699$1,450,000$135.5267
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH010196$1,475,000$144.6646
  1685.5 LOS ALTOS, SAN DIEGO, CA 92109NORTH PACIFIC BEACH9710075$1,160,000$115.1365
  870 GARNET AVE, SAN DIEGO, CA 92109PACIFIC BEACH270$4,000,000$0
  6099 LA JOLLA SCENIC DR S, LA JOLLA, CA 92037MUIRLANDS7144431$2,800,000$63.0191
  1552 MONMOUTH, SAN DIEGO, CA 92109CONGRESS HEIGHTS920$2,000,000$0
  6283 LA JOLLA SCENIC DR SOUTH, LA JOLLA, CA 92037MUIRLANDS9027442$2,650,000$96.5673
  000 CHALCEDONY ST. 36, SAN DIEGO, CA 92109PACIFIC BEACH373149$290,000$92.0927

SOLD AVERAGES:91 20,188 $1,817,838$141




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Listing Provided Courtesy of: Drew Nelson, Willis Allen Real Estate.

Listing sold by: Taylor M Robertson, Realty Source, Inc..
Data Updated May 15 2024 07:12:15
Listing Last Modified:01-17-2021 01:57:21

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