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1815 Dahlia Avenue, San Diego, CA 92154

Property

1815 Dahlia Avenue, San Diego, CA 92154 Sold April 2024 CRMLS
$894,000Sold April 2024

Listing Agent: Aaron Bove (DRE #01318320) · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Aaron Bove · Marcus & Millichap · MLS #230023197SD · Source: CRMLS

0
Bathrooms
1960
Year Built
Property
Type
1
Stories
CentralAir
Cooling

About this property

Welcome to an exciting investment opportunity in the heart of San Diego’s Imperial Beach neighborhood, California. This redevelopment project offers a prime location in this coastal community, where the sun, surf, and sand are just moments away. There are currently 2 detached units; a 3 bedroom 1 bathroom, and a 2 bedroom 1 bathroom. Prime Location: Situated in the desirable city of San Di-ego, this redevelopment project offers proximity to the beach, local amenities, and the relaxed Southern California lifestyle. RM-1-1 Zoning: The property boasts RM-1-1 zoning, al-lowing for medium-density residential development, making it an ideal canvas for your multifamily project vision. Spacious Lot: With a generous lot size of 16,370 square feet, there is ample space to create a well-designed and spacious living environment for future residents. Development Potential: 6 Dwelling Units (DU) complemented by ±26 Accessory Dwelling Units (ADUs), culminating in a total of 34 total units. TPA Site: San Diego’s zoning codes may allow developers in TPAs to provide fewer parking spaces per unit or square footage of commercial space. This reduction can significantly lower construction costs, as building and maintaining parking facilities can be expensive. This is a remarkable opportunity for developers and investors to create a thriving multifamily residential development in Imperial Beach’s charming coastal setting.

Listing description from the April 2024 sale, as reported to CRMLS.

Sale history

$894,000
Sold April 2024 · listed $1,050,000, on market November 2023 · MLS #230023197SD · Source: CRMLS
Listing Agent: Aaron Bove · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Aaron Bove · Marcus & Millichap
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