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Bedrooms
Sold for $894,000 · Apr 2024
SOLDListed at $1,050,000
San Diego, CA
MLS# 230023197SD
Aaron Bove
Listing Agent
Marcus & Millichap
DRE #: 01318320
Brokerage: Marcus & Millichap
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Bedrooms
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Bathrooms
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Square Feet
1960
Year Built
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Garage Spaces
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HOA
Property
Property Type
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.
Location not available for this listing.
1 recorded sale
1815 Dahlia Avenue sold for $894,000 in April 2024, 15% under its $1,050,000 list price, after 30 days on the market. Across 232 closed sales in 92154 over the last 12 months, the median sold price is $712,500 and the median is $440 per square foot.
| Quarter | Closed sales in 92154 | Median sold price |
|---|---|---|
| Q1 2026 | 27 | $690,000 |
| Q2 2026 | 93 | $715,000 |
| Q3 2026 | 93 | $720,000 |
| Q4 2026 | 19 | $720,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Diego · Homes for sale in 92154
Closed sales reported in 92154, newest first, last 12 months. All recent sales in San Diego →
1815 Dahlia Avenue
Contact Aaron Bove
Contact via Nalren messaging
Contact Listing Agent
Marcus & Millichap
DRE #01318320
Contact information is not available for this listing.