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+16197010309
Century 21 Affiliated
1303 Missouri St, Pacific Beach/Mission Beach, CA 92109
- $2,350,000
- 5
- BD
- 2
- BA
- 1,200
- SqFt
- List Price
- $2,350,000
- Status
- ACTIVE
- MLS#
- 260023942SD
- Year Built
- 1947
- Bedrooms
- 5
- Bathrooms
- 2
- Living Sq. Ft
- 1,200
- Lot Size
- 6,251
- Acres
- 0.14
- Lot Location
- Corner Lot
- Days on Market
- 2
- Property Type
- Single Family Residential
- Style
- Contemporary, Modern
- Property Sub Type
- Single Family Residence
- Stories
- Two Levels
- Neighborhood
- Pacific Beach
Property Description
Income today, development potential tomorrow in North Pacific Beach. 1303 Missouri St features an existing single family residence generating $8,500 per month in rental income, plus shovel ready plans delivered stamped by city opon COE. The proposed ADUs include one 1-bedroom/1-bath, one studio/1-bath, and two 2-bedroom/1-bath units, totaling approximately 2,400 square feet of new residential space making this a 5 unit upon completion. Private patios and balconies, 2 tandem parking spaces, in-unit laundry and a 2025 brand new remodel on the existing residence. Retain the existing home and create a five-unit coastal rental property. An opportunity for a buyer to pursue construction financing at acquisition. Pacific Beach’s limited new housing supply adds to the appeal. With limited units coming online recently and the longstanding 30-foot height framework many investors are seeking for recession proof rents in Pacific Beach. Not to mention the scarce available land contribute with pacific ocean, high way 5 and the other significant barriers to new construction in the coastal overlay zone. Conveniently located near beaches, dining, shopping, and recreation, this property combines existing income with a defined expansion plan in one of San Diego’s most sought-after coastal neighborhoods. Buyer to verify rents, permit status, paid fees, development requirements, and construction timeline. Images are architectural renderings depicting proposed improvements that have not yet been constructed. Renderings are for illustrative purposes only.
Additional Information
- Association Amenities
- Meeting/Banquet/Party Room
- Appliances
- Electric Water Heater, Refrigerator, Range Hood
- Pool Description
- None
- Heat
- Electric, Heat Pump
- Cooling
- Yes
- Cooling Description
- Central Air, Electric
- Exterior Construction
- Stucco
- Patio
- Patio
- Roof
- Shingle
- Garage Spaces Total
- 1
- Water
- Public
- Interior Features
- Open Floorplan, Bedroom on Main Level
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Christopher Luna (lunachris4@gmail.com) from Listing Office: Backyard Brokerage Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.