Alex DiMaria Realty

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1111 Prospect St
La Jolla, CA 92307
 (858) 242-2673
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1105 Reed Ave, San Diego, CA 92109

6 Bedrooms / 4 Baths / Multiple Family

Property Status:  For Sale | $3,150,000.00 | 


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Prime Pacific Beach Off-Market Opportunity - Seller Financing Available


Property Status:
For Sale | $3,150,000.00

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Property Details:
Property Style:
Duplex
Year Built:
1991
Finished Sq. Ft:
3,089
Garage:
4 Car Attached
Basement:
No Basement
Owner/Agent:
Real Estate Agent

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Rare 3,100 sq ft two-unit coastal duplex (two 3-bed/2.5-bath, 1,550 sq ft each) on a 3,700 sq ft RM-1-1 corner lot in Pacific Beach, San Diego (92109). Built 1991 with strong bones, in-unit laundry, four off-street spaces, two convertible garages for by-right ADUs, and panoramic rooftop ocean/Sail Bay views. Walk Score 92—900 ft to Sail Bay, four blocks to Pacific Ocean, steps from Garnet Avenue dining/nightlife.?

Current $4,850/mo income; pro forma stabilized $14,700/mo ($6,500-$7,800/unit post-upgrades + $5,000 ADUs). Value-add: $150k/unit modernization + $450k ADUs (8-12 mo timeline). Priced at $3,150,000. Qualified buyers please contact Alex for a full offering memorandum or to walk the property. 

Please do not disturb tenants.

Seller is open to seller financing. 



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