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818 San Luis Rey Pl San Diego, CA 92109

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For Sale
$1,741,250

Two-unit property near Mission Bay and the Pacific Ocean.

Property Features for 818 San Luis Rey Pl

General Information

Property type
Investment
Standard status
Active

Building Details

Year built
1954

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Listing Contact
Adam Roark
Source: Elliman

Listing Agent: Adam Roark

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mission Beach Duplex Opportunity

This two-unit property is located in South Mission Beach, situated on a quiet street near Mission Bay and two blocks from the Pacific Ocean. The existing 1,694 square foot duplex features a 3-bed, 2-bath main residence with an attached 2-car garage. Additionally, there is an attached 1-bedroom, 1-bath upper unit with its own entrance, deck, and off-street parking space. The upper unit is currently open to the main residence but can be easily closed off for separate occupants. The 2,400 square foot lot is zoned R-2, allowing two units per parcel, which provides options to renovate or redevelop to optimize value as either a duplex or a larger single-family residence. The current zoning may support new construction totaling over 2,600 square feet of combined living area. In 2018, plans were commissioned to construct a 3-story duplex with a rooftop view deck; these plans have now expired but have the potential to be reopened. The property is located near the bayside of the peninsula and within walking distance of the beach, parks, and local amenities. The adjacent property is also available, enabling a combined project.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
San Diego
County
San Diego
State
California
Longitude
-117.2499745
Latitude
32.7616533

FAQs

What type of property is this?
Duplex - Two-unit property near Mission Bay and the Pacific Ocean.
Where is this duplex located?
The property is located at 818 San Luis Rey Pl San Diego, CA.
What is the asking price?
The asking price for this property is $1,741,250.
What are key features of this property?
This property features: - Highly desirable South Mission Beach location: Quiet street, close to Mission Bay and the Pacific Ocean.; - Two-unit property with versatile use: Can be used as a duplex or converted into a larger single-family residence.; - R-2 zoning: Offers redevelopment potential, possibly supporting over 2,600 sf of combined living area.
More about this property
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