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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$4,088,000

Est. payment - /mo

7 Beds

5 Baths

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Point Loma

MLS Listing ID 260023048

Bedrooms 7

Full Baths 4

Half Baths 1

Year Built 2026

Property Sub-Type Res Income 2-4 Units

Property Description

Variance granted 2-4 Units: A rare coastal investment opportunity combining two substantial residences, exceptional parking, sophisticated design, and multiple income-producing strategies. This distinctive Point Loma property offers a 2,276-square-foot primary residence with 4 bedrooms and 2.5 bathrooms, complemented by a completely separate 1,200-square-foot second residence/ADU with 3 bedrooms and 2 bathrooms. The configuration creates exceptional flexibility for an investor, owner-user, multigenerational household, or buyer seeking to offset ownership costs with rental income. The property's two-residence layout provides multiple potential strategies, including renting both residences, living in one while leasing the other, multigenerational living, extended-stay accommodations, or maintaining a dedicated second residence for family, guests, or a home-based business, subject to applicable regulations and requirements. The separation between the residences enhances privacy while creating a compelling combination of lifestyle utility and investment potential. The 2,276-square-foot main residence showcases elevated modern design with subtle mid-century influences, expansive windows, soaring ceilings, rich wood flooring, dramatic full-height tiled feature walls, quartz countertops, and a sophisticated palette of walnut, white oak, crisp white, and bold black cabinetry. The kitchen features sleek designer appliances, a Blanco sink, and an oversized island designed for entertaining, casual dining, and everyday living. See Supplemental Remarks

Location

State CA

County San Diego

Area Coastal South

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

Fence Full

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View Ocean, Panoramic, Panoramic Ocean

Roof Type Composition

Building

Water Meter on Property

Others

Senior Community No

Tax ID 448-741-10-00

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://vimeo.com/1225765089/efadc12478?share=copy&fl=sv&fe=ci

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Listed by Kevin Bennett, DRE#01948696 Compass
Co-listed byCortney L Bennett • Compass

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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4419 Narragansett Ave San Diego, CA 92107