4-Unit Opportunity in Pacific Beach with Plans to Build 3-ADUs

Highlights:

• ±6,218 SF Coastal Site: Well-positioned infill property in the heart of Pacific Beach
• Four Existing Residences: Desirable mix of one- and two-bedroom units totaling approximately 3,700 SF
• RM-2-5 Zoning: Multifamily residential zoning with a 1,500 SF base density and up to 2.5
• Three Planned ADUs: Proposed expansion to seven total units and approximately 6,952 SF
• Compelling Value-Add Potential: Opportunity to enhance rents, modernize the existing units, and add new units
• Plans Nearing Completion: Conceptual plans are expected to be ready for submittal within the next few weeks
• Prime Pacific Beach Location: Located near the beach, Mission Bay, dining, shopping and recreation
• Immediate Income with Upside: Existing rents provide cash flow during the planning and development process

Documents: