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… Read More 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. 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. Read Less
Property listed by Backyard Brokerage Inc., Christopher Luna 916-397-4367
Listing Snapshot
Days Online
13
Last Updated
Property Type
SingleFamilyResidence
Beds
5
Full Baths
2
Square Ft.
1,200
Lot Size
0.14 Acres
Year Built
1947
MLS Number
260023942SD
Additional Details
Appliances & Equipment
ElectricWaterHeater, Refrigerator, RangeHood
Building
Built in 1947, Living area: 1200.0, 2 stories, Levels: Two, Entry level: 1, Entry location: 1, Construction Materials: Stucco
Community
5 units in community
Cooling
CentralAir, Electric
Accessibility Features
None
Exterior Features
Patio/Porch Features: Patio
Fence
Wood
Garage
1 spaces
Heating
Electric, HeatPump
Home Owner's Association
Amenities: MeetingBanquetPartyRoom
Interior Features
OpenFloorplan, BedroomOnMainLevel
Laundry
ElectricDryerHookup, Inside
Lot
0.1435 acres, CornerLot
Parking
3 open parking spaces, 4 total parking spaces, Paved
Pool
None
Roof
Shingle
Taxes
Parcel Number: 4163820100, Zoning: RS-1-7
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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