Active
1311 La Palma St
San Diego CA, 92109
$7,750,000
$606.27 per sqft
Active
Land
Listed by Brian Cane with Keller Williams La Jolla 858-457-9400
OPPORTUNITY, OPPORTUNITY, OPPORTUNITY! Unparalleled Investment opportunity to own beachfront property in San Diego! This crown jewel is located right on Mission Bay in Pacific Beach, just a stone's throw from scenic Fanuel Park and Sail Bay with all the shopping, dining and nightlife Pacific Beach has to offer. La Palma Owners Association leases the land with ten beautiful condominiums located on the property. The land lease agreement expires Nov 27, 2027. Possible future opportunities may include, Renewal of land lease, long-term rentals, Airbnb rentals (STVR License Required), redevelopment, or sale of existing townhomes and underlying land. LOCATION, LOCATION, LOCATION! Just minutes from downtown San Diego's Sea World, Mission Bay Park with breathtaking sunsets. The 4,600-acre aquatic playground is the largest of its kind in the world. Surrounded by 27 miles of meandering shoreline, with a variety of waterways, inlets and islets to explore, Mission Bay is bordered by several beach communities, each with their own distinct vibe. You will quickly discover that this bustling bay area is action-packed from sunup to sundown.
230019770SD
MLSⓇ ID
October 6, 2023
Listed
October 10, 2023
Updated
Map
1311 La Palma St
San Diego CA, 92109
Exterior/Building Features
Lot Size
0.29 acres
Lot Features
Level
Other Property Details
Area Name
92109 - Pacific Beach
Garage
No
Parking
No
View
No
County
San Diego
Pool
No
Listing Contact: 858-457-9400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/10/2023. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/10/2023 at 4:59 AM UTC