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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$1,850,000

Est. payment - /mo

4 Beds

2 Baths

1,312 SqFt

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,312 sqft

Price per Sqft $1,410

MLS Listing ID NDP2605695

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1960

Lot Size 5,501 Sqft

Property Sub-Type Quadruplex

Property Description

Rare opportunity to acquire a fully remodeled home with shovel-ready plans for four additional units in one of San Diego's most sought-after coastal neighborhoods, Point Loma. Located at 1933 Chatsworth Blvd, this beautifully upgraded 4-bedroom, 2-bath residence has been extensively renovated with new flooring, designer bathrooms, updated kitchen, modern fixtures, upgraded systems, and fresh interior and exterior finishes throughout. What truly sets this property apart is the fully approved multifamily development opportunity included with the sale. The property comes with stamped and issued building permits for four additional dwelling units (ADUs), allowing a buyer to begin construction immediately. All major development costs have already been paid, including city fees, school fees, sewer fees, and permit fees, saving significant time, uncertainty, and expense. The approved plans create a five-unit compound consisting of the remodeled primary residence plus four additional units: • ADU 1 – 589 SF | 2 Bedrooms | 2 Bathrooms • ADU 2 – 589 SF | 2 Bedrooms | 2 Bathrooms • ADU 3 – 345 SF | 1 Bedroom | 1 Bathroom • ADU 4 – 345 SF | 1 Bedroom | 1 Bathroom With permits issued and development-ready plans in hand, investors and owner-users can skip years of entitlement work and move directly into construction. Opportunities to build new multifamily housing in Point Loma with approved permits already in place are exceptionally rare. Whether you're looking to create a high-income rental portfolio, develop a multigenerational compound, execute a 1031 exchange, or capitalize on San Diego's continued housing demand, 1933 Chatsworth Blvd offers an unmatched combination of immediate value, future upside, and coastal location.

Location

State CA

County San Diego

Area 92106 - Point Loma

Zoning RS-1-7

Interior

Interior Features All Bedrooms Down

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Biking, Dog Park, Golf, Hiking, Park, Sidewalks

View Y/N Yes

View Peek-A-Boo

Total Parking Spaces 2

Private Pool No

Building

Lot Description Value In Land

Story 1

Entry Level One

Sewer Public Sewer

Water Private

Level or Stories One

Schools

School District San Diego Unified

Others

Senior Community No

Tax ID 4495520200

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Peyman Mortezaie LPT Realty 925-858-1614, DRE #02012761

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent | License ID: 01854556

Agent License ID: 01854556

1933 Chatsworth Blvd Point Loma, CA 92107

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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