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Angelica & Robert Gregory ~ Brandon Gregory

angelica@gregoryteam.com +1(562) 556-1519

$ 2,350,000

Est. payment | -/mo

5 Beds

2 Baths

1,200 SqFt

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$ 2,350,000

Est. payment | -/mo

Save

5 Beds

2 Baths

1,200 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $1,958

Subdivision Pacific Beach

MLS Listing ID 260023942SD

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1947

Lot Size 6,250 Sqft

Property Sub-Type Single Family Residence

Property Description

Income today, development potential tomorrow in North Pacific Beach. 1303 Missouri St features an existing 5-bedroom, 2-bath residence generating $8,500 per month in rental income, plus stamped, ready-to-issue plans for four additional ADUs with all permit fees paid, per seller. The proposed ADUs include one 1-bedroom/1-bath, one studio/1-bath, and two 2-bedroom/1-bath units, totaling approximately 2,400 square feet of new residential space making this a 5 unit. rivate patios and balconies, in-unit laundry, air conditioning, electric water heating, and four off-street parking spaces. Retain the existing home and create a five-unit coastal rental property. An opportunity for a buyer to pursue construction financing at acquisition and move promptly toward construction, with a seller-targeted completion of January 2027, subject to contractor scheduling, permit issuance, and utility coordination. Pacific Beach's limited new housing supply adds to the appeal. With only 155 units delivered in PB over the preceding five years presents an opportunity to maximize rents in coming years. Coastal development requirements, the longstanding 30-foot height framework, and scarce available land contribute to significant barriers to new construction. 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. Renderings depict proposed improvements.

Location

State CA

County San Diego

Area 92109 - Pacific Beach

Zoning RS-1-7

Interior

Interior Features Open Floorplan, Bedroom on Main Level

Heating Electric, Heat Pump

Cooling Central Air, Electric

Fireplace No

Appliance Electric Water Heater, Refrigerator, Range Hood

Laundry Electric Dryer Hookup, Inside

Exterior

Parking Features Paved

Garage Spaces 1.0

Garage Description 1.0

Fence Wood

Pool None

Amenities Available Meeting/Banquet/Party Room

View Y/N No

Roof Type Shingle

Accessibility None

Porch Patio

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Water Public

Architectural Style Contemporary, Modern

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 4163820100

Acceptable Financing Cash

Listing Terms Cash

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Christopher Luna Backyard Brokerage Inc. #02082702

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 556-1519

angelica@gregoryteam.com

1303 Missouri St San Diego, CA 92109

Angelica & Robert Gregory ~ Brandon Gregory

Key Details

Location

Interior

Exterior

Building

Others

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1303 Missouri St