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Key Details
Sold Price $2,695,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision La Jolla
MLS Listing ID 210022281
Sold Date 12/13/21
HOA Y/N No
Lot Size 7,331 Sqft
Property Description
Rare-in-a-lifetime opportunity to acquire a lot in the heart of the village. Walk a block to world-famous La Jolla Caves, another to the cove, & even fewer steps to the shops, restaurants & venues that make La Jolla a global destination. RM-1-1 zoning allows one home per 3,000sq.ft. and means the 7,330sq.ft. lot is legal for two units. The allotted .75 Floor Area Ratio means your footprint is allowable to 5,497sq.ft. Go a 2nd floor for ocean views & enjoy your gardens on the quiet mostly residential street. Build a large primary residence, add an ADU; submit for a small lot subdivision to build two SFRs with underground parking; design and build twin homes or detached cloud condos under an HOA plan; add a subterranean basement to each home for parking and more living space. Your build options to be verified with the City of San Diego.
Location
State CA
County San Diego
Area 92037 - La Jolla
Zoning RM-1-1
Interior
Fireplace No
Exterior
Fence Partial
Present Use Residential
Building
Lot Description Level
Others
Senior Community No
Tax ID 3501101100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with Diana DuPre • DuPre Real Estate