Sold for $1,150,000 on Apr 5, 2018
Development opportunity near desirable Sunset Cliffs and OB with OCEAN VIEWS! Existing 921 sqft home on 7000 sqft lot with plans to build either a single family home or 2 twinhomes, 3200 sq. ft each on a double lot. Alley access for potential garage and off-street parking. Great investment in a coveted area near the beach, shops and dining! BUILD YOUR DREAM HOME OR INVESTMENT PROPERTY! Easy freeway access! SEE SUPPLEMENT FOR DETAILS ON DEVELOPMENT., Currently submitted for a coastal development permit for the twinhome plans. Takes 4-6 months to get approved. Once approved CDP in hand then, submit for building permit. Takes 3-4 months. So construction of twinhome is 7-9 months out. Separately there are plans for a remodel with CDP exemption the existing house to a new 3200 sqft home. This plan would have to be revised to have garage on alley. The garage would be detached. That would take 2-3 months to get approved and start construction. Last option would be to get rid of the existing home and start new. That would take 12 months to be construction ready.
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