$2,270,000
$2,478,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
623 & 627 Colima ST La Jolla, CA 92037
9,147 Sqft Lot
Key Details
Sold Price $2,270,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2001873
Sold Date 01/07/21
HOA Y/N No
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Developable land in La Jolla, let alone in Bird Rock, is exceedingly scarce. It is even more rare for that land to be for sale in the form of 2 adjacent 4,780 SF lots, offered with complete, fees-paid, shovel-ready, Coastal Commission approved and permitted plans for two gorgeous ~2,450 SF ocean view homes. The opportunity to begin construction this quickly and easily, with these economies of scale, makes an already attractive investment that much better, especially with strong potential upside in this inventory-starved segment of the market where historically low interest rates and strong demand are continuing to fuel increasing values. This deal is ripe for owner-user(s), developer/investors or anyone looking to build equity and net worth through real estate.
Location
State CA
County San Diego
Area 92037 - La Jolla
Zoning R1:SINGLE
Interior
Fireplace No
Exterior
Community Features Curbs
View Y/N Yes
View Neighborhood, Ocean, Trees/Woods, Water
Building
Lot Description 0-1 Unit/Acre
Water Public
Others
Senior Community No
Tax ID 3576230700
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
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Bought with Taylor Robertson • Realty Source, Inc.