643 Bonair Street

3 3 0

Seller is willing to accept offers between $2.2M & $2.3M. Spectacular opportunity for Developer or owner wishing to customize a property into a complex with multiple units. Located approximately 3 blocks from the beach, the current configuration consists of a 3 bd 3 ba home and a Granny Flat that was converted from the garage. The owners have secured a Coastal Development Permit for the existing 2 units that is valid until June 2023. According to our Architect, Mark Lyon, the property may be developed for up to 4 units, pending City and Coastal Comission approval. The property has the potential to be highly upgraded to a larger luxury home plus additional living unit. The current owner has run a successful seasonal rental business. The seasonal rental business has resulted in revenues significantly higher than longer term rentals. Virtual tour: https://ranchophotos.com/mls/643-bonair-st/
643 Bonair Street, La Jolla, CA 92037 | Residential | Single Family Residence | Active | 1820 SF | 5998 SF Lot | Built 1936 | 1 Stories | MLS# LG20158335

Offered at $2,300,000

Features

Beds: 3 | Baths: 3.00 | Interior Features: Ceiling Fan(s) | Pool: No | View: None | Colling : None | Heating : Fireplace(s)

Meet an expert

Troy Palmquist
Agent | DRE# 01772139

805.409.3662

Based on information from California Regional Multiple Listing Service, Inc. as of October 28, 2020. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by
Rick Martin, Rick T. Martin, Broker, Source: Local MLS