1303 Missouri St, San Diego, CA 92109

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.