623 & 627 Colima Street
623 & 627 Colima Street
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$2,270,000

623 & 627 Colima Street

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.

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Location

623 & 627 Colima Street, La Jolla, CA 92037

Status

Sold
Tim Nelson

Tim Nelson

Drew Nelson

Drew Nelson

Property Amenities

View additional property information below.
Area & Lot
Lot Area 0.21 Acres
MLS® ID NDP2001873
View Description Neighborhood,Ocean,Trees/Woods,Water
Type LAND
Status Sold
Exterior
Water Source Public
Lot Features 0-1 Unit/Acre
Finance
Sales Price $2,270,000

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