623 and 627 Colima Street

US $2,478,000
623 and 627 Colima Street
La Jolla, CA, United States
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. 2020-11-20

Listing Agent

Drew & Tim Nelson

Willis Allen Real Estate
dnelson@willisallen.com

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