Excellent INVESTOR / DEVELOPMENT Opportunity Located in LA PLAYA (Pt. Loma). 7500 sq. ft. FLAT LOT with BAY & CITY VIEWS and RM-3-9 Zoning (One Unit per 600 sq. ft. of Land). ONLY 3 BLOCKS to KELLOGGS BEACH. Currently there are 3 Units in EXCELLENT CONDITION plus 2 Lg. Garages Generating $110K of ANNUAL INCOME. Separate Laundry Room. The 2 Lg. Garages can easily be converted into 2 additional Large Units. The Current Tenants are "Month to Month" and the rents are Low. Real Pride of Ownership.
Listed by Salvatore DeMaria
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License #01788042
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Coldwell Banker Realty
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619-813-6400
Last updated November 10, 2025
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Source: CRMLS #250043716SD
Listing Facts
TypeMulti-family
NeighborhoodLa Playa
Days on Prevu10
Amenities
Parking
Location
Mortgage Calculator
Listing History
11/09/2025
Listed by Coldwell Banker Realty
$2,895,000
Property Details for 311 San Elijo
Exterior
Construction
Number Of Units Total: 3
Roof: Composition
Stories: 2
Stories Total: 2
Year Built: 1952
Features
View: Bay
Measurements
Lot Size Acres: 0.17
Lot Size Area: 7,500
Lot Size Source: Public Records
Lot Size Square Feet: 7,500
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5324960200
Other
Location
Subdivision Name: Point Loma
Utilities
Equipment
Cooling: See Remarks
Has Cooling: Yes
Has Heating: Yes
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.