719 Jersey Ct, San Diego, California 92109, San Diego, 92109 - 2 bed, 1 bath
Loading property details...
San Diego, California 92109
This Coastal Development Asset is listed at $1,675,000, representing a strategic premium for its rare 2,400 sq ft lot and 110% Floor-Area Ratio. While the $1,430,362 Fair Market Value reflects the Obsolete 1930s Cottage, the investment's core value is the entitlement to build a 2,640 sq ft residence with four-car parking. Featuring Peek-A-Boo Ocean Views and proximity to Pacific Beach Elementary, the site offers massive upside via new construction. This is a premier acquisition for Developers or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 719 Jersey Ct Subject | $1,675,000* List Price | 2 | 1 | 798 | $1,792 | - |
A 3958 Mission Blvd. Sold | $1,200,000 | 2 | 2 | 676 | $1,775 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1930, this 798 sq. ft. cottage is explicitly marketed for its development potential on a rare 2,400 sq. ft. lot. The listing description and property analysis label the structure as 'obsolete,' focusing on the floor-area ratio (FAR) and the ability to build a new 2,640 sq. ft. residence. The value is almost entirely in the land and the coastal location rather than the aged, original structure.
The 2,400 sq ft lot is nearly double the size of typical Mission Beach court lots, offering a high 110% floor-area ratio that allows for a 2,640 sq ft build with four-car garage parking.
Located just three doors from the oceanfront on the desirable ocean side of the peninsula, the property offers immediate beach access without the need to cross any busy thoroughfares.
Unlike many downhill properties in the area, this lot is level with the sand, securing ocean views from the ground floor and enhanced sightlines for future second and third-story additions.
The original 1930s cottage is significantly undersized at 798 sq ft with only one bathroom, likely requiring a total demolition or a costly, extensive renovation to meet modern standards.
At a list price of $1.795M, the value is primarily in the land, necessitating a substantial secondary capital investment for redevelopment to realize the property's full financial potential.
Enhance this 2 bedroom 1 bath storybook cottage or build your dream ocean-view beach home(s) on this exceptional Mission Beach lot just three doors from the oceanfront. Mission Beach is nuanced; here are a few things to look out for when searching for “the one”: A) OCEAN VIEWS: The views on this one are better than most. While many properties in MB are downhill from the beach, this lot is relatively level with the sand, which means ocean views start at your patio level. The recently redeveloped next-door property to your west is terraced with step-backs at floors 2 and 3, which provides excellent view opportunities for your future second and third stories. B) LAND: If you look at Mission Beach on a map, typical court-side lots nearly double in size once you cross south of Santa Clara Place. 719 Jersey Court enjoys one of these larger lots boasting 2,400 sq ft (30' x 80') of land with court and alley access. Apply Mission Beach’s sensational floor-area ratio (FAR) of 110%, and you’re looking at an opportunity to build a spectacular 2,640 sq ft property—comprised of one or two homes— plus (yes, plus) onsite garage parking for four cars per zoning. C) LOCATION: You’re on the ocean side of the peninsula, which means no busy road between you and the beach. You’re located close enough to Belmont Park to enjoy its amenities but far enough away to avoid the increased activity. Additional neighborhood assets nearby include miles of boardwalk and white sand, the Bahia Resort Hotel, the Mission Bay Yacht Club, and more.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.4 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 3.0 | 11% |
| Square foot | 798 | 1,850 | 6% |
| Lot Size | 2,400 | 4,339 | 34% |
| Price | $1.68M | $2.25M | 25% |
| Price per sq ft | $2.1K | $1.2K | 96% |
| Built year | 1930 | 1969 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 156 | 14% |
Apr 18, 2026
$1,675,000
$1,795,000
-7% Price Drop
Initial Listing
Mar 1, 2026
$1,795,000
Initial Listing