809 Sunset Ct, San Diego, California 92109, San Diego, 92109 - 2 bed, 1 bath
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San Diego, California 92109
This Mission Beach Development Opportunity is a High-Potential Investment Opportunity listed at $1,500,000, representing a stable entry point at its $1,509,310 Fair Market Value. The value of this Condition Rating 6 asset is anchored in the shovel-ready plans for a 1,375-square-foot residence, featuring a rare Approved ADU and a rooftop deck with Peek-A-Boo Bay Views. Located near Pacific Beach Elementary, this project bypasses lengthy permitting to offer immediate value-add potential in a high-demand coastal market. It is an ideal acquisition for Real Estate Developers or Savvy Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 809 Sunset Ct Subject | $1,450,000* List Price | 2 | 1 | 624 | $2,419 | - |
A 809 Sunset Ct Pending | $1,450,000 List Price | 2 | 1 | 624 | $2,324 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is a 1927 original structure (97 years old) with no significant renovations mentioned. It is explicitly marketed as a 'Development Opportunity' with plans for new construction, indicating the value lies in the land and permits rather than the existing unrenovated cottage.
The property includes plans for a 1,375 square foot modern residence, allowing a buyer to bypass the lengthy design phase and move quickly toward construction in a high-demand area.
The inclusion of an approved ADU on the ground floor is a significant value-add that is no longer an option for new building plans, offering unique potential for rental income or guest quarters.
Situated in a highly desirable coastal neighborhood with bay and peek-a-boo views, the property offers an exceptional lifestyle and strong long-term appreciation potential.
The current 1927 structure is only 624 square feet and requires a full rebuild, meaning the buyer must have substantial additional capital beyond the $1.5M purchase price to realize the property's value.
At just 1,270 square feet, the lot is quite small, which limits outdoor yard space and may result in a very vertical living arrangement with tight setbacks.
Development Opportunity: Plans for 1375 Square Foot New Construction. 3 Bedrooms 3 Full Bath with Garage and Carport. Third Floor planned for practical entertaining with Indoor/Outdoor area and bar, with bathroom and private bedroom on the same floor. Living space and bedroom on the second floor. ADU approved bedroom/living area and kitchenette on the ground floor. Perfect design with the ADU that is no longer an option on new building plans. Start construction this year and be in your new home by next summer!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.6 mi
Grades 6-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 22% |
| Baths | 1.0 | 3.0 | 10% |
| Square foot | 624 | 1,940.5 | 3% |
| Lot Size | 1,270 | 4,998 | 32% |
| Price | $1.45M | $2.27M | 14% |
| Price per sq ft | $2.3K | $1.2K | 99% |
| Built year | 1927 | 1969 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 143 | 11% |
May 11, 2026
$1,450,000
$1,500,000
-3% Price Drop
Initial Listing
Apr 27, 2026
$1,500,000
Initial Listing
May 15, 2023
$1,200,000
Public Record