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1933 Chatsworth Blvd1 / 35 · Click to zoom

About this home

Rare opportunity to acquire a fully remodeled home with shovel-ready plans for four additional units in one of San Diego's most sought-after coastal neighborhoods, Point Loma. Located at 1933 Chatsworth Blvd, this beautifully upgraded 4-bedroom, 2-bath residence has been extensively renovated with new flooring, designer bathrooms, updated kitchen, modern fixtures, upgraded systems, and fresh interior and exterior finishes throughout. What truly sets this property apart is the fully approved multifamily development opportunity included with the sale. The property comes with stamped and issued building permits for four additional dwelling units (ADUs), allowing a buyer to begin construction immediately. All major development costs have already been paid, including city fees, school fees, sewer fees, and permit fees, saving significant time, uncertainty, and expense. The approved plans create a five-unit compound consisting of the remodeled primary residence plus four additional units: ADU 1 589 SF | 2 Bedrooms | 2 Bathrooms ADU 2 589 SF | 2 Bedrooms | 2 Bathrooms ADU 3 345 SF | 1 Bedroom | 1 Bathroom ADU 4 345 SF | 1 Bedroom | 1 Bathroom With permits issued and development-ready plans in hand, investors and owner-users can skip years of entitlement work and move directly into construction. Opportunities to build new multifamily housing in Point Loma with approved permits already in place are exceptionally rare. Whether you're looking to create a high-income rental portfolio, develop a multigenerational compound, execute a 1031 exchange, or capitalize on San Diego's continued housing demand, 1933 Chatsworth Blvd offers an unmatched combination of immediate value, future upside, and coastal location.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$975,000 · Dec 2024
📋 Assessed value$994,499
💵 Annual tax$12,961
🏫 School districtSan Diego City Unified School District

MLS #NDP2605695MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Loan term (yrs)
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Estimated total monthly payment
$11,590
Principal & interest$9,355
Property tax$1,696
Home insurance$540
Down payment: $370,000Loan: $1,480,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.