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Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 768 sqft
Price per Sqft $1,106
Subdivision San Diego
MLS Listing ID 240018171SD
Sold Date 09/04/24
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 2008
Lot Size 5,196 Sqft
Property Description
HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning Rm 3-7
Interior
Interior Features See Remarks
Heating Natural Gas
Cooling None
Flooring Wood
Fireplaces Type Living Room
Fireplace Yes
Appliance Gas Range
Laundry See Remarks
Exterior
Parking Features Other
Fence Partial
Pool None
View Y/N No
Roof Type Composition
Porch None
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5453012000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Cash
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Crystal Trammell
REALTOR® | Mortgage Broker | License ID: 02147605
REALTOR® | Mortgage Broker License ID: 02147605