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Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 768 sqft
Price per Sqft $1,106
Subdivision San Diego
MLS Listing ID 240018171
Sold Date 09/04/24
Style Detached
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 2008
Lot Size 5,195 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
Community San Diego
Area San Diego (92102)
Zoning Rm 3-7
Rooms
Family Room 20X14
Master Bedroom 12X10
Bedroom 2 12X10
Living Room 0
Dining Room 10X10
Kitchen 10X10
Interior
Heating Natural Gas
Flooring Wood, Other/Remarks
Fireplaces Number 1
Fireplaces Type FP in Living Room
Equipment Gas Range
Appliance Gas Range
Laundry Other/Remarks
Exterior
Exterior Feature Wood/Stucco
Parking Features None Known
Fence Partial
Roof Type Composition
Building
Lot Description Alley Access
Story 1
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Water Meter on Property
Level or Stories 1 Story
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA, Other/Remarks
Listing Terms Cash, Conventional, FHA, VA, Other/Remarks
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