$1,082,000
$1,115,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
7,213 Sqft Lot
SOLD DATE : 12/08/2023
Key Details
Sold Price $1,082,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 230020291SD
Sold Date 12/08/23
HOA Y/N No
Year Built 1928
Lot Size 7,213 Sqft
Property Description
Duplex + Development Opportunity! Two turnkey 2BR/2BA units on a 7,213sqft lot with CC-3-4 Zoning that allows for 1 dwelling unit for every 1,500sqft of lot space. Opportunity Zone + Complete Communities Tier 3 allow for unlimited density with only 3 affordable units with an 85' height limit. Keep the existing duplex and add 7 ADUs or scrape the building and build 30+ units! Great for owner occupied investors looking for upside or developers looking for their next project in the high demand location of Grant Hill, 2.1 miles from downtown, 376 feet from transit and a walk score of 88! Ask about viewing the feasibility study and offering memorandum. Similar lot on Market Street just completed 34 units, inquire for more details.
Location
State CA
County San Diego
Area 92102 - San Diego
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 5352810900
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing VA
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Bought with Laura Valente • Pacific Palace Realty, Inc.
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "