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Key Details
Sold Price $1,082,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 648 sqft
Price per Sqft $1,669
MLS Listing ID 230020291
Sold Date 12/08/23
Bedrooms 4
Full Baths 4
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 San Diego (92102)
Interior
Heating Natural Gas
Cooling Central Forced Air
Appliance Forced Air Unit
Exterior
Exterior Feature Wood/Stucco
Fence Partial
Roof Type Composition
Building
Lot Description Alley Access, Sidewalks, Street Paved
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Space Rent $3,000
Listing Terms Cash, Conventional, Exchange, FHA, VA
Financing VA
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Bought with Laura Ann Valente • Pacific Palace Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "