|
Amazing development opportunity just weeks away from being shovel-ready, or perfect for a homeowner looking for rental-income and generational wealth. The existing 3-bedroom, 2-bathroom single-family residence is fully remodeled and offers 1073 square feet of modern living space, with a large primary suite featuring an ensuite bathroom. Situated on a generous lot and backed by Southcrest Community Park, this property includes a fenced-in front and back yard and a 1-car garage. Located in an Opportunity Zone with RM-1-1 zoning, it's perfect for development. The lot is also located in a Sustainable Development Area ("SDA Zone"). This property is just 1-2 months away from full permit issuance to build 4 additional units (each 726 sqft, 2 bedrooms, 2 bathrooms) on the back half of the lot with convenient alley access, with 5 parking spots. All planning and design fees up to this point have already been paid. Projected rents of $15,000+/month after completion make this a highly attractive investment. Don't miss out on this exceptional development opportunity in the heart of Southcrest.
Last Updated | 9/20/2024 | Tract | South Crest |
---|---|---|---|
Year Built | 1952 | Garage Spaces | 1.0 |
County | San Diego |
Additional Details
APPLIANCES | Dishwasher, Disposal, Refrigerator |
---|---|
GARAGE | Attached Garage, Yes |
HEAT | Natural Gas |
LOT | 6970 sq ft |
LOT DESCRIPTION | Level |
LOT DIMENSIONS | 4,000-7,499 SF |
PARKING | Attached |
STORIES | 1 |
SUBDIVISION | South Crest |
UTILITIES | Sewer Connected |
ZONING | R-2:MINOR |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation ©2024 Sandicor®, Inc.
Properties on this website was last updated as recently as 9/20/24 5:44 PM PDT.
This IDX solution is (c) Diverse Solutions 2024.
Location
Contact us about this Property
/ | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for One Mission Realty to contact you even if your name is on a Federal or State "Do not call List". |