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San Diego,CA 92116
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,466 sqft
Price per Sqft $1,090
Subdivision North Park
MLS Listing ID 250032612SD
Bedrooms 2
Full Baths 2
Year Built 1940
Property Sub-Type Single Family Residence
Property Description
Unlock the potential of this ideally located 7,000 sq ft lot in the heart of North Park Zoned RM-2-5 with Tier 3 Complete Communities and an impressive 6.5 FAR, the site offers rare entitlement flexibility for high-density residential infill. The existing Spanish-style residence includes 2 bedrooms, 2 bathrooms, a spacious family room (optional 3rd bedroom), and a large detached 2-car garage. Investors have the flexibility to retain the existing home for immediate rental income while developing additional units at the rear, or maximize the lot with a full-scale multi-unit project. Unlock the potential of this ideally located 7,000 sq ft lot in the heart of North Park Zoned RM-2-5 with Tier 3 Complete Communities and an impressive 6.5 FAR, the site offers rare entitlement flexibility for high-density residential infill. The existing Spanish-style residence includes 2 bedrooms, 2 bathrooms, a spacious family room (optional 3rd bedroom), and a large detached 2-car garage. Investors have the flexibility to retain the existing home for immediate rental income while developing additional units at the rear, or maximize the lot with a full-scale multi-unit project.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Zoning RM 2-5
Interior
Heating Fireplace(s),Natural Gas
Cooling None,Wall/Window Unit(s)
Laundry Gas Dryer Hookup,Laundry Room
Exterior
Parking Features Driveway
Garage Spaces 2.0
Garage Description 2.0
Fence Partial
Pool None
View Y/N No
Roof Type Flat,Rolled/Hot Mop,Spanish Tile
Building
Story 1
Water Public
New Construction No
Others
Acceptable Financing Cash,Conventional,1031 Exchange,Submit,VA Loan
Listing Terms Cash,Conventional,1031 Exchange,Submit,VA Loan