$1,175,000
$990,000
18.7%For more information regarding the value of a property, please contact us for a free consultation.
7,030 Sqft Lot
SOLD DATE : 02/15/2024
Key Details
Sold Price $1,175,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID 240001208SD
Sold Date 02/15/24
HOA Y/N No
Year Built 1904
Lot Size 7,030 Sqft
Property Description
Duplex + Development Opportunity with stunning views of San Diego Bay and Coronado Bridge! Renovate this charming home on a 7,000 sq ft lot with CC-3-4 Zoning (1 dwelling unit for every 1,500 sq ft). Opportunity Zone + Complete Communities Tier for unlimited density with 3 affordable units. Buyer to inquire with city and title. Keep duplex, add ADUs, or build max units! Ideal for owner-occupied investors or developers in high-demand Sherman Heights, 2.1 mi from downtown, 300 ft from transit, Walk Score 88! Similar lot on Market Street just completed 34 units. 4 entrances, amenities, laundry, parking, private yard. Main floor: study, bedroom, living, dining, kitchen, pantry, bath with shower. Upstairs: 1 full bath, possibility for roof deck, 2 bedrooms each side with extra large closets. Bottom level: bedroom, bath, kitchen area, crawl space and connection to yet another area that could be a potential work space of office area with separate entrance. Views of bay and Coronado bridge, upgraded plumbing, electric, alley access. Urban homestead potential with mature nut and fruit trees!
Location
State CA
County San Diego
Area 92102 - San Diego
Building/Complex Name Sherman Heights
Zoning COMMERCIAL
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Electric Water Heater
Exterior
View Y/N Yes
View Bay
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
Others
Senior Community No
Tax ID 5352420700
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with John Reardon • The Reardon Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "