Description
Fixer with development potential for 7 units! Short Sale, Lender approved at $600k, cannot entertain offers below $600k. Cash or Hard Money only. This value-add property includes City San Diego submitted plans to convert the existing single-family residence into 2 residential units, constructing 4 new detached ADUs, and completing 1 garage conversion ADU for a total of 7 units. Save months of planning and pre-development time with plans already prepared for a project designed for today's high-demand infill housing market. The property features valuable alley access; providing excellent functionality for construction, access, and future unit layout. Whether you're looking to build a long-term rental portfolio, create a high-performing income-producing asset, or capitalize on the strong demand for new housing, this project offers a rare opportunity to acquire a development that's ready for its next phase.
Details
| MLS # | 260018440SD |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1911 |
| Days On Site | 37 |
| Listing Provided By | Honeybee Realty | Chantelle Brown |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,263 |
| Garage | 1 |
| Story(s) | 1 |
| Zoning | R-2 |
Interior
| Cooling | None |
|---|---|
| Heating | See Remarks |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Built In Range, Dishwasher, Microwave |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Siding |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92113 |
| Area | 92113 Logan Heights |
| Community Name | San Diego |
| Listing VS Median (in San Diego) | |
Price: $599,999 low | high Med: $0 On site: 37 low | high Med: | |
Market Activity 92113
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92113 |
| Area | 92113 Logan Heights |
| Community Name | San Diego |
| Listing VS Median (in San Diego) | |
Price: $599,999 low | high Med: $0 On site: 37 low | high Med: | |