$1,640,000
Est. payment /mo
5,201 Sqft Lot
UPDATED:
Key Details
Sold Price $1,640,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Hillcrest
MLS Listing ID 240015343SD
Sold Date 11/25/24
HOA Y/N No
Year Built 1932
Lot Size 5,201 Sqft
Property Description
Offered at $1,749,000 - $1,899,000. Presenting a unique investment opportunity in the coveted Hillcrest Complete Community zoning area of San Diego. This versatile property features 5 distinct units, offering a blend of historical charm & modern potential. Property Features: Single Family Home: A charming 3-bedroom, 1-bathroom home built in 1932. This residence has character and so much potential, though it is in need of some loving care to restore its former glory. Duplex: Two spacious 1-bedroom units. Newly Permitted ADU Units: Two studio Accessory Dwelling Units (ADUs). The total living space across all units is 2,062 square feet, situated on a generous 5,199 square foot lot with dimensions of 40' x 130'. The property also holds significant development potential, with a Floor Area Ratio (FAR) of 8.0 allowing potential for future development. Located in the heart of Hillcrest, this property enjoys a vibrant, central location with easy access to shopping, dining, and entertainment. The area’s dynamic community and desirable amenities make this a prime spot for investment. Whether you’re looking to generate rental income, undertake a redevelopment project, or restore the existing structures, this property offers a multitude of opportunities for savvy investors.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Zoning RM3-9
Interior
Heating Natural Gas, See Remarks
Cooling None
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
Pool None
View Y/N Yes
View None
Roof Type Composition
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4444920600
Financing Conventional
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Listed by Tiffany Trost • eXp Realty of California, Inc.
Bought with Stephanie Nisan • The Stoz Group
Bought with Stephanie Nisan • The Stoz Group