$835,000
$850,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
9,905 Sqft Lot
SOLD DATE : 04/01/2025
Key Details
Sold Price $835,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2502002
Sold Date 04/01/25
Construction Status Fixer
HOA Y/N No
Year Built 1957
Lot Size 9,905 Sqft
Property Description
Rare value-add investment opportunity in College East! First time on the market, this 0.23-acre parcel zoned RM-1-1, features two detached homes and detached garage on one lot with the option to maintain as a 2-on-1, expand to 4 units per a Preliminary Feasibility Study, or explore alternative development potential for 6–12 units. Located just 2 miles from SDSU and within a Transit Priority Zone, this property offers a prime investment opportunity with easy access to I-8 and I-15. Strong rental demand driven by a growing student population and ongoing campus expansions makes it an ideal choice for investors, developers, and 1031 exchange buyers seeking steady rental income and long-term growth potential. Don't miss this prime opportunity in a thriving San Diego rental market!
Location
State CA
County San Diego
Area 92115 - San Diego
Zoning RM-1-1
Interior
Fireplace No
Laundry See Remarks
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Near Public Transit
Story 1
Construction Status Fixer
Others
Senior Community No
Tax ID 4690800700
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Trust
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Bought with Out of Area Agent • Out of Area Office