Single-family home · 3 recorded sales since 2016
Listing Agent: Daniel Fefferman (DRE #02026109) · Listing Office: Define Real Estate · Contact: 619-733-9038 · Bought with: OUT OF AREA OUT · OUT OF AREA - NON MEMBER · MLS #220008395SD · Source: CRMLS
Opportunity knocks with this Logan Heights home! Situated on a 4500-sf CN-1-4 mixed-use zoned lot, a Buyer has multiple options for adding value. Home features 4 bedrooms, 1 bath, a bonus room, laundry room and detached single car garage. Currently tenant occupied on a month to month basis. Property has been confirmed to have NO historical significance, has received FAA Obstruction Clearance to 100' (more possible), and has two preliminary reviews from the City of San Diego confirming extent of mixed use development opportunities which may be achieved with over-the-counter, by-right permits (i.e., no discretionary hearings or approvals. 3 options: 1) develop 10 micro units plus 7200-sf of commercial which could be used as visitor accommodation units (airbnb) or other commercial (professional office and retail) uses; 2) construct up to 29,250-sf of residential units, plus 4,500-sf of commercial, to be used as commercial space (no visitor accommodations); or 3) retain current home and convert current detached garage to ADU plus add additional ADUs to lot for added rental income. If building up, views of the Coronado Bridge AND downtown San Diego are possible. Sits right on a trolley stop, so no parking required under many development scenarios. In short, multiple options for every Buyer category! Equipment: Range/Oven Sewer: Public Sewer Topography: LL
Listing description from the August 2022 sale, as reported to CRMLS.