3162 L, San Diego, CA 92102
Single-family home
Sold September 2024
Listing Agent: Eric Vaca (DRE #01331749) · Listing Office: Finest City Homes & Loans · Contact: 888-558-7773 · Bought with: Non Subscriber · Non Subscriber · MLS #240018171SD · Source: CRMLS
About this single-family home
HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!
Listing description from the September 2024 sale, as reported to CRMLS.
Sale history