3755 Florence Street, San Diego, CA 92113
Single-family home
Sold May 2023
Listing Agent: Ricardo Olea (DRE #02009936) · Listing Office: eXp Realty of Southern Calif. · Contact: 888-294-1415 · Bought with: Ricardo Olea · eXp Realty of Southern Calif. · MLS #PTP2301640 · Source: CRMLS
About this single-family home
Attention Flippers and Developers! This 2 bed, 1 bath home on a raised foundation with RM-1-1 zoning and in an Opportunity Zone needs significant repairs and maintenance, but offers huge potential for experienced flippers and developers to transform it into a lucrative investment. The RM-1-1 zoning allows for a variety of uses, including multi-family or mixed-use development, and the property's location in an opportunity zone offers attractive tax incentives. This property also has alley access, providing a private entrance for a second home to be built, adding even more potential for profitable development. Located close to Downtown San Diego, this property is a desirable location for development, making this an exciting opportunity for those with the vision to create a valuable asset.
Listing description from the May 2023 sale, as reported to CRMLS.
Sale history