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425 Bancroft St, San Diego, CA 92102

Single-family home

425 Bancroft St, San Diego, CA 92102 Sold August 2024 CRMLS
$818,000Sold August 2024

Listing Agent: Chris Warren (DRE #01227789) · Listing Office: Compass · Contact: 619-317-1875 · Bought with: Out of Area Out of Area · Out of Area · MLS #240014659SD · Source: CRMLS

5
Bedrooms
3
Bathrooms
1,839
Sq Ft
1970
Year Built
Single-family home
Type
1
Stories
0
Garage
None
Cooling
Electric, ForcedAir
Heating

About this single-family home

Lots of potential with this corner lot home that sits on two parcels with 2 APN#'s that total 9,410 Sqft. $25K spent on fresh paint on all doors, ceilings ,and walls inside. New exterior paint as well with new landscaping done in the front. Minor cosmetic needed in the kitchen, bathrooms and flooring. There is a whole 1/2 city block to park cars or build units . On the L side of the house there is a private driveway with a gate to park 1 car on as well. The Zone is RM-1-1, you can easily add a duplex utilizing the ADU regulation off J Street. You also have the ability to add a 4th unit, but it would need to be constructed over the existing home. If you constructed an ADU over the existing house and a detached duplex along J Street this would provide a total of 4 rentable units, however, 1 of the new ADU's within the detached duplex would need to be an Affordable ADU for 15-years. If you left the existing home alone and only added an ADU duplex along J Street all 3 units would be market rate units.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$818,000
Sold August 2024 · on market June 2024 · MLS #240014659SD · Source: CRMLS
Listing Agent: Chris Warren · Listing Office: Compass · Contact: 619-317-1875 · Bought with: Out of Area Out of Area · Out of Area
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