5305 07 Santa Margarita Street, San Diego, CA 92114
Property
Sold May 2025
Listing Agent: Lani Sylvas (DRE #01418493) · Listing Office: Coldwell Banker West · Contact: Lani@sandiego-lifestyle.com · Bought with: Lani Sylvas · Coldwell Banker West · MLS #PTP2502578 · Source: CRMLS
About this property
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this don’t come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don’t let this one slip away—your dream starts here!
Listing description from the May 2025 sale, as reported to CRMLS.
Sale history