5556 Riley Street, San Diego, CA 92110
Commercial property · 2 recorded sales since 2023
Sold March 2023
Listing Agent: Thomas Jansen (DRE #01272096) · Listing Office: Riviera Coast Properties · Contact: 949-291-7250 · Bought with: Gareth Tomlinson · Keller Williams Realty · MLS #OC23014515 · Source: CRMLS
About this commercial property
A great development opportunity: 5556 Riley is uniquely suited for multi-family development. The property is zoned RM-3-7 Multiple Residential and is located within the Complete Communities (FAR Tier 4.0) and Linda Vista Community Plans. It has close proximity to USD and the Morena Trolley Station. The existing single family home could be an interim income property while development plans/financing/etc. are finalized, and the two-car garage (with alley access) could be converted to an ADU for additional income. POWER PRODUCTION: There are solar panels on the roof of the house under a Power Purchase Agreement. Buyer has the option to sign a transfer agreement and assume all rights and obligations of the Power Purchase Agreement. As of 1/30/23, a request is in process for the solar company to remove the system prior to close of escrow.
Listing description from the March 2023 sale, as reported to CRMLS.
Sale history
