Fully renovated craftsman house and one-bedroom flat with large usable lot for ADU's or high density development. Located on the boarder of North Park and Hillcrest (92103) in one of central San Diego's strongest housing markets. The property is located in an Opportunity Zone, and is Complete Communities Tier 3… Read More with an FAR of 6.5. The base zoning is RM-3-9 (600 SF/DU). The two existing homes on site are currently rented for $3,480 and $2,050 per month. The property has proposed entitlements to build 22 additional units in the rear yard (24 units total). Proposed Building Plans are available upon request. Hillcrest is central San Diego’s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Hillcrest also feature numerous convenient thoroughfares, allowing easy access to Downtown and Mission Valley, along with Hwy 163, I-5, and I-8. As a result, Hillcrest has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development. Read Less
Listing Snapshot
Days Online
229
Last Updated
Property Type
Other
Lot Size
0.16 Acres
Year Built
1914
MLS Number
240009945SD
30 Days Snapshot Of 92103
$1,626k
+20%
(avg) sold price
8
-77%
homes sold
87
+55%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1914, Levels: One, 1 story, 1 building
Cooling
CentralAir
Fence
Partial
Income
Net operating income: $2
Lot
0.1605 acres, 6,993 square feet, Size: 6,993
Property
Zoning: RM-3-9
Roof
Composition
Tenant Pays
CableTv, Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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