Offered at $1,749,000 - $1,899,000. Presenting a unique investment opportunity in the coveted Hillcrest Complete Community zoning area of San Diego. This versatile property features 5 distinct units, offering a blend of historical charm & modern potential. Property Features: Single Family Home: A charming 3-bedroom, 1-bathroom home built in 1932.… Read More This residence has character and so much potential, though it is in need of some loving care to restore its former glory. Duplex: Two spacious 1-bedroom units. Newly Permitted ADU Units: Two studio Accessory Dwelling Units (ADUs). The total living space across all units is 2,062 square feet, situated on a generous 5,199 square foot lot with dimensions of 40' x 130'. The property also holds significant development potential, with a Floor Area Ratio (FAR) of 8.0 allowing potential for future development. Located in the heart of Hillcrest, this property enjoys a vibrant, central location with easy access to shopping, dining, and entertainment. The area’s dynamic community and desirable amenities make this a prime spot for investment. Whether you’re looking to generate rental income, undertake a redevelopment project, or restore the existing structures, this property offers a multitude of opportunities for savvy investors. Read Less
Listing Snapshot
Days Online
109
Last Updated
Property Type
Other
Lot Size
0.12 Acres
Year Built
1932
MLS Number
240015343SD
30 Days Snapshot Of 92103
$
-22%
(avg) sold price
24
0%
homes sold
56
-12%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1932, Levels: Two, 2 stories, 2 buildings
Cooling
None
Fence
Partial
Heating
NaturalGas, SeeRemarks
Income
Net operating income: $141,469
Lot
0.1194 acres, 5,199 square feet, Size: 5,199
Pool
None
Property
Zoning: RM3-9, None
Roof
Composition
Spa
None
Tenant Pays
CableTv
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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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