Located in the highly sought-after North Park neighborhood, 3057 Walton Pl offers an exceptional opportunity for investors and developers. This property, zoned RM-3-9, supports a high-density residential development with a base density allowing for one dwelling unit per 600 sq ft of lot space. The property is also within the… Read More Complete Communities jurisdiction, which provides additional development incentives, including potential density bonuses. Could qualify for 203k renovation loan, contact me for details. Investor/Developer Dream The feasibility study outlines options for maximizing the site's potential, including a proposed development of up to 9 units with a total gross building area of 5,474 sq ft, utilizing the affordable density bonus program. The proposal includes various unit sizes ranging from studios to two-bedroom units, catering to a diverse tenant base. The site benefits from a prime location within a Transit Priority Area (TPA), reducing parking requirements and enhancing accessibility to public transportation. Development Potential: Max FAR: 2.7 (Up to 8,267 sq ft) Max Building Height: 60 feet Base Units: 5 units (up to 6 with affordable housing inclusion) Potential Units with Density Bonus: Up to 9 dwelling units Current Building: Existing single-family detached home, featuring 3 bedrooms and 1 bathroom with 809 sq ft of living space. **Room Dimensions based on previous floor plan of home** Read Less
Listing Snapshot
Days Online
66
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
809
Lot Size
0.07 Acres
Year Built
2015
MLS Number
240019489SD
30 Days Snapshot Of 92116
$
+18%
(avg) sold price
24
+20%
homes sold
56
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 2015, Levels: One, Living area: 809, 1 story, Construction materials: Unknown
Cooling
None
Fence
None
Garage
1 space
Heating
NaturalGas, None
Laundry
LaundryRoom, SeeRemarks
Lot
0.0705 acres, 3,070 square feet, Size: 3,070
Parking
2 open parking spaces, 3 totals parking, Carport
Pool
None
Property
Zoning: RM-3-9
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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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