Exceptional investment and redevelopment opportunity in the heart of the College Area. Situated on a 12,100 sq. ft. lot with canyon views, this 2-bedroom, 1-bath home offers immediate rental income today and outstanding long-term potential under the recently adopted College Area Community Plan, allowing for 5–9 units per acre (buyer… Read More to verify). Whether you're looking to add to your investment portfolio, develop additional units, or hold for future appreciation, this property offers exceptional flexibility in one of San Diego's strongest student housing markets. While planning your future project, this charming home is ready to rent and features a functional layout, abundant natural light, bamboo flooring, fresh interior paint, wall-unit air conditioning, and off-street driveway parking—an invaluable feature in this permit parking neighborhood. The home also offers wonderful curb appeal, and the timeless character buyers love in the College Area, including a large mid-century picture window that fills the living room with natural light and the original interior doors that adds to its classic charm. The converted garage expands the home's living space with a kitchen, dining area, and laundry room, while an additional bonus space between the kitchen and living room offers flexibility for a home office, study area, or extra storage. The expansive backyard, canyon views, and existing pool provide the perfect setting to renovate, reimagine, or incorporate into a future redevelopment project. Located within walking distance of San Diego State University and just minutes from restaurants, shopping, parks, and public transportation, this property offers the rare combination of immediate cash flow, redevelopment potential, and an unbeatable location. Rent it today while planning your next project or maximize the full potential of this oversized College Area lot. Read Less
Listing Snapshot
Days Online
7
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
1
Square Ft.
1,077
Lot Size
0.28 Acres
Year Built
1951
MLS Number
260019306SD
Additional Details
Appliances & Equipment
GasRange, Refrigerator
Building
Built in 1951, Living area: 1077.0, 1 storey, Levels: One, Construction Materials: Stucco
Cooling
WallWindowUnits
Heating
NaturalGas
Interior Features
BedroomOnMainLevel
Laundry
LaundryRoom, SeeRemarks
Lot
0.2778 acres
Parking
1 open parking spaces, 1 total parking spaces, ConvertedGarage, Driveway
Pool
GasHeat, InGround
Roof
Composition
Taxes
Parcel Number: 4670840300
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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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