$1,140,000
$1,150,000
0.9%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
1,000 SqFt
SOLD DATE : 03/01/2024
Key Details
Sold Price $1,140,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $1,140
MLS Listing ID PTP2305954
Sold Date 03/01/24
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 5,366 Sqft
Property Description
This is a development site currently single family house on a approximately 5100 square foot lot HISTORICAL CLEARANCE TO TEAR DOWN ALREADY SIGNED OFF by the city. The House is dilapidated tear down NOT A FLIP. Value is in the Land to build out develop units or build ADU many options. The zoning is RM-3-7 there are a lot of recent changes to density bonuses for development in this location, including but not limited to complete communities or low income bonus which may change height restrictions to over 30 feet which makes this A huge opportunity for additional units. Currently 7 units being built on smaller lot right up the street on Keats. This location WITH LOW INCOME OR COMPLETE COMMUNITIES DENSITY BONUS MAY BE ABLE TO BUILD UP OVER 30 FEET.
Location
State CA
County San Diego
Area 92106 - Point Loma
Zoning RM-3-7 buildable site
Rooms
Main Level Bedrooms 1
Interior
Cooling None
Fireplaces Type See Remarks
Fireplace Yes
Laundry See Remarks
Exterior
Pool None
Community Features Sidewalks
View Y/N Yes
Private Pool No
Building
Lot Description Value In Land
Story 2
Entry Level Multi/Split
Sewer Public Sewer
Water See Remarks
Level or Stories Multi/Split
Schools
School District San Diego Unified
Others
Senior Community No
Tax ID 5307530900
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with Brian Lee • T.N.G. Real Estate Consultants