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Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego’s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego’s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego’s goals for walkable, transit-friendly neighborhoods. This is more than just a property—it's an investment in San Diego’s future.
Address |
3057 Walton Pl
San Diego, CA 92116 |
Listing Status | SOLD |
Sold Price | $580,000 |
Asking Price | $695,000 |
Original Listing | $695,000 @ 2024-10-30 |
Terms | Cash,Submit |
Sold Terms | Cash to New Loan |
Escrow Date | 2024-11-07 |
Closing Date | 2024-12-04 |
Days on MLS | 8 |
Age Restriction | N/K |
Property Type | Right To Use |
Property Restrictions | None Known,Other/Remarks |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
Square Footage | 809 sf |
Bedrooms | 3 + 0 optional |
Full Bathrooms | 1 |
Family Room | 22x16 |
Living Room | COMBO |
Dining Room | COMBO |
Kichen | 8x8 |
Master Bedroom | 12x11 |
2nd Bedroom | 13x8 |
3rd Bedroom | 10x9 |
Directions | Not Provided |
Cross Street | Walton Pl and Ohio St |
Market Area | Metro Uptown |
Community Area | UNIVERSITY HEIGHTS |
Neighborhood | North Park |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 446-051-14-00 |
Geographic Areas |
Airport Compatibility Zone: Montgomery Field Community College District: San Diego CC |
Highway Locator |
West of I-15 East of I-5 South of I-8 West of I-805 East of SR-163 South of SR-52 South of SR-56 South of SR-78 |
Ocean Distance | 10.9 miles |
Year Built | 2015 |
Laundry Location | Inside |
Elevator | Not Listed |
Cooling | N/K |
Heating | Other/Remarks N/K |
Sewer/Septic | Sewer Connected |
Fireplaces | Not Listed |
Equipment | N/K |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 240025661 |
Courtesy of | eXp Realty of Southern California, Inc. |
https://www.californiatophomes.com/240025661
Style | Detached 1 Story |
Material | Other/Remarks |
Lot Size | 1-3,999 SF ~ 3,070 sf |
Fencing | Chain Link |
Topography | Level |
Roof | Wood |
Swimming Pool | N/K |
Parking |
Total Spaces: 3
Garage Spaces: 0
Non-Garage Spaces:
3 -
Carport,Tandem,Driveway,Driveway - Concrete
|
View | Not Listed |