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HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!
Address |
3162 L
San Diego, CA 92102 |
Listing Status | SOLD |
Sold Price | $850,000 |
Asking Price | $850,000 |
Original Listing | $850,000 @ 2024-08-02 |
Terms | Cash,Conventional,FHA,VA,Other/Remarks |
Sold Terms | Cash |
Escrow Date | 2024-08-07 |
Closing Date | 2024-09-04 |
Days on MLS | 5 |
Age Restriction | N/K |
Property Type | Fee Simple |
Property Restrictions | None Known |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
HOA Fee Includes | N/K |
HOA Features | N/K |
Square Footage | 768 sf |
Flooring | Wood, Other/Remarks |
Bedrooms | 2 + 0 optional |
Full Bathrooms | 1 |
Family Room | 20X14 |
Living Room | 0 |
Dining Room | 10X10 |
Kichen | 10X10 |
Master Bedroom | 12X10 |
2nd Bedroom | 12X10 |
Directions | Not Provided |
Cross Street | 32 |
Market Area | Metro Central |
Community Area | SAN DIEGO |
Neighborhood | Grant Hill |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 5453012000 |
Zoning | Rm 3-7 |
Geographic Areas |
Community College District: San Diego CC |
Highway Locator |
West of I-15 East of I-5 South of I-8 West of I-805 South of SR-52 South of SR-56 South of SR-78 |
Ocean Distance | 5.7 miles |
Year Built | 2008 |
Laundry Location | Other/Remarks |
Elevator | Not Listed |
Cooling | N/K |
Heating | Natural Gas Wall/Gravity |
Irrigation | N/K |
Sewer/Septic | Sewer Connected |
Fireplaces | 1 (FP in Living Room) |
Security | N/K |
Equipment | Gas Range |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 240018171 |
Courtesy of | Finest City Homes & Loans |
https://www.californiatophomes.com/240018171
Style | Detached 1 Story |
Material | Wood/Stucco |
Lot Size | 4,000-7,499 SF ~ 5,195 sf |
Fencing | Partial |
Topography | Other/Remarks |
Roof | Composition |
Swimming Pool | N/K |
Patio | N/K |
Site | Alley Access |
Parking |
Total Spaces: 0
Garage Spaces: 0
Non-Garage Spaces:
0 -
Other
|
View | Not Listed |
Unit Location | Detached |