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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 |