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Amazing development opportunity just weeks away from being shovel-ready, or perfect for a homeowner looking for rental-income and generational wealth. The existing 3-bedroom, 2-bathroom single-family residence is fully remodeled and offers 1073 square feet of modern living space, with a large primary suite featuring an ensuite bathroom. Situated on a generous lot and backed by Southcrest Community Park, this property includes a fenced-in front and back yard and a 1-car garage. Located in an Opportunity Zone with RM-1-1 zoning, it’s perfect for development. The lot is also located in a Sustainable Development Area ("SDA Zone"). This property is just 1-2 months away from full permit issuance to build 4 additional units (each 726 sqft, 2 bedrooms, 2 bathrooms) on the back half of the lot with convenient alley access, with 5 parking spots. All planning and design fees up to this point have already been paid. Projected rents of $15,000+/month after completion make this a highly attractive investment. Don’t miss out on this exceptional development opportunity in the heart of Southcrest.
Address |
3738 Beta St
San Diego, CA 92113 |
Listing Status | ACTIVE |
Asking Price | $799,900 |
Original Listing | $839,999 @ 2024-08-15 |
Terms | Cash,Conventional,VA |
Age Restriction | N/K |
Property Type | Other/Remarks |
Property Restrictions | None Known |
Sales Restrictions | N/K |
Mello-Roos Fee | $0 |
HOA Fee | $0 |
Square Footage | 1073 sf |
Bedrooms | 3 + 0 optional |
Full Bathrooms | 2 |
Family Room | 15x12 |
Living Room | 0 |
Dining Room | 0 |
Kichen | 9x15 |
Master Bedroom | 14x11 |
2nd Bedroom | 12x12 |
3rd Bedroom | 12x10 |
Directions | Not Provided |
Cross Street | Acacia/S 38th |
Market Area | Metro Central |
Neighborhood | South Crest |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 550-440-28-00 |
Zoning | R-2:MINOR |
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 | 5.4 miles |
Year Built | 1952 |
Laundry Location | Closet Full Sized |
Elevator | Not Listed |
Cooling | N/K |
Heating | Natural Gas Wall/Gravity |
Sewer/Septic | Sewer Connected |
Fireplaces | Not Listed |
Equipment | Dishwasher, Disposal, Refrigerator, Other/Remarks, 6 Burner Stove |
Platform | SDMLS |
AOR | San Diego Association of REALTORS (SDAR) |
MLS Number | 240019274 |
Courtesy of | eXp Realty of California, Inc. |
https://www.californiatophomes.com/240019274
Style | Detached 1 Story |
Material | Other/Remarks |
Lot Size | 4,000-7,499 SF ~ 7,163 sf |
Fencing | Good Condition |
Topography | Level |
Roof | Composition |
Swimming Pool | N/K |
Parking |
Attached
Total Spaces: 3
Garage Spaces: 1
Non-Garage Spaces:
2 -
Driveway - Concrete
|
View | Not Listed |