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$2,000,000
Est. payment /mo
10,819 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2508382
Lot Size 10,819 Sqft
Lot Dimensions 100'x123'x101'x
Property Sub-Type Res Income 2-4 Units
Property Description
Charming Duplex Property on Large Parcel with panoramic views to the south and west over San Diego Bay. Zoning allows 1 unit per 1,500 sq ft of lot area with a bonus floor area ratio of 6.5, which allows for a maximum development of 47 units on the 10,819 sq ft parcel. The driveway below the parcel is part of the property. New sewer line. Flat parcel at street frontage with slope toward the south west. Existing income with two tenants on month-to-month leases. There were renovations made in 2021, but the actual age of the improvements dates from the 1920's. Income and expenses are estimated.
Location
State CA
County San Diego
Direction From I-5 going north take Sassafrass and turn right onto Palm and right onto Columbia. From I-5 going south, take Laurel and tur
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 4516611400
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
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Listed by Mike Habib Coldwell Banker Realty