$1,400,000
$1,550,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
850 SqFt
SOLD DATE : 12/21/2023
Key Details
Sold Price $1,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $1,647
Subdivision Linda Vista
MLS Listing ID 230017796SD
Sold Date 12/21/23
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1942
Lot Size 5,401 Sqft
Property Description
Shovel Ready Development Opportunity! This fully remodeled 850 SF 2/2 single family home comes complete with permits that are ready-to-issue for a new construction 4-plex comprised of (4) 830 SF 2/2 ADU units. The front house is rented for $3,600/month and has in-unit washer/dryer, two private, gated outdoor spaces, an open concept layout, shaker style cabinets, luxury engineered wood flooring, stainless steel appliances, quartz countertops and designer finishes throughout. Located in the path of progress, Linda Vista is a highly desirable submarket with easy access to major freeways, the beach, Fashion Valley Mall, Kearney Mesa, Mission Valley, Sharp Hospital, Tony Hawk Skatepark, the San Diego International Airport and more. The completed project is projected to generate $18,000/gross monthly with minimal expenses for a conservative projected completed value of over $3M.
Location
State CA
County San Diego
Area 92111 - Linda Vista
Zoning RM1-1
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Wood
Fireplace No
Appliance Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Tankless Water Heater
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Garage Concrete, Other
Fence Vinyl
Pool None
Utilities Available See Remarks, Water Available
View Y/N Yes
View None
Roof Type Composition
Porch Deck
Parking Type Concrete, Other
Total Parking Spaces 3
Private Pool No
Building
Lot Description Sprinkler System
Story 1
Entry Level One
Water Public, See Remarks
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4316521400
Security Features Carbon Monoxide Detector(s),Fire Detection System,Fire Rated Drywall,Smoke Detector(s)
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Cash
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Bought with Joseph Camile • Joseph A. Camile, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "