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Listed by Joe Bonin • SVN Vanguard
$1,900,000
Est. payment /mo
1,904 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 1,904 sqft
Price per Sqft $997
MLS Listing ID CRPTP2300476
HOA Y/N No
Year Built 1923
Lot Size 9,531 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
A rare redevelopment opportunity across the freeway from Downtown San Diego!!! Two adjacent parcels on the corner of 19th & E Street totaling 9,531 square feet (.22 Acres) of lot space. One parcel includes Three detached cottage units that each feature their own private entry and garage/storage unit. The other parcel is open land that backs to the on ramp of the interstate 5 and 94. The property is zoned RM-2-5, which permits up to Seven units without any density bonus; but more importantly the property is situated in the Complete Communities Tier 3, which permits an FAR of 6.5x the total lot (potential for 61,951.5 square feet). This is a true value-add and redevelopment opportunity that will allow a new owner to build in an area that needs more housing and will have views of Downtown San Diego and Coronado.
Location
State CA
County San Diego
Interior
Fireplace No
Laundry Other
Building
Lot Description Corner Lot, Other, Back Yard
Water Public
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