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Presenting a unique investment opportunity in the coveted Hillcrest Complete Community zoning area of San Diego. This versatile property features 5 distinct units, offering a blend of historical charm & modern potential. Property Features: Single Family Home: A charming 3-bedroom, 1-bathroom home built in 1932. This residence has character and so much potential, though it is in need of some loving care to restore its former glory. Duplex: Two spacious 1-bedroom units. Newly Permitted ADU Units: Two studio Accessory Dwelling Units (ADUs). The total living space across all units is 2,062 square feet, situated on a generous 5,199 square foot lot with dimensions of 40' x 130'. The property also holds significant development potential, with a Floor Area Ratio (FAR) of 8.0 allowing potential for future development. Located in the heart of Hillcrest, this property enjoys a vibrant, central location with easy access to shopping, dining, and entertainment. The area’s dynamic community and desirable amenities make this a prime spot for investment. Whether you’re looking to generate rental income, undertake a redevelopment project, or restore the existing structures, this property offers a multitude of opportunities for savvy investors.
Last Updated | 8/15/2024 | Tract | Hillcrest |
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Year Built | 1932 | Community | Mission Hills |
County | San Diego |
Price History
Prior to Aug 15, '24 | $1,998,000 |
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Aug 15, '24 - Today | $1,899,000 |
Additional Details
AIR | None |
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APPLIANCES | Gas Water Heater |
AREA | Mission Hills |
HEAT | Natural Gas, See Remarks |
HOA DUES | 0 |
LOT | 5199 sq ft |
LOT DIMENSIONS | 40x130 |
POOL DESCRIPTION | None |
STORIES | 2 |
SUBDIVISION | Hillcrest |
VIEW | Yes |
VIEW DESCRIPTION | None |
ZONING | RM3-9 |
Location
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