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Development Opportunity - This site features an existing fixer single-family home with the majority of the lot now vacant and ideal for an ADU project. Several possible options may be possible. Option 1: Keep the existing home and build 16 ADUs of 1 bed/1 bath at 499 SF each in 4 separate buildings. This option includes 2 ADUs by right, 7 unrestricted Bonus ADUs and 7 low income ADUs. Option 2: Demolish existing home and build 20 ADUs of 1 bed/1 bath of 499 SF each in 5 separate buildings (4 units per building). 3 ADUs by right (1 is a replacement of the original home), 8 unrestricted bonus ADUs and 9 low income ADUs). Buyer to verify these or any other desired development options with the city as well as a licensed architect. Listing agent makes no warranties as to development options or feasibility.
Property Type(s):
Single Family
| Last Updated | 9/4/2024 | Tract | East San Diego |
|---|---|---|---|
| Year Built | 1951 | Community | San Diego |
| County | San Diego |
Price History
| Prior to Sep 4, '24 | $1,000,000 |
|---|---|
| Sep 4, '24 - Today | $950,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater |
| AREA | San Diego |
| CONSTRUCTION | Stucco |
| GARAGE | Converted Garage, Driveway, Yes |
| HEAT | Electric, None |
| LOT | 9811 sq ft |
| PARKING | Converted Garage,Driveway |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | East San Diego |
| VIEW | Yes |
| VIEW DESCRIPTION | None |
| ZONING | RM1-1 |
Location
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Listed with Keller Williams San Diego Metro
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2024.
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