Request More Info
Schedule a Showing
Share
Print
|
Listing consists of two lots which must be sold together. 534-301-02-00 has the two one-bedroom cottages and 4 garages 534-301-01-00 is the vacant lot. Each lot is .06 acres. Live in one and rent-out the other to help pay for the mortgage! This duplex is located in a vibrant part of Golden Hill. It is on the path of redevelopment. Each unit has a small patio and off-street parking which is highly desirable in this part of the town. There are 2 1-car garages below each cottage for a total of 4 garages. This property in the path of major redevelopment and has the potential for 30 units on its on and many more when combined with adjoining lots. There are many possibilities. Buyers to verify the number of entitlements with the City of San Diego. The cargo container can convey. The nephew of the listing agent has 4 egg-laying chickens on the property in a fenced in area on the vacant lot. The Projected Income was based on doubling the 1139 rent of $1050. However, it would be expected that the rents could command $1750/month each with the 4 garages commanding $200/month separately. DESCRIPTION AND OVERVIEW Located on the coveted slopes of Golden Hill, overlooking downtown San Diego and a short walk to historic Balboa Park, 1135 – 1141 26th Street is an opportunity to build within the complete communities overlay and maximize density in with a minimal parking requirements area. A project can take advantage of 1) Complete Communities: Housing Solution Program. The listing is located in a 2) Parking Standards Transit Priority Area, 3) Transit Priority Area, 4) Transit Area Overlay Zone, and 5) Mobility Zone 2 in the RM-2-5 zone within the Greater Golden Hill Community Planning Area. An owner of neighboring lots may be receptive to joint development. The property is being marketed AS IS as the highest and best use would be a podium development of residential units. The vacant lot is zone commercial which could facilitate a street level enterprise such as a bistro or brewery. Golden Hill is a vibrant and diverse neighborhood located in the heart of San Diego, California. It is a historic district with a rich cultural heritage, which is reflected in the area’s architecture and landmarks. The neighborhood is known for its beautiful Victorian and Craftsman-style homes, many of which have been lovingly restored to their original grandeur. The community is also home to a diverse range of businesses, restaurants, and shops, making it a popular destination for both locals and visitors. In addition to its charming architecture and bustling commercial scene, Golden Hill is also known for its beautiful parks and outdoor spaces. One of the most popular is Golden Hill Park, which features a playground, picnic area, and stunning views of downtown San Diego. The neighborhood is also home to several other parks and green spaces, including Balboa Park, which is one of the largest urban parks in the country and is home to numerous museums, gardens, and cultural institutions. Balboa Park is a 1,200-acre urban cultural park located in the heart of San Diego, California. It is home to over 16 museums, several performing arts venues, beautiful gardens, and numerous other cultural and recreational attractions. Balboa Park, just a short walk from the property, is a popular destination for locals and tourists alike, and it has been designated as a National Historic Landmark and a California Historical Landmark.
Property Type(s):
Residential Income
| Last Updated | 11/9/2024 | Tract | San Diego |
|---|---|---|---|
| Year Built | 1941 | Community | San Diego |
| County | San Diego |
Price History
| Prior to Sep 17, '24 | $1,825,000 |
|---|---|
| Sep 17, '24 - Oct 14, '24 | $1,625,000 |
| Oct 14, '24 - Nov 9, '24 | $1,550,000 |
| Nov 9, '24 - Today | $1,425,000 |
Additional Details
| AIR | None |
|---|---|
| AREA | San Diego |
| HOA DUES | 0 |
| LOT | 5227 sq ft |
| STORIES | 1 |
| SUBDIVISION | San Diego |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Carie Webber to contact you even if your name is on a Federal or State "Do not call List". | |
Listed with Brant Candelore, Broker
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.
Twitter
Facebook
Email