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Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego’s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego’s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego’s goals for walkable, transit-friendly neighborhoods. This is more than just a property—it's an investment in San Diego’s future.
Property Type(s):
Single Family
| Last Updated | 10/30/2024 | Tract | University Heights |
|---|---|---|---|
| Year Built | 2015 | Community | Normal Heights |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | Normal Heights |
| CONSTRUCTION | Other |
| GARAGE | Carport, Concrete, Driveway, Garage, Other, Tandem, Yes |
| HEAT | None, See Remarks |
| INTERIOR | See Remarks |
| LOT | 3070 sq ft |
| PARKING | Concrete,Carport,Driveway,Garage,Other,Tandem |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | University Heights |
| WATER | Public |
Location
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Listed with eXp Realty of Southern California, Inc.
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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