San Diego, CA 92113,Address not disclosed
San Diego, CA 92113,Address not disclosed
San Diego, CA 92113,Address not disclosed
61
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$1,499,000
Est. payment /mo
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3 Beds
1 Bath
1,368 SqFt
New

Address not disclosed San Diego, CA 92113

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Omar Issa

Omar Issa

+1(858) 335-8768

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,368 sqft

Price per Sqft $1,095

MLS Listing ID 26640029

Bedrooms 3

Full Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1949

Lot Size 6,599 Sqft

Property Sub-Type Single Family Residence

Property Description

Great Opportunity to do a Ground Lease with an Existing Single Family Home with an existing Jr. ADU and an Additional Four Units Approved to build in an Opportunity Zone. $250K in Tax Credits are available. The lot has 100 feet of frontage along Mt. Hope Park with 12 Mile Suburban Views to Mt. Helix during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is located in a Transit Priority Zone and Opportunity Zone awarding 40% Renewable Energy Tax Credits with the Addition of Solar and Batteries. Permits are ready and done for Four Additional Legal Units to be Built on the Property as ADU's and a Duplex. There is potential of up to a total of 10 units that could be built on the property. Property is located in a Qualified Opportunity Zone. Which means that Investors who have sold stocks, business and real estate can trade into the property and fund the Construction Tax Free within six months of their Original Purchase and Construction can be completed within 30 months. Lessor is a Broker, no Listing Broker.

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning RM-1-1

Interior

Interior Features Separate/Formal Dining Room

Heating Central

Cooling Electric

Fireplaces Type None

Furnishings Furnished

Fireplace No

Appliance Dishwasher, Gas Oven, Gas Range, Microwave, Oven

Laundry In Garage

Exterior

Parking Features Driveway Down Slope From Street, Off Site, Public, On Street

Garage Spaces 1.0

Garage Description 1.0

Pool Fenced

Amenities Available Paddle Tennis, Tennis Court(s)

View Y/N Yes

View City Lights, Park/Greenbelt, Mountain(s), Panoramic, Pasture, Trees/Woods

Porch Deck

Total Parking Spaces 3

Building

Faces East

Story 2

Entry Level Two

Sewer Sewer Tap Paid

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5463301300

Acceptable Financing Cash, Owner May Carry, Trust Deed, VA Loan

Listing Terms Cash, Owner May Carry, Trust Deed, VA Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by Steven Prescott Rising Tide Real Estate Inc.

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Omar Issa

Omar Issa

Agent | License ID: 02013919

+1(858) 335-8768

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