San Diego, CA 92113,2581 Commercial St
San Diego, CA 92113,2581 Commercial St
San Diego, CA 92113,2581 Commercial St
$815,000
Est. payment /mo
Est.Price: ?

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4 Beds
1 Bath
1,450 SqFt
SOLD DATE : 08/16/2022

Key Details

Sold Price $815,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,450 sqft

Price per Sqft $562

Subdivision Logan Heights

MLS Listing ID 220008395SD

Bedrooms 4

Full Baths 1

Year Built 1919

Lot Size 4,499 Sqft

Property Description

Opportunity knocks with this Logan Heights home! Situated on a 4500-sf CN-1-4 mixed-use zoned lot, a Buyer has multiple options for adding value. Home features 4 bedrooms, 1 bath, a bonus room, laundry room and detached single car garage. Currently tenant occupied on a month to month basis. Property has been confirmed to have NO historical significance, has received FAA Obstruction Clearance to 100' (more possible), and has two preliminary reviews from the City of San Diego confirming extent of mixed use development opportunities which may be achieved with over-the-counter, by-right permits (i.e., no discretionary hearings or approvals. 3 options: 1) develop 10 micro units plus 7200-sf of commercial which could be used as visitor accommodation units (airbnb) or other commercial (professional office and retail) uses; 2) construct up to 29,250-sf of residential units, plus 4,500-sf of commercial, to be used as commercial space (no visitor accommodations); or 3) retain current home and convert current detached garage to ADU plus add additional ADUs to lot for added rental income. If building up, views of the Coronado Bridge AND downtown San Diego are possible. Sits right on a trolley stop, so no parking required under many development scenarios. In short, multiple options for every Buyer category! Equipment: Range/Oven Sewer: Public Sewer Topography: LL

Location

State CA

County San Diego

Area 92113 - Logan Heights

Zoning Mixed-Use

Interior

Heating Forced Air, Natural Gas

Cooling None

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Parking Features Concrete

Garage Spaces 1.0

Garage Description 1.0

Pool None

Roof Type Rolled/Hot Mop

Building

Story 1

Water Public

Others

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

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California Regional MLS (CRMLS)
Listed by Daniel Fefferman • Define Real Estate
Bought with OUT OF AREA OUT • OUT OF AREA - NON MEMBER

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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