For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $610,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Logan Heights
MLS Listing ID 230013407SD
Year Built 1940
Property Description
Well maintained duplex with a 3 bed 1 bath house + 1 bed 1 bath unit on a 5,115 sq ft lot. The real value in this property is it's location with the San Diego Complete Communities plan, which allows for the construction of up to 22 units. With a coveted Tier 3 designation, the property boasts a remarkable FAR (Floor Area Ratio) ratio of 6.5. This exceptional FAR allows for a significant increase in density and building size, ensuring a higher return on investment. The property also lies within the Opportunity Zone which comes with additional tax benefits.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning CN-1-3
Interior
Cooling None
Exterior
Fence None
Building
Story 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Ryan Balcerzak • Fair Trade Real Estate
GET MORE INFORMATION
Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
- Homes For Sale in Oxnard, CA
- Homes For Sale in Camarillo, CA
- Homes For Sale in Ventura, CA
- Homes For Sale in Simi Valley, CA
- Homes For Sale in Thousand Oaks, CA
- Homes For Sale in Ojai, CA
- Homes For Sale in Santa Paula, CA
- Homes For Sale in Newbury Park, CA
- Homes For Sale in Moorpark, CA
- Homes For Sale in Fillmore, CA
- Homes For Sale in Oak View, CA
- Homes For Sale in Somis, CA
- Homes For Sale in Oak Park Heights, MN
- Homes For Sale in Port Hueneme Cbc Base, CA