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Key Details
Sold Price $1,400,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 850 sqft
Price per Sqft $1,647
Subdivision Linda Vista
MLS Listing ID 230017796SD
Bedrooms 2
Full Baths 2
Year Built 1942
Lot Size 5,401 Sqft
Property Description
Shovel Ready Development Opportunity! This fully remodeled 850 SF 2/2 single family home comes complete with permits that are ready-to-issue for a new construction 4-plex comprised of (4) 830 SF 2/2 ADU units. The front house is rented for $3,600/month and has in-unit washer/dryer, two private, gated outdoor spaces, an open concept layout, shaker style cabinets, luxury engineered wood flooring, stainless steel appliances, quartz countertops and designer finishes throughout. Located in the path of progress, Linda Vista is a highly desirable submarket with easy access to major freeways, the beach, Fashion Valley Mall, Kearney Mesa, Mission Valley, Sharp Hospital, Tony Hawk Skatepark, the San Diego International Airport and more. The completed project is projected to generate $18,000/gross monthly with minimal expenses for a conservative projected completed value of over $3M.
Location
State CA
County San Diego
Area 92111 - Linda Vista
Zoning RM1-1
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Tile, Wood
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Concrete, Other
Fence Vinyl
Pool None
Utilities Available See Remarks, Water Available
View Y/N Yes
View None
Roof Type Composition
Building
Lot Description Sprinkler System
Story 1
Water Public, See Remarks
New Construction No
Others
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
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Bought with Joseph Camile • Joseph A. Camile, Broker
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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