Status: SOLD
3162 L St
San Diego, CA 92102
Sold Price
$850,000
Sold on Sep 4, 2024
HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!
Read more
- Bedrooms
- 2
- Baths
- 1
- House Size
- 768 sqft
- Year Built
- 2008
- Lot Size
- N/A
Location
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Interior Information
- appliances
- Gas Range
- fireplace
- Living Room
- heating
- Natural Gas
Exterior Information
- fence
- Partial
- roof
- Composition
Property Information
- subdivision name
- San Diego
- utilities
- Sewer Connected
- Listed By Eric W Vaca
- vaca.broker@gmail.com
- (619) 985-6384
- Finest City Homes & Loans
- (888) 558-7773
- vaca.broker@gmail.com
- MLS 240018171
