Description:

Downtown views from this 812 sf home built in 1913 with multifamily redevelopment potential. The existing structure is located at the top of the lot with stairs to access it from the street below, although both are in a state of disrepair. (See photo for front depiction) All utilities are run to the site.
Site is of split zoning where the top half of the lot is zoned RM 2-5 (1 du per 1,500 sf) and the lower portion is zoned OR 1-1 (1 per lot). Considering changes in ADU laws per AB-68, the project can potentially yield 3 base units with 3 additional units as ADU/JADU. Development analysis available upon request, however, Buyer shall conduct their own investigations with the City.
The unimproved City street formerly dedicated as Union Street sits at the base of the lot and creates immediate access to the public right of ways. There is a 40 foot height allowance and the site is located within a Transit Priority Area, thus requiring minimal to no new parking requirements.
San Diego Unified School District- Grant Elementary, Dana/Correia or Roosevelt Middle, San Diego or Point Loma High
Less than 1 mile to San Diego Airport, Little Italy, Balboa Park, Naval Medical Center, San Diego Bay and many more notable attractions
Centrally located with immediate access to 1-5 as well as the 163 and 94 Freeways

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Property Flyer

Listed by:

Keller Williams Realty Carmel Valley

Carmel Valley / Del Mar