430 47Th St, San Diego, CA 92102

$950,000 Asking Price

2 beds
1 bath
850  sqft
Built in 1951

Development Opportunity - This site features an existing fixer single-family home with the majority of the lot now vacant and ideal for an ADU project. Several possible options may be possible. Option 1: Keep the existing home and build 16 ADUs of 1 bed/1 bath at 499 SF each in 4 separate buildings. This option includes 2 ADUs by right, 7 unrestricted Bonus ADUs and 7 low income ADUs. Option 2: Demolish existing home and build 20 ADUs of 1 bed/1 bath of 499 SF each in 5 separate buildings (4 units per building). 3 ADUs by right (1 is a replacement of the original home), 8 unrestricted bonus ADUs and 9 low income ADUs). Buyer to verify these or any other desired development options with the city as well as a licensed architect. Listing agent makes no warranties as to development options or feasibility.

Features & Amenities

Interior

Laundry:
N/K
Flooring:
Wood
A/C:
N/K
Heating:
N/K, Electric
Fireplace:
N/K, Fireplaces: 0
Disability Feature:
None

Exterior

General:
Stucco
Other Structures:
None Known
Pool:
None
Parking:
Driveway, Parking spaces: 1

Construction

Roofing:
Composition
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
SDMLS
County:
San Diego

Lot

Topography:
Slope Gentle
Zoning:
RM1-1, 547-223-03-00
View:
N/K
Fencing:
Partial
Restrictions:
None Known

Utilities

Water:
Meter on Property
Sewer:
Sewer Connected

Financial

Source:
SDMLS
Ownership:
Fee Simple

This listing courtesy of:
Keller Williams San Diego Metro, Joe Phair

About San Diego, CA

Housing

Number of Units
530,112
Median Home Value
$667,960
Median Rent
$1,659

53.36% of housing units are renter occupied.

5.63% are vacant.

Commute

Car
61.31%
Public Transportation
2.76%
Walk to Work
1.90%
Work from Home
32.44%
Other
0.70%

The median travel time to work is 19 minutes.

People

Population
1,316,972
Median Age
36.10
Median Household Size
2.80

Education

High School
14.65%
Associate’s Degree
7.39%
Bachelor’s Degree
28.27%
Graduate Degree
19.58%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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