425 Bancroft St, San Diego, CA 92102

$865,000 Asking Price

5 beds
3 baths
1,839  sqft
Built in 1970

Lots of potential with this home that sits on two parcels that total 9,410 Sqft lots. Fresh paint on all doors, ceilings , and walls inside. New exterior paint as well with new landscaping done in the front. Needs some minor cosmetic in the kitchen, bathrooms and flooring and you have an amazing home on a great parcel with HUGE MULTIPLE ADU potential. Here is what you can do below. The Zone is RM-1-1, you can easily add a duplex utilizing the ADU regulation off J Street. You also have the ability to add a 4th unit, but it would need to be constructed over the existing home. If you constructed an ADU over the existing house and a detached duplex along J Street this would provide a total of 4 rentable units, however, 1 of the new ADU's within the detached duplex would need to be an Affordable ADU for 15-years. If you left the existing home alone and only added an ADU duplex along J Street all 3 units would be market rate units.

Features & Amenities

Interior

Laundry:
Inside
A/C:
N/K
Heating:
Forced Air Unit, Electric

Exterior

General:
Stucco
Pool:
None
Parking:
Auto Driveway Gate, Parking spaces: 1

Construction

Roofing:
Composition
General:
1 Story

Location

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

Lot

Topography:
Level
Zoning:
545-231-12-00
Fencing:
Gate,Partial,Chain Link,Wood
Restrictions:
None Known

Utilities

Water:
Meter on Property
Sewer:
Sewer Connected

Financial

Source:
SDMLS
Ownership:
Other/Remarks

This listing courtesy of:
Compass, Chris Warren

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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