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Don’t let your Veteran and military friends miss out on the opportunity to discover this home!
37
Photos
3
beds
2
baths
1,073
sqft
Built in
1952
Amazing development opportunity just weeks away from being shovel-ready, or perfect for a homeowner looking for rental-income and generational wealth. The existing 3-bedroom, 2-bathroom single-family residence is fully remodeled and offers 1073 square feet of modern living space, with a large primary suite featuring an ensuite bathroom. Situated on a generous lot and backed by Southcrest Community Park, this property includes a fenced-in front and back yard and a 1-car garage. Located in an Opportunity Zone with RM-1-1 zoning, it’s perfect for development. The lot is also located in a Sustainable Development Area ("SDA Zone"). This property is just 1-2 months away from full permit issuance to build 4 additional units (each 726 sqft, 2 bedrooms, 2 bathrooms) on the back half of the lot with convenient alley access, with 5 parking spots. All planning and design fees up to this point have already been paid. Projected rents of $15,000+/month after completion make this a highly attractive investment. Don’t miss out on this exceptional development opportunity in the heart of Southcrest.
Features & Amenities
Interior
- Laundry:
- Closet Full Sized
- A/C:
- N/K
- Heating:
- Wall/Gravity, Natural Gas
Exterior
- General:
- Other/Remarks
- Pool:
- None
- Parking:
- Driveway - Concrete, Parking spaces: 3
Construction
- Roofing:
- Composition
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- SDMLS
- County:
- San Diego
Lot
- Topography:
- Level
- Zoning:
- R-2:MINOR, 550-440-28-00
- Fencing:
- Good Condition
- Restrictions:
- None Known
Utilities
- Water:
- Public
- Sewer:
- Sewer Connected
Financial
- Source:
- SDMLS
- Ownership:
- Other/Remarks
This listing courtesy of:
eXp Realty of California, Inc., Nichole V Quiroz
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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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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