390 Treewood St, San Diego, CA 92114

$995,000 Asking Price

3 beds
2 baths
1,215  sqft
Built in 1981

Investor opportunity awaits! This charming 3-bedroom, 2-bath home is nestled on a peaceful cul-de-sac in the highly sought-after Encanto neighborhood. Situated on a sprawling lot with panoramic views, this property is a blank canvas ready for your vision. With ample space for expansion, the potential here is truly limitless. Envision transforming this property into a multi-unit haven—whether by constructing several Accessory Dwelling Units (ADUs) or developing additional rental units. The current owner had preliminary plans to add up to 39 units, as shown in the rendering photos, making this an exceptional chance to capitalize on a high-demand rental market. The expansive lot offers not only stunning views but also the flexibility to create a diverse range of income-generating options. This is a prime opportunity for savvy investors looking to maximize their returns in a rapidly growing area. Don't miss out on this rare chance to make your mark in Encanto. Seize the potential and turn this property into a profitable investment!

Features & Amenities

Interior

Laundry:
Garage
A/C:
N/K
Heating:
Forced Air Unit, Natural Gas

Exterior

General:
Stucco
Pool:
None
Parking:
Driveway, Parking spaces: 4

Construction

Roofing:
Composition
General:
1 Story

Location

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

Lot

Topography:
Slope Gentle
Zoning:
R-1:SINGLE, 549-591-35-00
Fencing:
Full
Restrictions:
None Known

Utilities

Water:
Meter on Property
Sewer:
Sewer Connected

Financial

Source:
SDMLS
Ownership:
Fee Simple

This listing courtesy of:
Big Block Realty, Inc., Erick C Gydesen

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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