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In-PersonVirtual Tour
$ 1,249,500
Est. payment | /mo
7,209 Sqft Lot
$ 1,249,500
Est. payment | /mo
7,209 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 260009535SD
HOA Y/N No
Year Built 1961
Lot Size 7,209 Sqft
Property Description
The subject property located at 4927 67th Street in San Diego presents a rare opportunity to acquire a near shovel-ready multifamily development site in the highly desirable College East submarket, less than one mile from San Diego State University. The project is expected to receive project approval within weeks, offering investors a significantly reduced entitlement timeline and the ability to commence construction shortly after closing. Situated on a 7,211 square foot corner lot zoned RM 1-1, the property currently consists of two detached residential units (a 2-bedroom/1-bath and a 2-bedroom/2-bath). Approved plans call for the development of six additional units totaling approximately 3,700 square feet, bringing the total project to eight units upon completion. The proposed unit mix includes five 2-bedroom/1-bath units and one studio unit, designed to maximize rental efficiency and appeal to the area's strong student and workforce housing demand.
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name Sunshine Park
Interior
Cooling None
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4681902300
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/snd/260009535
Listed by Ryan Merriken Landmark Multifamily and Development #02147674
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