430 47Th St Active

San Diego,CA 92102

$ 950000

2 Beds

1 Bath

850 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 850 sqft

Price per Sqft $1,117

Subdivision East San Diego

MLS Listing ID 240018086SD

Bedrooms 2

Full Baths 1

Year Built 1951

Lot Size 9,809 Sqft

Property Description

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.

Location

State CA

County San Diego

Area 92102 - San Diego

Zoning RM1-1

Interior

Heating Electric,None

Cooling None

Flooring Wood

Laundry Electric Dryer Hookup

Exterior

Garage Converted Garage,Driveway

Fence Partial

Pool None

View Y/N Yes

View None

Roof Type Composition

Building

Story 1

New Construction No

Others

Acceptable Financing Cash

Listing Terms Cash

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