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$1,300,000
Est. payment /mo
5,140 Sqft Lot
UPDATED:
11/09/2024 12:04 AM
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Pending
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 240024131
HOA Y/N No
Lot Size 5,140 Sqft
Acres 0.12
Type of Financing Cash,Conventional,Exchange
Property Description
Located in the highly desirable Morena / USD neighborhood, 1330 Goshen Street offers a prime and lucrative investment opportunity. This 5,140 SF corner lot features a two-bedroom, one-bathroom single-family home, with the potential for scenic southern and western views. Zoned RM-3-7 with a CCHS Tier 4 zoning overlay, the property allows for substantial development with a 4.0x Floor Area Ratio (FAR), making it ideal for multi-family or potential commercial projects. The lot?s generous dimensions (approximately 50? x 100?) provide flexibility for various development configurations. A Walk Score of 62 highlights its proximity to local amenities, while public transportation is conveniently within walking distance, including a nearby trolley station. With a Transit Score of 43, the property offers moderate accessibility to public transit options. The Morena neighborhood is undergoing significant growth, fueled by rising demand for residential and commercial spaces. The Morena Corridor Specific Plan encourages high-density residential and mixed-use developments, transforming the area into a vibrant, well-connected community. The extension of the Mid-Coast Trolley line, linking Morena to key destinations such as downtown San Diego and UCSD, has further enhanced the neighborhood?s appeal for investors and future residents. With property values on the rise, this is a prime opportunity for early investment in a rapidly revitalizing area.
Location
State CA
County San Diego
Community San Diego
Area Old Town Sd (92110)
Exterior
Fence Full
Utilities Available Other/Remarks
Building
Lot Size Range 4000-7499 SF
Water Meter on Property
Others
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Listed by Aaron Bove • Marcus & Millichap
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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