5305 Santa Margarita Street, San Diego, CA 92114

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Glen Henderson

[email protected] +1(619) 889-7646

$999,999

Est. payment - /mo

1.05 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2502578

HOA Y/N No

Lot Size 1.050 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional

Property Description

Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!

Location

State CA

County San Diego

Area Encanto (92114)

Zoning Assessor

Building

Story 1

Others

Miscellaneous Value in Land

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://sites.rocksynergies.com/vd/182394321

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Listed by Lani Sylvas • Coldwell Banker West

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

5305 Santa Margarita Street San Diego, CA 92114

Glen Henderson

Key Details

Location

Building

Others

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