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Trevor Smith

[email protected] +1(858) 539-9999

$ 770,000

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Price Dropped by $30K

3057 Walton Pl San Diego, CA 92116

3 Beds

1 Bath

809 SqFt

UPDATED:

10/04/2024 12:15 AM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 809 sqft

Price per Sqft $951

Subdivision North Park

MLS Listing ID 240019489SD

Bedrooms 3

Full Baths 1

Construction Status Building Permit,Fixer,Under Construction

HOA Y/N No

Year Built 2015

Lot Size 3,070 Sqft

Acres 0.0705

Property Description

Located in the highly sought-after North Park neighborhood, 3057 Walton Pl offers an exceptional opportunity for investors and developers. This property, zoned RM-3-9, supports a high-density residential development with a base density allowing for one dwelling unit per 600 sq ft of lot space. The property is also within the Complete Communities jurisdiction, which provides additional development incentives, including potential density bonuses. Could qualify for 203k renovation loan, contact me for details. Investor/Developer Dream The feasibility study outlines options for maximizing the site's potential, including a proposed development of up to 9 units with a total gross building area of 5,474 sq ft, utilizing the affordable density bonus program. The proposal includes various unit sizes ranging from studios to two-bedroom units, catering to a diverse tenant base. The site benefits from a prime location within a Transit Priority Area (TPA), reducing parking requirements and enhancing accessibility to public transportation. Development Potential: Max FAR: 2.7 (Up to 8,267 sq ft) Max Building Height: 60 feet Base Units: 5 units (up to 6 with affordable housing inclusion) Potential Units with Density Bonus: Up to 9 dwelling units Current Building: Existing single-family detached home, featuring 3 bedrooms and 1 bathroom with 809 sq ft of living space. **Room Dimensions based on previous floor plan of home**

Location

State CA

County San Diego

Area 92116 - Normal Heights

Zoning RM-3-9

Rooms

Ensuite Laundry Laundry Room, See Remarks

Interior

Laundry Location Laundry Room,See Remarks

Heating Natural Gas, None

Cooling None

Fireplace No

Laundry Laundry Room, See Remarks

Exterior

Garage Carport, Other

Garage Spaces 1.0

Garage Description 1.0

Fence None

Pool None

View Y/N No

Parking Type Carport, Other

Total Parking Spaces 3

Private Pool No

Building

Story 1

Entry Level One

Water Public

Level or Stories One

New Construction No

Construction Status Building Permit,Fixer,Under Construction

Others

Senior Community No

Tax ID 4460511400

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Listed by Aaron Abrams • eXp Realty of Southern California, Inc.

Trevor Smith

Real Estate Broker | License ID: DRE 01700986

+1(858) 539-9999

Trevor Smith

3057 Walton Pl San Diego, CA 92116

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3057 Walton Pl