3513 47Th Street

San Diego, CA 92105

$1,425,000

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Property Description

This is an opportunity for an investor to operate a five extensively renovated conforming units situated on a large 12,500+ square foot lot nestled in a predominantly lower density neighborhood street. Units are renovated with upgraded interiors along with various structural improvements which include water, electrical and waste line overhaul. The subject property consists of three separate structures (two duplex structures and one detached single unit structure). Site has multiple water meters. Ample space to take advantage of ADU allowances and build more while still maintaining parking space for all units. The City Heights submarket is also a 10 minute drive to Mission Valley home to the 166 Acre expansion which will offer 80+ acres of parks and open space, over 1.6M SF of retail space, hundreds of new construction dwellings for affordable, and student housing, and a newly constructed 35k Seat Stadium which will also host San Diego County's new Major League Soccer Team, San Diego FC. Five total units. One 3bed 2bath unit, Three 2bed 1bath units, and One 1bed 1bath unit. All units have dedicated parking and private patio spaces. Units are situated on a gated 12,528 sf lot. Property can also be accessed through the alley way. Site is zoned within a Sustainable Development Area and offers investors a variety of options through the ADU Bonus Program

Listing Information

Close Price $1,425,000
Close Date Wednesday, September 18th, 2024
Status Closed
MLS 240019190SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size 12,528
Structure Size N/A
DOM 5
Courtesy Of Zakkout Real Estate Services
Listing Agent Aziz Zakkout DRE#01911009

Interior Features

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Maps

Listing information courtesy of: Aziz Zakkout, Zakkout Real Estate Services . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 23rd, 2024 at 7:06 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.