5023 63rd, Talmadge/San Diego Central, CA 92115

$2,300,000
4
BD
2
BA

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List Price
$2,300,000
Status
ACTIVE
Days on Market
59
MLS#
260017923
Subtype
Residential Income
Year Built
1950
Bedrooms
4
Bathrooms
2
Full Baths
2
Lot Size
10,000
Acres
0.23
Subdivision
San Diego
Neighborhood
College Area
Building Name
Sdsu
MLS Area Major
San Diego Central

Property Description

Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.

Additional Information

Zoning
R-1:SINGLE
Air Conditioning
Central Air
Levels
One
Roof
Tile/Clay

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Aaron Bove (858-945-7094) from Listing Office: Colliers International SD, Inc.

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