HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!
MLS #
SD240018171
MLS Source
San Diego MLS
Appliances
Other, Oven Range - Gas
Fireplace
Living Room
Flooring
Other, Wood
Laundry
Other
Cooling
Other
Heating
Gas - Natural, Wall Furnace
Roof
Composition
Pool
Heated - No, Other, Spa/Hot Tub
Garage/Parking
No Garage, Other, RV Possible, RV/Boat Parking, Garage: 0 Car(s)
HOA Fee
$0
Complex Amenities
Other
Zoning
Rm 3-7
3162 L is a Single Family Residence in San Diego, CA 92102. This 768 square foot property sits on a 5,195 Sq Ft Lot and features 2 bedrooms & 1 full bathrooms. It is currently priced at $850,000 and was built in 2008.
This address can also be written as 3162 L, San Diego, CA 92102.©2024 San Diego MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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This listing information is up-to-date as of September 10, 2024. For the most current information, please contact Eric Vaca, (619) 985-6384