$1,490,000
Exceptional opportunity in the highly desirable University City neighborhood of San Diego. This approximately 1,254 sq ft home sits on a large ~7,700 sq ft lot offering significant potential for future development. Located within a Transit Priority Area, the property may allow multiple ADU opportunities subject to buyer verification and city approval. Conceptual possibilities include several smaller ADUs or stacked two-story designs similar to nearby developments in the area, subject to buyer verification and city approval. The existing home features a functional layout with walk-in closet, updated interior elements, and several dual-pane windows. The backyard is improved with low-maintenance landscaping. There’s lots of side land to develop on. This property also presents potential for an SB9 lot split or the addition of a second primary residence, subject to buyer investigation and city approval. With strong resale and rental demand in this area, the property offers multiple possible strategies for investors, builders, or homeowners looking to maximize long-term value. Conveniently located near major employment centers, shopping, restaurants, and freeway access. A rare chance to secure a property with both current livability and future development upside in one of San Diego’s most sought-after neighborhoods. Buyer to verify all development potential, zoning regulations, ADU allowances, and SB9 possibilities with the City of San Diego prior to close of escrow.
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Listed by Aron Kwong with ARON KWONG, BROKER (909) 524-2063
Property Type
Single Family Residence
Status
Active
MLS Number
CV26054002
Year Built
1971
Lot Size
7,701 sq ft