$899,500
Corner property with considerable potential. Existing structures are one 3 bdrm, 1 ba, 2 car gar house on 18th St currently rented, and a separate 3 car garage on 18th St. The house on Elm Ave was demolished as seller is awaiting permit to build TWO 3 bdrm ADUs, and convert the existing separate garage into ONE 3 bdrm ADU. The San Diego Housing Commission requires that one of the 3 bdrm units be a low income dwelling, and the 55 year agreement (CC&R) runs with the land. Building permit has not yet been issued. Buyer, Buyer Agent and Broker should investigate all requirements. Buyer to complete and pay for remaining permit process including Right of Way requirements, school fees, and any other remaining fees. Buyer to cooperate in Seller 1031 Exchange. Buyer, Buyer agent and Broker to conduct inspections, research, any remaining steps in the permit process, satisfy selves with all conditions, zoning, dimensions, value, requirements.
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Listed by Julie Tirado with Julie Tirado (619) 571-9496
Property Type
Residential Income
Status
Active
MLS Number
PTP2603201
Year Built
1958