Listing Agent: Keegan Wetzel Broker/Office: Real Broker
3280 Gillette Street San Diego CA 92102
$ 850,000
3
| 2
| 1313 Sq Feet
Listing ID
#260018219SD
Status
Active
Property Type
Single Family Residence
County
San Diego
Neighborhood
San Diego
Year Built
1955
Days on website
2
Description
CITY APPROVED PLANS!!! Rare development opportunity in San Diego's 92102 — with a rare financing edge. This 3BR/2BA, 1,313 sqft home sits on a 5,129 sqft lot and carries an assumable FHA loan at just 2.75%, a major advantage in today's rate environment. The real value: city-approved plans to build 4 units totaling 3,839 sqft (10 bedrooms, 8 bathrooms). The slowest, riskiest, most expensive phase of any project — securing city approval — is already behind you, giving builders and investors a clear head start toward execution and after-repair value. Hold or rent the existing home while you plan, or move straight to construction. Ideal for developers, investors, and value-add buyers seeking scale in a supply-constrained market. Buyer to independently verify all plans, permits, and development rights with the City. Assumption subject to lender approval and buyer qualification.
Location
Financial Information
List Price:
$ 850000
Property Features
Appliances:
Dishwasher, Disposal, Microwave, Refrigerator
Construction Materials:
Stucco
Heating:
Electric
Laundry Features:
Outside
Levels:
One
Parking Features:
Driveway, Other
Roof:
Flat
Senior Community YN:
false
Senior Community YN:
false
MLS Area Major:
92102 - San Diego
City:
San Diego
Listed By:
Keegan Wetzel
Real Broker
CA Lic#
CA Lic#