Listing Agent: Chantelle Brown      Broker/Office: Honeybee Realty
351 Milbrae St San Diego CA 92113
$ 599,999
  4   |    2 Full  1 Half   |    1263 Sq Feet

Listing ID

#260018440SD

Status

Active

Property Type

Single Family Residence

County

San Diego

Neighborhood

San Diego

Year Built

1911

Days on website

28

Distress/Foreclosure

SS

Description
Fixer with development potential for 7 units! Short Sale, Lender approved at $600k, cannot entertain offers below $600k. Cash or Hard Money only. This value-add property includes City San Diego submitted plans to convert the existing single-family residence into 2 residential units, constructing 4 new detached ADUs, and completing 1 garage conversion ADU for a total of 7 units. Save months of planning and pre-development time with plans already prepared for a project designed for today's high-demand infill housing market. The property features valuable alley access; providing excellent functionality for construction, access, and future unit layout. Whether you're looking to build a long-term rental portfolio, create a high-performing income-producing asset, or capitalize on the strong demand for new housing, this project offers a rare opportunity to acquire a development that's ready for its next phase. Plans provided in additional docs for review. Call agent for additional information.
Location
Financial Information
List Price:  $ 599999
Property Features
Appliances:  Dishwasher, Microwave
Levels:  One
Parking Features:  Driveway
Roof:  Shingle
Senior Community YN:  false
Water Source:  Public
MLS Area Major:  92113 - Logan Heights
City:  San Diego
Senior Community YN:  false
Listed By:   Chantelle Brown   Honeybee Realty 
CA Lic#