3738 Beta St
San Diego, CA 92113
1073 sqft | 3 beds | 2 baths | 0.16 acres | #240019274SD
Description
Amazing development opportunity just weeks away from being shovel-ready, or perfect for a homeowner looking for rental-income and generational wealth. The existing 3-bedroom, 2-bathroom single-family residence is fully remodeled and offers 1073 square feet of modern living space, with a large primary suite featuring an ensuite bathroom. Situated on a generous lot and backed by Southcrest Community Park, this property includes a fenced-in front and back yard and a 1-car garage. Located in an Opportunity Zone with RM-1-1 zoning, it’s perfect for development. The lot is also located in a Sustainable Development Area ("SDA Zone"). This property is just 1-2 months away from full permit issuance to build 4 additional units (each 726 sqft, 2 bedrooms, 2 bathrooms) on the back half of the lot with convenient alley access, with 5 parking spots. All planning and design fees up to this point have already been paid. Projected rents of $15,000+/month after completion make this a highly attractive investment. Don’t miss out on this exceptional development opportunity in the heart of Southcrest.
Property Details
- Property SubtypeSingleFamilyResidence
- MLS #240019274SD
- MLS #240019274SD
- CountySan Diego
- Property TypePurchase
- Original List Price$839,999
- Acres0.1644
- Utility SourcePublic
- Cost799900
- Square Feet1073
- Year Built1952
- Bedrooms3
- Bathrooms2
- Full Baths2
- Stories1
- Parking Spaces1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Nichole Quiroz (#SAND-682724)
Listing Office: eXp Realty of California, Inc. (#SAND-5963)
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