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2581 Commercial St San Diego, CA 92113
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,450 sqft
Price per Sqft $562
Subdivision Logan Heights
MLS Listing ID 220008395
Sold Date 08/16/22
Style Detached
Bedrooms 4
Full Baths 1
HOA Y/N No
Year Built 1919
Lot Size 4,500 Sqft
Acres 0.1
Property Description
Opportunity knocks with this Logan Heights home! Situated on a 4500-sf CN-1-4 mixed-use zoned lot, a Buyer has multiple options for adding value. Home features 4 bedrooms, 1 bath, a bonus room, laundry room and detached single car garage. Currently tenant occupied on a month to month basis. Property has been confirmed to have NO historical significance, has received FAA Obstruction Clearance to 100' (more possible), and has two preliminary reviews from the City of San Diego confirming extent of mixed use development opportunities which may be achieved with over-the-counter, by-right permits (i.e., no discretionary hearings or approvals. 3 options: 1) develop 10 micro units plus 7200-sf of commercial which could be used as visitor accommodation units (airbnb) or other commercial (professional office and retail) uses; 2) construct up to 29,250-sf of residential units, plus 4,500-sf of commercial, to be used as commercial space (no visitor accommodations); or 3) retain current home and convert current detached garage to ADU plus add additional ADUs to lot for added rental income. If building up, views of the Coronado Bridge AND downtown San Diego are possible. Sits right on a trolley stop, so no parking required under many development scenarios. In short, multiple options for every Buyer category!
Location
State CA
County San Diego
Community Logan Heights
Area Logan Heights (92113)
Zoning Mixed-Use
Rooms
Family Room 14x12
Master Bedroom 14x11
Bedroom 2 11x11
Bedroom 3 11x8
Bedroom 4 11x11
Living Room 20x14
Dining Room 12x11
Kitchen 12x11
Interior
Heating Natural Gas
Equipment Dishwasher, Range/Oven, Refrigerator
Appliance Dishwasher, Range/Oven, Refrigerator
Laundry Laundry Room
Exterior
Exterior Feature Stucco
Parking Features Detached
Garage Spaces 1.0
Fence Gate
Roof Type Rolled/Hot Mop
Total Parking Spaces 2
Building
Story 1
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Others
Ownership Fee Simple
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Bought with OUT OF AREA • OUT OF AREA - NON MEMBER