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2621 258 Dove St.

San Diego, CA 92103
  • $1,800,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: 220019264SD
$1,800,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent(s): Terry Moore of Apartment Consultants, Inc. (619-299-3000)


Description

Property could be upgraded via ADU or could be scrapped and developed completely. Complete Community Development opportunity in Mission Hills to potentially build 70 units. Today there are three two-bedroom units and four garages on an 8,756 SF lot. The extended family owns the property and all units are family occupied. Family will vacate by close of escrow or would be willing to stay and pay market rents. San Diego's premier urban economists London Moeder have analyzed the site for development potential. FAR might allow as many as 70 units. They suggest that 21 units would be practical. Their moderate analysis is based only on one story parking and three stories of wood frame, 21 units over 11 parking spaces. The residual land value is estimated at $3,100,000. WE STRONGLY ENCOURAGE ALL AGENTS TO DOWNLOAD & READ the attached Development OM for the London Moeder analysis report BEFORE CALLING. Exterior: Wood/Stucco Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Number of Furnished Units: 0

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T00:26:16.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
www.itsyourmovesandiego.com/homes/131235352
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2621 258 Dove St. San Diego, CA 92103

  • Price: $1,800,000
  • Status: Active
  • On Site: 20 Days
  • ID#: 220019264SD
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1958
Built
Neighborhood:
92103 - Mission Hills
County:
San Diego
Area:
92103 - Mission Hills
Property Description
Property could be upgraded via ADU or could be scrapped and developed completely. Complete Community Development opportunity in Mission Hills to potentially build 70 units. Today there are three two-bedroom units and four garages on an 8,756 SF lot. The extended family owns the property and all units are family occupied. Family will vacate by close of escrow or would be willing to stay and pay market rents. San Diego's premier urban economists London Moeder have analyzed the site for development potential. FAR might allow as many as 70 units. They suggest that 21 units would be practical. Their moderate analysis is based only on one story parking and three stories of wood frame, 21 units over 11 parking spaces. The residual land value is estimated at $3,100,000. WE STRONGLY ENCOURAGE ALL AGENTS TO DOWNLOAD & READ the attached Development OM for the London Moeder analysis report BEFORE CALLING. Exterior: Wood/Stucco Unit # for Unit 1: 1 Unit # for Unit 2: 2 Unit # for Unit 3: 3 Number of Furnished Units: 0
Exterior Features

Fencing None Parking Total 0 Roof Composition

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Cap Rate 0 Gross Scheduled Income 0 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 0 Senior Community YN No



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-08-15T00:26:16.593. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Massa & Associates Real Estate Group | eXp California Realty Inc. Licensed in the State of California, USA.
 
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Massa & Associates Real Estate Group | eXp California Realty Inc
848 Prospect St
La Jolla CA, 92037
Listing Agent(s): Terry Moore of Apartment Consultants, Inc. (619-299-3000)