$800,000
- Beds
- 3
- Baths
- 1.0
- sq ft
- 809
3057 Walton Pl, San Diego, CA 92116
3057 Walton Pl
San Diego, CA 92116
- 43 days on market
- Price drop $25,000↓
Located in the highly sought-after North Park neighborhood, 3057 Walton Pl offers an exceptional opportunity for investors and developers. This property, zoned RM-3-9, supports a high-density residential development with a base density allowing for one dwelling unit per 600 sq ft of lot space. The property is also within the Complete Communities jurisdiction, which provides additional development incentives, including potential density bonuses. Could qualify for 203k renovation loan, contact me for details. Investor/Developer Dream The feasibility study outlines options for maximizing the site's potential, including a proposed development of up to 9 units with a total gross building area of 5,474 sq ft, utilizing the affordable density bonus program. The proposal includes various unit sizes ranging from studios to two-bedroom units, catering to a diverse tenant base. The site benefits from a prime location within a Transit Priority Area (TPA), reducing parking requirements and enhancing accessibility to public transportation. Development Potential: Max FAR: 2.7 (Up to 8,267 sq ft) Max Building Height: 60 feet Base Units: 5 units (up to 6 with affordable housing inclusion) Potential Units with Density Bonus: Up to 9 dwelling units Current Building: Existing single-family detached home, featuring 3 bedrooms and 1 bathroom with 809 sq ft of living space. **Room Dimensions based on previous floor plan of home**
Details
Property type
Single Family Residence
Property condition
Under Construction
Lot size
3,070 sq ft
Price per sq ft
$989
Year built
2015
Price History
09/18/2024
SanDiego #240019489
Price change
$800,000
-3.03%
09/13/2024
SanDiego #240019489
Pending
$825,000
08/27/2024
SanDiego #240019489
Price change
$825,000
-2.94%
Schools & Community
Neighborhood:
North Park
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/27/2024 at 5:25 PM
Listing updated: 09/18/2024 at 9:25 AM
Listed by: Aaron Abrams, eXp Realty of Southern California, Inc. Phone #: (888) 294-1415
MLS: SanDiego #240019489
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