49
See all 49 photos
$999,999
Est. payment /mo
2 Beds
1 Bath
1.05 Acres Lot
Active
5305 Santa Margarita Street San Diego, CA 92114
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2502578
Bedrooms 2
HOA Y/N No
Lot Size 1.050 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
Location
State CA
County San Diego
Area Encanto (92114)
Zoning Assessor
Building
Story 1
Others
Miscellaneous Value in Land
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://sites.rocksynergies.com/vd/182394321
Listed by Lani Sylvas • Coldwell Banker West