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5305 07 Santa Margarita ST San Diego, CA 92114
1.05 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2502578
HOA Y/N No
Year Built 1959
Lot Size 1.050 Acres
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 don't come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don't let this one slip away—your dream starts here!
Location
State CA
County San Diego
Area 92114 - Encanto
Zoning R-2
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Mountainous
View Y/N No
Private Pool No
Building
Lot Description Lot Over 40000 Sqft, Value In Land, Yard
Story 1
Sewer Public Sewer
Others
Senior Community No
Tax ID 5482040100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Trust
Virtual Tour https://sites.rocksynergies.com/vd/182394321
Listed by Lani Sylvas • Coldwell Banker West • Lani@sandiego-lifestyle.com