3057 Walton Pl Pending Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92116
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 809 sqft
Price per Sqft $951
Subdivision North Park
MLS Listing ID 240019489SD
Bedrooms 3
Full Baths 1
Year Built 2015
Lot Size 3,070 Sqft
Property Description
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**
Location
State CA
County San Diego
Area 92116 - Normal Heights
Zoning RM-3-9
Rooms
Ensuite Laundry Laundry Room,See Remarks
Interior
Laundry Location Laundry Room,See Remarks
Heating Natural Gas,None
Cooling None
Laundry Laundry Room,See Remarks
Exterior
Garage Carport,Other
Garage Spaces 1.0
Garage Description 1.0
Fence None
Pool None
View Y/N No
Building
Story 1
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Submit
Listing Terms Cash,Cash to New Loan,Submit