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$750,000
253 COTTONWOOD RD, San Diego, CA 92173 Multi Family For Sale MLS# 230015807
Price:
$750,000
Location:
253 COTTONWOOD RD, San Diego, CA
Description:
This property is a 7,145 square foot lot in San Ysidro, one of San Diego's quickest growing areas. Currently built upon the lot are a single-family residence as well as 3-nonconforming units. This property has great value-add potential with stabilized sales and/or renovations. Possible redevelopment in accordance with zoning and overlays affords the opportunity for an investor to add more units. Current base zoning of multiple residential (RM-1-1) which allows for one dwelling unit per 3,000 square feet. The site is within the Transit Priority Area (TPA), the Complete Communities Mobility Choices (CCMC Mobility Zone 2), and is designated a Sustainability Development Area (SDA) for the city of San Diego. The property is within the Federal Opportunity Zone allowing one to off set or eliminate capital gains taxes all together (verify with your CPA). The short distance to two major freeways as well as extremely close public transport allow for access to most all San Diego, making this site a prime location to buy. Three of the units are non-conforming. Permits unknown. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
3,000 sq. ft.
For sale by:
By Owner
Posted:
August 21 2023 on ListedBuy
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More About this Listing: 253 COTTONWOOD RD, San Diego, CA 92173 Multi Family For Sale MLS# 230015807
253 COTTONWOOD RD, San Diego, CA 92173 Multi Family For Sale MLS# 230015807 is a Multi-Family Real Estate for Sale at 253 Cottonwood Rd in San Diego CA. Find other listings like 253 COTTONWOOD RD, San Diego, CA 92173 Multi Family For Sale MLS# 230015807 and listings near 253 Cottonwood Rd by searching Oodle Classifieds for Multi-Family Real Estate for Sale in San Diego CA.
253 COTTONWOOD RD, San Diego, CA 92173 Multi Family For Sale MLS# 230015807 is a Multi-Family Real Estate for Sale at 253 Cottonwood Rd in San Diego CA. Find other listings like 253 COTTONWOOD RD, San Diego, CA 92173 Multi Family For Sale MLS# 230015807 and listings near 253 Cottonwood Rd by searching Oodle Classifieds for Multi-Family Real Estate for Sale in San Diego CA.