Listed by Lee Sheppard, Sheppard & Co.,

2436 Adams Avenue

San Diego, CA, 92116

$4,350,000

$4,350,000
Active Under Contract
Active Under Contract
 - For Sale
property_type
Land
Prime 2.6 Acre Development Site in University Heights with Existing 4 units to provide income during Planning. Amazing Pastoral Views over Mission Valley. Existing Improvements consist of a two-story Triplex building and a separate Single Family Residence. Survey and Geological Reports completed. Historic Review Completed and Passed. Base Zoning: RM 2-5 - 7,396sqft with 6.5 FAR Complete Communities Overlay; RM 1-1 - 28,289sqft; RS 1-1 84,481sqft. Front Parking Area is leased to Adjacent Property Owner for $700 per month and he pays for Trash containers. Gross Annual Income income is $94,768. Existing Triplex building has 3/2 upper unit (approx 1852 sf), two 1/1 units (approx 700 sf each), and a one-car garage. 4th unit is a 2/1 SFR of approx 800 sf.
MLS® ID:
PTP2203169
Listed:
5/12/22
Updated:
8/19/22

Exterior/Building Features

Lot Size
2.6 acres lot
Lot Details
Bluff

Other Property Details

Area Name
92116 - Normal Heights
HOA Amenities
Ravine, Valley
Garage
No
Parking
N
View
Y
County
San Diego
Water Source
Public
Pool
No
Zoning
RM 2-5 - 7,396 sf with 6.

Property History

Date
Event
Price
Value
7/7/22
Active Under Contract
-
-
6/22/22
Active
-
-
6/12/22
Active Under Contract
-
-

 

Listed by Lee Sheppard, Sheppard & Co.,

Based on information from California Regional Multiple Listing Service, Inc. as of 8/19/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.  Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Data last updated 11:37 PM UTC, 8/19/22

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