3057 Walton Pl
San Diego, CA 92116
809 sqft | 3 beds | 1 bath | 0.07 acres | #240019489SD
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**
Interior Details
- Bedrooms3
- Bathrooms1
- Full Baths1
Property Details
- Stories1
Measurements
- Acres0.0705
- Square Feet809
Parking
- Parking Spaces1
Construction Details
- Property TypePurchase
Condition
- Year Built2015
Utilities / Energy Details
- Utility SourcePublic
Community and Neighborhood Details
- SubdivisionNorth Park
Location
- CountySan Diego
Financial Details
- Original List Price$850,000
Other
- MLS #240019489SD
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Aaron Abrams (#SAND-705919)
Listing Office: eXp Realty of Southern California, Inc. (#SAND-992198)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
