$695,000
Pending

3057 Walton Pl

San Diego, CA 92116
809 sqft | 3 beds | 1 bath | 0.07 acres | #240025661SD
Listing OfficeeXp Realty of Southern California, Inc.
Browse 9 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego’s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego’s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego’s goals for walkable, transit-friendly neighborhoods. This is more than just a property—it's an investment in San Diego’s future.

  • Interior Details
      • InteriorSeeRemarks
    • Beds & Baths
      • Bedrooms3
      • Bathrooms1
      • Full Baths1
  • Property Details
      • Stories1
    • Measurements
      • Acres0.0705
      • Square Feet809
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built2015
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • SubdivisionUniversity Heights
    • Location
      • CountySan Diego
  • Financial Details
      • Original List Price$695,000
  • Other
      • MLS #240025661SD

Location

Nancy C. TurnerReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

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.

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Loan Amount
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