7275 Saranac Street new

San Diego,CA 92115

$ 850000

4 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2502002

Bedrooms 4

HOA Y/N No

Lot Size 9,905 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Rare value-add investment opportunity in College East! First time on the market, this 0.23-acre parcel zoned RM-1-1, features two detached homes and detached garage on one lot with the option to maintain as a 2-on-1, expand to 4 units per a Preliminary Feasibility Study, or explore alternative development potential for 612 units. Located just 2 miles from SDSU and within a Transit Priority Zone, this property offers a prime investment opportunity with easy access to I-8 and I-15. Strong rental demand driven by a growing student population and ongoing campus expansions makes it an ideal choice for investors, developers, and 1031 exchange buyers seeking steady rental income and long-term growth potential. Dont miss this prime opportunity in a thriving San Diego rental market!
Rare value-add investment opportunity in College East! First time on the market, this 0.23-acre parcel zoned RM-1-1, features two detached homes and detached garage on one lot with the option to maintain as a 2-on-1, expand to 4 units per a Preliminary Feasibility Study, or explore alternative development potential for 612 units. Located just 2 miles from SDSU and within a Transit Priority Zone, this property offers a prime investment opportunity with easy access to I-8 and I-15. Strong rental demand driven by a growing student population and ongoing campus expansions makes it an ideal choice for investors, developers, and 1031 exchange buyers seeking steady rental income and long-term growth potential. Dont miss this prime opportunity in a thriving San Diego rental market!

Location

State CA

County San Diego

Area San Diego (92115)

Zoning See Remark

Building

Lot Description Curbs

Story 1

Lot Size Range 7500-10889 SF

Others

Monthly Total Fees $2

Acceptable Financing Cash

Listing Terms Cash

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