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$ 850,000
Est. payment /mo
New
7275 Saranac Street San Diego, CA 92115
4 Beds
2 Baths
9,905 Sqft Lot
UPDATED:
03/04/2025 05:11 AM
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!
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
Listed by Jessica Gooch • Willis Allen Real Estate