HIGH DENSITY DEVELOPMENT OPPORTUNITY! This charming home sits on a spacious flat lot, offering endless potential for developers. The property boasts a 9,351 FAR, perfect for maximizing buildable space. Located within an Opportunity Zone, take advantage of federal tax incentives while enjoying the benefits of RM 3-7 zoning, allowing one unit per 1,000 sq ft. With a 40 ft height limitation, this property is ideal for multi-story developments. Situated in a Transit Priority Area, no parking is required for new developments, reducing construction costs. Alley access at the rear of the property and its location within a complete communities/bonus ADU area, further enhancing development possibilities. Don’t miss out on this exceptional opportunity to develop in one of San Diego’s most promising areas!
Sold for $850,000 on 09/04/24
$850,000
3162 L St, San Diego, CA 92102
2beds
768sqft
Single Family Residence
Built in 2008
-- sqft lot
$769,700 Zestimate®
$1,107/sqft
$2,369 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 10, 2024 at 06:21am
Listed by:
Eric W Vaca DRE #01331749 619-985-6384,
Finest City Homes & Loans
Bought with:
Non Subscriber
Non Subscriber
Source: SDMLS,MLS#: 240018171
Originating MLS: San Diego Association of REALTOR

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Wall/Gravity
Cooling
- N/K
Appliances
- Included: Gas Range
- Laundry: Other/Remarks
Features
- Flooring: Other/Remarks, Wood
- Number of fireplaces: 1
- Fireplace features: FP in Living Room
- Common walls with other units/homes: Detached
Interior area
- Total structure area: 768
- Total interior livable area: 768 sqft
Property
Parking
- Parking features: None Known
Features
- Levels: 1 Story
- Patio & porch: N/K
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Frontage type: N/K
Details
- Additional structures: N/K
- Parcel number: 5453012000
- Zoning: Rm 3-7
- Zoning description: Rm 3-7
- Special conditions: N/K
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 2008
Utilities & green energy
- Sewer: Sewer Connected
- Water: Meter on Property
Community & neighborhood
Security
- Security features: N/K
Community
- Community features: N/K
Location
- Region: San Diego
- Subdivision: SAN DIEGO
HOA & financial
HOA
- Services included: N/K
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Other/Remarks,VA
Services availability
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Estimated market value
$769,700