Attention Flippers and Developers! This 2 bed, 1 bath home on a raised foundation with RM-1-1 zoning and in an Opportunity Zone needs significant repairs and maintenance, but offers huge potential for experienced flippers and developers to transform it into a lucrative investment. The RM-1-1 zoning allows for a variety of uses, including multi-family or mixed-use development, and the property's location in an opportunity zone offers attractive tax incentives. This property also has alley access, providing a private entrance for a second home to be built, adding even more potential for profitable development. Located close to Downtown San Diego, this property is a desirable location for development, making this an exciting opportunity for those with the vision to create a valuable asset.
Sold for $425,000 on 05/12/23
Listing Provided by:
Ricardo Olea DRE #02009936 888-294-1415,
eXp Realty of Southern Calif.
$425,000
3755 Florence St, San Diego, CA 92113
2beds
821sqft
Single Family Residence
Built in 1925
6,300 Square Feet Lot
$629,100 Zestimate®
$518/sqft
$2,578 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 14, 2023 at 07:57pm
Listing Provided by:
Ricardo Olea DRE #02009936 888-294-1415,
eXp Realty of Southern Calif.
Bought with:
Ricardo Olea, DRE #02009936
eXp Realty of Southern Calif.
Source: CRMLS,MLS#: PTP2301640
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 821 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 1
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 6,300 sqft
- Dimensions: 6,300 sqft
- Features: Rectangular Lot, Value In Land
Details
- Parcel number: 5463820900
- Zoning: R-2:MINOR MULTIPLE
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Fixer,Repairs Major
- Year built: 1925
Utilities & green energy
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: San Diego
Other
Other facts
- Listing terms: Cash
Services availability
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Estimated market value
$629,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$629,100