Great Opportunity to do a Ground Lease with an Existing Single Family Home with an existing Jr. ADU and an Additional Four Units Approved to build in an Opportunity Zone. $250K in Tax Credits are available. The lot has 100 feet of frontage along Mt. Hope Park with 12 Mile… Read More Suburban Views to Mt. Helix during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is located in a Transit Priority Zone and Opportunity Zone awarding 40% Renewable Energy Tax Credits with the Addition of Solar and Batteries. Permits are ready and done for Four Additional Legal Units to be Built on the Property as ADU's and a Duplex. There is potential of up to a total of 10 units that could be built on the property. Property is located in a Qualified Opportunity Zone. Which means that Investors who have sold stocks, business and real estate can trade into the property and fund the Construction Tax Free within six months of their Original Purchase and Construction can be completed within 30 months. Lessor is a Broker, no Listing Broker. Read Less
Property listed by Rising Tide Real Estate Inc., Steven Prescott 619-300-6945
Listing Snapshot
Days Online
8
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Square Ft.
1,368
Lot Size
0.15 Acres
Year Built
1949
MLS Number
26640029
Additional Details
Appliances & Equipment
Dishwasher, GasOven, GasRange, Microwave, Oven
Building
Built in 1949, Living area: 1368.0, Building faces East, 2 stories, Levels: Two
Cooling
Electric
Exterior Features
Patio/Porch Features: Deck
Fireplaces
None
Garage
1 spaces
Heating
Central
Home Owner's Association
Amenities: PaddleTennis, TennisCourts
Interior Features
SeparateFormalDiningRoom
Laundry
InGarage
Lot
0.1515 acres
Parking
2 open parking spaces, 3 total parking spaces, DrivewayDownSlopeFromStreet, OffSite, Public, OnStreet
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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