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$900,000
Est. payment /mo
4 Beds
3 Baths
6,271 Sqft Lot
UPDATED:
12/17/2024 07:18 AM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID PTP2407486
Bedrooms 4
HOA Y/N No
Lot Size 6,271 Sqft
Property Description
4309-11 Altadena Ave is a value-add opportunity located in Central San Diego. The property consists of a detached 3 Bed / 2 Bath front house measuring 1,451 sqft with a rear duplex consisting of (2) 1 Bed / 1 Bath units measuring 540 sqft each. The property also possesses a 414 sqft detached 2 car garage and an oversized 2 space carport off the alley. A savvy buyer may elect build ADUs on the property to further increase density and income potential. CA Statewide regulations provide a build by right allowance of 2 ground up construction ADUs and one existing non-living square footage ADU conversion for the potential to create 3 total ADUs on site for any Multifamily Zoned lot. Cash or Private financing only due to condition. Front house will need a new foundation.
4309-11 Altadena Ave is a value-add opportunity located in Central San Diego. The property consists of a detached 3 Bed / 2 Bath front house measuring 1,451 sqft with a rear duplex consisting of (2) 1 Bed / 1 Bath units measuring 540 sqft each. The property also possesses a 414 sqft detached 2 car garage and an oversized 2 space carport off the alley. A savvy buyer may elect build ADUs on the property to further increase density and income potential. CA Statewide regulations provide a build by right allowance of 2 ground up construction ADUs and one existing non-living square footage ADU conversion for the potential to create 3 total ADUs on site for any Multifamily Zoned lot. Cash or Private financing only due to condition. Front house will need a new foundation.
4309-11 Altadena Ave is a value-add opportunity located in Central San Diego. The property consists of a detached 3 Bed / 2 Bath front house measuring 1,451 sqft with a rear duplex consisting of (2) 1 Bed / 1 Bath units measuring 540 sqft each. The property also possesses a 414 sqft detached 2 car garage and an oversized 2 space carport off the alley. A savvy buyer may elect build ADUs on the property to further increase density and income potential. CA Statewide regulations provide a build by right allowance of 2 ground up construction ADUs and one existing non-living square footage ADU conversion for the potential to create 3 total ADUs on site for any Multifamily Zoned lot. Cash or Private financing only due to condition. Front house will need a new foundation.
Location
State CA
County San Diego
Area San Diego (92115)
Building
Lot Description Curbs
Story 2
Lot Size Range 4000-7499 SF
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by Maxwell Brown • Commercial Asset Advisors
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Mary Ellen Haywood
Broker Associate | CA DRE#01264878
Broker Associate CA DRE#01264878