5023 63rd, Talmadge/San Diego Central, CA 92115

$2,300,000
4
BD
2
BA

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List Price
$2,300,000
Status
ACTIVE
MLS#
260017923
Bedrooms
4
Bathrooms
2
Lot Size(apprx.)
10,000
Complex/Building Name
Sdsu
Property Type
Multifamily
Year Built
1950

Property Description

Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.

Additional Information

Building Name
Sdsu
Cooling
Central Air
Lot Size
10,000
Neighborhood
College Area
Roof
Tile/Clay
Tenant Pays
Electricity, Gas/Propane, Water
Year Built
1950

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Aaron Bove (858-945-7094) from Listing Office: Colliers International SD, Inc.

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