4927 67th St, Talmadge/San Diego Central, CA 92115
- $1,249,500
- List Price
- $1,249,500
- Status
- PENDING
- MLS#
- 260009535SD
- Year Built
- 1961
- Lot Size
- 7,211
- Acres
- 0.17
- Days on Market
- 140
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- San Diego
Property Description
The subject property located at 4927 67th Street in San Diego presents a rare opportunity to acquire a near shovel-ready multifamily development site in the highly desirable College East submarket, less than one mile from San Diego State University. The project is expected to receive project approval within weeks, offering investors a significantly reduced entitlement timeline and the ability to commence construction shortly after closing. Situated on a 7,211 square foot corner lot zoned RM 1-1, the property currently consists of two detached residential units (a 2-bedroom/1-bath and a 2-bedroom/2-bath). Approved plans call for the development of six additional units totaling approximately 3,700 square feet, bringing the total project to eight units upon completion. The proposed unit mix includes five 2-bedroom/1-bath units and one studio unit, designed to maximize rental efficiency and appeal to the area’s strong student and workforce housing demand.
Additional Information
- Cooling Description
- None
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 2
Listing courtesy of Listing Agent: Ryan Merriken (ryan@sdlandmark.com) from Listing Office: Landmark Multifamily and Development.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.