430 47Th St

San Diego, CA 92102

PRICE REDUCED

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-$50,000 (-5.00%)

$950,000

List Price

2

bed Beds

1

shower Baths

850 sqft

straighten / sqft

1951

calendar_month Built

Property Description

Development Opportunity - This site features an existing fixer single-family home with the majority of the lot now vacant and ideal for an ADU project. Several possible options may be possible. Option 1: Keep the existing home and build 16 ADUs of 1 bed/1 bath at 499 SF each in 4 separate buildings. This option includes 2 ADUs by right, 7 unrestricted Bonus ADUs and 7 low income ADUs. Option 2: Demolish existing home and build 20 ADUs of 1 bed/1 bath of 499 SF each in 5 separate buildings (4 units per building). 3 ADUs by right (1 is a replacement of the original home), 8 unrestricted bonus ADUs and 9 low income ADUs). Buyer to verify these or any other desired development options with the city as well as a licensed architect. Listing agent makes no warranties as to development options or feasibility.

Listing Information

List Price $950,000
Status Active
MLS 240018086SD
Type Residential
Subtype Single Family Residence
Year Built 1951
Lot Size 9,811
Structure Size 850
DOM 34
Courtesy Of Keller Williams San Diego Metro
Listing Agent Joe Phair DRE#01858062

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup
Total Bedroom
Bedrooms 2
Total Bathroom
Bathrooms 1
Flooring Information
Material Wood
Cooling Type
Cooling Type None

Exterior Information

Other Structures
Features None
View Yes

Maps

Listing information courtesy of: Joe Phair, Keller Williams San Diego Metro . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.