3057 Walton Pl, San Diego, CA 92116

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Kevin Silverstein

[email protected] +1(619) 203-7041

$695,000

Est. payment - /mo

3 Beds

1 Bath

809 SqFt

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UPDATED:

11/08/2024 10:35 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 809 sqft

Price per Sqft $859

Subdivision University Heights

MLS Listing ID 240025661

Style Detached

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 2015

Lot Size 3,070 Sqft

Acres 0.07

Property Description

Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego?s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego?s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego?s goals for walkable, transit-friendly neighborhoods. This is more than just a property?it's an investment in San Diego?s future.

Location

State CA

County San Diego

Community University Heights

Area Normal Heights (92116)

Rooms

Family Room 22x16

Master Bedroom 12x11

Bedroom 2 13x8

Bedroom 3 10x9

Living Room COMBO

Dining Room COMBO

Kitchen 8x8

Interior

Heating Other/Remarks

Laundry Inside

Exterior

Exterior Feature Other/Remarks

Garage None Known

Fence Chain Link

Roof Type Wood

Total Parking Spaces 3

Building

Story 1

Lot Size Range 1-3999 SF

Sewer Sewer Connected

Water Public

Level or Stories 1 Story

Others

Ownership Right To Use

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

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Listed by Aaron Abrams • eXp Realty of Southern California, Inc.

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities