San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
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$907,500

$999,999

9.2%
Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

1.05 Acres Lot


SOLD DATE : 05/16/2025

Key Details

Sold Price $907,500

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2502578

Sold Date 05/16/25

Bedrooms 2

HOA Y/N No

Lot Size 1.050 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!

Location

State CA

County San Diego

Area Encanto (92114)

Zoning Assessor

Building

Story 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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San Diego Regional MLS (SDMLS)
Listed by Lani Sylvas • Coldwell Banker West
Bought with Lani Sylvas • Coldwell Banker West
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