3996 Teak Street new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92113
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,368 sqft
Price per Sqft $1,095
MLS Listing ID CL25529387
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1949
Lot Size 6,600 Sqft
Acres 0.1515
Property Sub-Type Single Family Residence
Property Description
Great Opportunity to buy an Existing Single Family Home with a Jr. ADU. The Lot has 100 feet of frontage along Mt. Hope Park with 12 Mile Suburban Views to Mt. Soledad during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is located in a Transit Priority Zone and Opportunity Zone. 40% Renewable Energy Tax Credits with the Addition of Solar and Batteries. There are current plans for an Four Additional Legal Units to be Built on the Property as ADU's and Duplex. Permit expected very shortly. There is potential of up to a total of 10 units that could be built on the property. Buyer to verify with Architectural and Zoning experts. Property is located in a Qualified Opportunity Zone. Which means that Investors who have sold stocks, business and real estate can trade into the property and fund the Construction Tax Free within six months of their Original Purchase and Construction can be completed within 30 months. Seller is a Broker, no Listing Broker. Buyer Broker paid 6.00% of Sale Price. $1,499,000.00 No Tours unless a written offer is presented with Proof of Funds All Cash.
Location
State CA
County San Diego
Zoning RM-1
Interior
Interior Features Bonus/Plus Room,Stone Counters
Heating Central
Cooling Other
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Gas Range,Microwave
Laundry In Garage
Exterior
Garage Spaces 1.0
Pool Fenced
Utilities Available Other Water/Sewer
View Y/N true
View City Lights,Greenbelt,Mountain(s),Panoramic,Pasture,Trees/Woods
Total Parking Spaces 3
Private Pool false
Building
Story 2
Water Other
Level or Stories Two Story
New Construction No
Others
Tax ID 5463301300