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Sherry Ramos

sherry.ramos@engelvoelkers.com +1(818) 429-2793

$ 695,000

Est. payment -/mo

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3057 Walton Pl San Diego, CA 92116

3 Beds

1 Bath

3,070 Sqft Lot

UPDATED:

10/30/2024 11:09 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Subdivision University Heights

MLS Listing ID 240025661SD

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 2015

Lot Size 3,070 Sqft

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

Area 92116 - Normal Heights

Rooms

Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside

Interior

Interior Features See Remarks

Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,Inside

Heating None, See Remarks

Cooling None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Garage Concrete, Carport, Driveway, Garage, Other, Tandem

Fence Chain Link

Pool None

View Y/N No

Roof Type Wood

Parking Type Concrete, Carport, Driveway, Garage, Other, Tandem

Total Parking Spaces 3

Private Pool No

Building

Story 1

Entry Level One

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4460511400

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

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

Sherry Ramos

Advisor | License ID: 01271018

+1(818) 429-2793

Sherry Ramos

3057 Walton Pl San Diego, CA 92116

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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3057 Walton Pl