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


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

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!

Location

State CA

County San Diego

Zoning Assessor

Direction Euclid Avenue Left on Santa Margarita

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 5482040100

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Michael & Jessica Solis

Michael & Jessica Solis

+1(760) 889-9374

Our team is ready to help you sell your home for the highest possible price ASAP


MLS Router / San Diego MLS
Listed by Lani Sylvas Coldwell Banker West
Bought with Lani Sylvas Coldwell Banker West
Michael & Jessica Solis

"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 889-9374

mike@solisteamre.com

206 N Freeman St, Oceanside, CA, 92054, United States

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