5023 63Rd, Talmadge/San Diego Central, CA 92115
- $2,300,000
- List Price
- $2,300,000
- Status
- ACTIVE
- MLS#
- 260017923SD
- Year Built
- 1950
- Lot Size
- 10,000
- Acres
- 0.23
- Days on Market
- 8
- Property Type
- Multifamily
- Stories
- One Level
- Neighborhood
- San Diego
Property Description
Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.
Additional Information
- Cooling
- Yes
- Cooling Description
- Central Air
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $63,008
Listing courtesy of Listing Agent: Aaron Bove (aaron.bove@colliers.com) from Listing Office: Colliers International SD, Inc.
Mortgage Calculator
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