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California, San Diego County, San Diego, USA

£748,111
USD $995,000
Hamptons, International USA
PROPERTY TYPE

Detached

BEDROOMS

3

BATHROOMS

2

SIZE

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Key features

  • Cooling: No A/C
  • Views: Park
  • Exterior Description: Other
  • Special Program: Global Luxury

Description

Incredible opportunity awaits with this charming two-story single-family home on a corner lot. Property is Zoned for Multifamily and Multiple Units can be built here. Property is also located in a Transit Priority zone with an Expedited Application Process and Reduced Fees. Originally constructed in 1949, this residence features a delightful layout with 3 bedrooms and 2 bathrooms. The upper level, accessible via the main entrance on Teak St, offers 2 bedrooms, 1 bath, a spacious remodeled kitchen, and an inviting dining and living area with gleaming hardwood floors. Step outside onto the expansive outdoor deck, perfect for hosting gatherings and enjoying outdoor leisure. Convenience is key with a single-car garage and tandem driveway parking available. The lower level, with a separate entrance on 40th St, presents an additional 1 bedroom and 1 bath, providing versatile options for extended family living or rental income potential. What sets this opportunity apart is the ability to build Multiple Multifamily Units or ADU's. Property is located in a Federal Opportunity Zone providing Capital Gains Tax Relief to Failed 1031 Exchange Investors, Capital Gains from Business Sales, Stock Sales, and many other Capital Gains from Business Investments. Lot size spans of 6,600 sq feet, and includes alley access. Property Located in Community Lending Program-Discount rates up to 1.5% based on qualifying terms-available through select lenders. Don't miss out on the chance to own a home with endless possibilities for expansion and income generation!

Bedroom


Bedroom


Bedroom


Full Bath


Full Bath


Kitchen


Living Room

California, San Diego County, San Diego, USA

NEAREST AIRPORTS

Distances are straight line measurements
  • San Diego(International)
    4.9 miles
  • Palm Springs(Local)
    85.3 miles
  • Long Beach(Local)
    96.8 miles
Advice on buying American property

Advice on buying American property

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About Hamptons, International USA

Hamptons has been matching people with property that’s right for them, locally, nationally and internationally, since 1869. Today, with 15 decades of finding property and looking after people under our belt, our clients now consider us to be their ‘home experts’.

A national and international family, we have an intimate local knowledge and a deep understanding of, and connection with, the communities around us. We have a network of over 90 branches, which is growing year on year.

Our international presence is no different, with a growing network of over 1,200 affiliate offices, in more than 35 countries, listing over 85,000 properties across the globe. We work with hand-picked international partners to ensure that you are always dealing with the local home experts whether in the UK or overseas.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Hamptons, International USA (reference 18664891_12926443) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

Email agent

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