Courtesy of RAD Real Estate Co., Christian Diaz 949-945-4925
Property Description
Exceptional investment or redevelopment opportunity in the sought-after Morena District, just minutes from USD, Mission Bay, and Fashion Valley. This 3-bed, 2-bath single-family home sits on a 5,000 sq ft lot with alley access ideal for ADU additions, redevelopment, or multi-unit potential under San Diegos Complete Communities program which extends the density to 4.0 FAR or (20,000 sqft). The existing home offers approximately 1,080 sq ft of living space with classic mid-century charm, a detached garage, and a functional layout ready for renovation or re-use. The propertys location, zoning flexibility, and strong rental demand make it a standout opportunity for builders, investors, and small-scale developers alike. Highlights include, flat 5,000 sq ft lot with alley access, zoned for density bonus / ADU potential (verify with city), centrally located near USD, Mission Valley, and major freeways, minutes to beaches, downtown, and top retail centers, strong rental demand and redevelopment upside. Dont miss this rare chance to secure a property with both short-term income potential and long-term development value in one of San Diegos fastest-growing submarkets.
Open House
Property Details and Features
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Bathrooms
- 2 total bathrooms
- 2 full bathrooms
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Bedrooms
- 3 total bedrooms
- 3 possible bedrooms
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Building
- Built in 1956
- Building area total: 1080
- 1 stroy
- 1 story total
- Living area: 1080
- Living area units: Sqft
- Building area units: Sqft
- Entry level: 1
- “No Common Walls”
- “1 Story”
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Cooling
- “N/K”
-
Fireplaces
- “N/K”
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Garage
- 2 spaces
-
Water Features
- Water source: “Public”
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Laundry
- “Washer Hookup”
-
Listing
- Listing ID: OC25235828
- List price: $1,299,000
- 9 days on market
- Listing contract date: 2025-10-06
- Special listing conditions: “Standard”
- “Cash”
- “Conventional”
- “Exchange”
- “FHA”
- “Seller May Carry”
- “VA”
- “Cash To New Loan”
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Location
- Subdivision: OLD TOWN
-
Lot
- 5,000 size sqft
- Size area: 0.1148
- Size units: Acres
-
Parking
- Total: 2
-
Pool
- “N/K”
-
Property
- Property subtype: Detached
- Property type: Residential
- “N/K”
-
Schools
- High school district: San Diego Unified School Distric
- Middle or junior school district: San Diego Unified School Distric
- Elementary school district: San Diego Unified School Distric
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Sewer
- “Public Sewer”