430 47Th St

San Diego, CA 92102 $50,000.00 (-5%) Active for $950,000

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Beds: 2 Baths: 1 Structure Size: 850 sqft Lot Size: 9,811 sqft

Property Facts

MLS	240018086SD
Year Built	1951
Property Type	Single Family Residence
County	San Diego
Status	Active
Active	$950,000
Structure Size	850 sqft
Lot Size	9,811 sqft
Beds	2
Baths	1

Description

Development Opportunity - This site features an existing fixer single-family home with the majority of the lot now vacant and ideal for an ADU project. Several possible options may be possible. Option 1: Keep the existing home and build 16 ADUs of 1 bed/1 bath at 499 SF each in 4 separate buildings. This option includes 2 ADUs by right, 7 unrestricted Bonus ADUs and 7 low income ADUs. Option 2: Demolish existing home and build 20 ADUs of 1 bed/1 bath of 499 SF each in 5 separate buildings (4 units per building). 3 ADUs by right (1 is a replacement of the original home), 8 unrestricted bonus ADUs and 9 low income ADUs). Buyer to verify these or any other desired development options with the city as well as a licensed architect. Listing agent makes no warranties as to development options or feasibility.

Listing information courtesy of: Joe Phair, Keller Williams San Diego Metro . *Based on information from the Association of REALTORS/Multiple Listing as of 11/10/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.