4061 Front St

Description

Offered at $1,749,000 - $1,899,000. Presenting a unique investment opportunity in the coveted Hillcrest Complete Community zoning area of San Diego. This versatile property features 5 distinct units, offering a blend of historical charm & modern potential. Property Features: Single Family Home: A charming 3-bedroom, 1-bathroom home built in 1932. This residence has character and so much potential, though it is in need of some loving care to restore its former glory. Duplex: Two spacious 1-bedroom units. Newly Permitted ADU Units: Two studio Accessory Dwelling Units (ADUs). The total living space across all units is 2,062 square feet, situated on a generous 5,199 square foot lot with dimensions of 40' x 130'. The property also holds significant development potential, with a Floor Area Ratio (FAR) of 8.0 allowing potential for future development. Located in the heart of Hillcrest, this property enjoys a vibrant, central location with easy access to shopping, dining, and entertainment. The area’s dynamic community and desirable amenities make this a prime spot for investment. Whether you’re looking to generate rental income, undertake a redevelopment project, or restore the existing structures, this property offers a multitude of opportunities for savvy investors.

Listing information courtesy of: Tiffany Trost, eXp Realty of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/26/2024 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.