5305 07 Santa Margarita Street

Description

Great Opportunity in Encanto. Nestled on 1 acre of land, this is a unique opportunity to own two separate homes currently on the property as well as build additional multiple units. This RM-1, 43,738 lot is located in transit priority area, and sustainable development area is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this don’t come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don’t let this one slip away—your dream starts here!

Listing information courtesy of: Lani Sylvas, Coldwell Banker West 619-889-7119. *Based on information from the Association of REALTORS/Multiple Listing as of 01/30/2025 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.