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Listed by Richard Montano, Broker
$ 1,250,000
Est. payment /mo
Active
220 Southlook Avenue San Diego, CA 92113
1,388 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,388 sqft
Price per Sqft $900
MLS Listing ID CRPTP2600264
HOA Y/N No
Year Built 2023
Lot Size 6,098 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
This property is more than a home-it's a massive development opportunity. Already fully remodeled, the existing 3-bedroom, 2-bath detached home is currently rented, generating income. But the real value lies in the approved plans to build four additional 2-bedroom, 1-bath units-all city approvals are complete, fees paid, and the sale comes with everything you need to start construction immediately. It's truly shovel-ready. Upgrades to the existing home include a new roof, upgraded electrical panel and meters, brand-new kitchen cabinets and bathroom vanities, new countertops, LVP flooring, updated doors, fresh interior/exterior paint, retrofit windows, new light fixtures and ceiling fans, new tankless water heater, and more. The exterior has been refreshed with new stucco, gates, landscaping, and exterior lighting. Located in Logan Heights, one of San Diego's most historic and culturally rich neighborhoods, the property is just minutes from the Gaslamp Quarter, East Village, Petco Park, and all that downtown San Diego has to offer. This is a rare opportunity to own a fully renovated income property with immediate expansion potential-all approvals in place, all fees paid, and all plans included. Construction can start tomorrow.
Location
State CA
County San Diego
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Laundry Laundry Closet
Building
Lot Description Other, Landscaped