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Listing 26 out of 941
$965,000 For Sale

2467 Congress Street
San Diego, CA 92110

2 units | Multi Family 2-4
4356 sq ft - MLS# 180019282
Property Photo
1/25

Description

Choices and Charming. 2 Units, Commercial and/or residential in the heart of Old Town's high traffic area – house or shop plus casita or shop and gorgeous (event site?) gardens, each unit with own meters and private laundry, wifi service on site. Yards could be bordered to create private/separate areas. See detailed zoning and other information in supplement. Sketch of site/floor plans attached in documents., According to agent's study of zoning code, OTSDPD-Core allows multifamily of 1U per1750sf of lot (therefore 2U), or ground floor uses for many commercial for antiques, art, beauty, banks, bicycles, bake, clothing, drycleaning+laundry, food, general/variety, handicraft, jewelry, liquor, music, restaurants, sporting goods, travel, and more. Also offices above or behind above max 2000sf. Owner just started doing vacation rentals, so no reliable income record, but nightly rates are $85-125 in front house, $61-85 in back casita. Rates increased as their confidence grew. Since May they have total net (minus cleaning and rental service fees) of $27,000.50. GRM and CAP rate are estimates from casual renting in past 10 months. BUYER URGED TO DO OWN ZONING INVESTIGATION, however, excerpt of code for OTSDPD Core is attached to this listing. Best effort summary of this 10 pages, for your conveniencve only, is: Multi-family: max 1Unit per 1750sf of net lot area. Core uses permitted on ground floor: Antique shops, art stores+ galleries, barber+beauty shops, banks (no drive thru), bicycle shops, confectionary and bake shops, clothing, custom shops for curtains+draperies+floor coverings + upholstery, drug stores, dry cleaning+laundry, florists (outdoor display permitted), general+variety stores+gift shops, handicraft including wood+leather+metal shops, hardware, home furnishings+interior design, imports, jewelry, liquor, locksmith, museums music, pet shops, photographic studios+shops, restaurants (no drivethrough), shoe sales + repair, sporting goods, stationers and book (not adult) shops, tailors and dressmakers, theaters (except adult entertainment), tobacco, travel. Above ground floor uses above or behind above: dwelling unit at max density of 1U/1750sf of lot, boarding and lodging max 2 lodgers per unit, office max 2000sf, art or drama or music or dancing or language schools, shopkeeper units. You may NOT do auto parts or repair or sales or service or park stations, boat sales, contractor yards, drive-thru's, factories, hospitals, printing plants, lumber yards, machine shops, mortuaries, warehouse or wholesale sites. ZONING REGULATIONS CHANGE ALL THE TIME AND THE WEBSITE IS NOT NECESSARILY CURRENT. AND it is demonstrated that there are exceptions plus and minus. The only guarantee of any use or procedure is to have your architect or contractor or yourself make a visit to the Development Services and verify, as well as ask about exceptions. WE DO NOT GUARANTEE, but thought this summary might be helpful.

Features

  • Property Type: Multi Family 2-4
  • Sub Type: Multi Family 2-4
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92110
  • Year Built: 2016
  • Subdivision/Neighborhood: Old Town
  • School District: San Diego Unified
  • Stories: 1 Story
  • Units: 2 units
  • Lot Size: 4356 sq ft
  • Zoning: OTSDPDCore
  • # of Buildings: 2
  • # of Units w/Dryers: 2
  • # of Units w/Patios: 1
  • # of Units w/Range/Oven: 2
  • # of Units w/Refrigerator: 2
  • # of Units w/Washers: 2
  • Additional Property Use: Res/Business Use OK
  • Community: Old Town
  • Fencing: Full
  • Frontage in Ft: 43
  • Gross Sched Income Actual: 66142
  • Irrigation: Sprinklers
  • Listing Area: OLD TOWN SD (92110)
  • Lot Dimensions: 43x99
  • Lot Size Area: 4, 000-7, 499 SF
  • Lot SqFt: 4276
  • Parking Non-Garage Unit 1: Uncovered
  • Pets: Yes
  • Roof: Composition
  • Sewer/Septic: Sewer Connected
  • Siding: Wood
  • Telecommunications: Wired High Speed Internet
  • Topography: Level
  • Unit 1 # Bedrooms: 1
  • Unit 1 # Total Baths: 1
  • Unit 1 # of Full Baths: 1
  • Unit 1 Estimated SqFt: 840
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Projected Rent: 2000
  • Unit 2 # Bedrooms: 1
  • Unit 2 # Total Baths: 1
  • Unit 2 # of Full Baths: 1
  • Unit 2 Estimated SqFt: 380
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Projected Rent: 2000
  • Water: Meter on Property
  • Water District: City Of San Diego
  • Water Heater Type: Gas
Courtesy of Woods Real Estate Services Inc

 

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