San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
San Diego, CA 92114,5305 Santa Margarita Street
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$999,999
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1.05 Acres Lot
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5305 Santa Margarita Street San Diego, CA 92114

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UPDATED:

01/25/2025 10:24 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2500629

HOA Y/N No

Lot Size 1.050 Acres

Property 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 dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!
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 dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!

Location

State CA

County San Diego

Area Encanto (92114)

Zoning Assessor

Building

Story 1

Others

Miscellaneous Value in Land

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Lani Sylvas • Coldwell Banker West

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agent

Catherine Maranca

Agent | CA DRE#01955971

+1(760) 809-5554

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5305 Santa Margarita Street