Listing provided courtesy of Jorge Jimenez of SVN Vanguard. Last updated 2023-09-23 09:14:08.000000. Listing information © 2023 Sandicor.
Asking Price: $750,000
253 Cottonwood Rd, San Diego CA 92173
Community: San Ysidro
This Res Income 2-4 Units property was built in 1948 and is priced at $750,000. Please see the additional details below.
This property is a 7,145 square foot lot in San Ysidro, one of San Diego's quickest growing areas. This property has great value-add potential with stabilized rents and/or renovations. Possible redevelopment in accordance with zoning and overlays affords the opportunity for an investor to add more units. Current base zoning of multiple residential (RM-1-1) which allows for one dwelling unit per 3,000 square feet. The site is within the Transit Priority Area (TPA), the Complete Communities Mobility Choices (CCMC Mobility Zone 2), and is designated a Sustainability Development Area (SDA) for the city of San Diego. The property is within the Federal Opportunity Zone allowing one to off set or eliminate capital gains taxes all together (verify with your CPA). The short distance to two major freeways as well as extremely close public transport allow for access to most all San Diego, making this site a prime location to buy. *Three units are non-permitted
