Homes for sale - 3057 Walton Pl, San Diego, CA 92116

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Ryan Shimp

Engel & Völkers Americas

[email protected] +1(818) 314-8606

$ 695,000

Est. payment -/mo

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Pending

3057 Walton Pl San Diego, CA 92116

3 Beds

1 Bath

809 SqFt

UPDATED:

11/08/2024 10:28 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Pending

Purchase Type For Sale

Square Footage 809 sqft

Price per Sqft $859

Subdivision University Heights

MLS Listing ID 240025661SD

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 2015

Lot Size 3,070 Sqft

Property Description

Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego’s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego’s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego’s goals for walkable, transit-friendly neighborhoods. This is more than just a property—it's an investment in San Diego’s future.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Interior

Interior Features See Remarks

Heating None, See Remarks

Cooling None

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside

Exterior

Parking Features Concrete, Carport, Driveway, Garage, Other, Tandem

Fence Chain Link

Pool None

View Y/N No

Roof Type Wood

Total Parking Spaces 3

Private Pool No

Building

Story 1

Entry Level One

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 4460511400

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit

Listed by Aaron Abrams • eXp Realty of Southern California, Inc.

Ryan Shimp

Private Office Advisor | License ID: 01864245

+1(818) 314-8606

Ryan Shimp

3057 Walton Pl San Diego, CA 92116

Key Details

Location

Interior

Exterior

Building

Others

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3057 Walton Pl