3280 Gillette Street, Golden Hill, CA 92102
- $850,000
- 3
- BD
- 2
- BA
- 1,313
- SqFt
- List Price
- $850,000
- Status
- ACTIVE
- MLS#
- 260018219SD
- Year Built
- 1955
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,313
- Lot Size
- 5,129
- Acres
- 0.12
- Days on Market
- 4
- Property Type
- Single Family Residential
- Property Sub Type
- Single Family Residence
- Stories
- One Level
- Neighborhood
- San Diego
Property Description
CITY APPROVED PLANS!!! Rare development opportunity in San Diego's 92102 — with a rare financing edge. This 3BR/2BA, 1,313 sqft home sits on a 5,129 sqft lot and carries an assumable FHA loan at just 2.75%, a major advantage in today's rate environment. The real value: city-approved plans to build 4 units totaling 3,839 sqft (10 bedrooms, 8 bathrooms). The slowest, riskiest, most expensive phase of any project — securing city approval — is already behind you, giving builders and investors a clear head start toward execution and after-repair value. Hold or rent the existing home while you plan, or move straight to construction. Ideal for developers, investors, and value-add buyers seeking scale in a supply-constrained market. Buyer to independently verify all plans, permits, and development rights with the City. Assumption subject to lender approval and buyer qualification.
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Additional Information
- Appliances
- Dishwasher, Disposal, Microwave, Refrigerator
- Pool Description
- None
- Heat
- Electric, Natural Gas
- Cooling
- Yes
- Cooling Description
- See Remarks
- Exterior Construction
- Stucco
- Roof
- Flat
- Garage Spaces Total
- 8
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Keegan Wetzel (keegan@keeganwetzel.com) from Listing Office: Real Broker.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.