351 Milbrae St, Logan Heights, CA 92113
- $599,999
- 4
- BD
- 3
- BA
- 1,263
- SqFt
- List Price
- $599,999
- Price Change
- ▼ $49,001 1787275323
- Status
- ACTIVE
- MLS#
- 260018440SD
- Year Built
- 1911
- Bedrooms
- 4
- Bathrooms
- 3
- Living Sq. Ft
- 1,263
- Days on Market
- 45
- Property Type
- Single Family Residential
- Short Sale
- Yes
- Property Sub Type
- Single Family Residence
- Stories
- One Level
- Neighborhood
- San Diego
Property Description
Fixer with development potential for 7 units! Short Sale, Lender approved at $600k, cannot entertain offers below $600k. Cash or Hard Money only. This value-add property includes City San Diego submitted plans to convert the existing single-family residence into 2 residential units, constructing 4 new detached ADUs, and completing 1 garage conversion ADU for a total of 7 units. Save months of planning and pre-development time with plans already prepared for a project designed for today's high-demand infill housing market. The property features valuable alley access; providing excellent functionality for construction, access, and future unit layout. Whether you're looking to build a long-term rental portfolio, create a high-performing income-producing asset, or capitalize on the strong demand for new housing, this project offers a rare opportunity to acquire a development that's ready for its next phase.
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Additional Information
- Appliances
- Built-In Range, Dishwasher, Microwave
- Pool Description
- None
- Fireplace Description
- Family Room
- Heat
- See Remarks
- Cooling Description
- None
- Exterior Construction
- Wood Siding
- Roof
- Shingle
- Garage Spaces Total
- 1
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Chantelle Brown (ChantelleBrownRealtor@gmail.com) from Listing Office: Honeybee Realty.
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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.