3041 Menlo

San Diego CA

List Price
$799,000
Days On Market
3 Bed
2 Bath
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1700 SqFt

13672 sqft Lot

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About the Property
Approximately 13,672 SF lot with significant value-add and development potential Existing residence: 3 bedrooms and 2 bathrooms *Additional space: 2 additional bedrooms located on the lower level Property features: * Central HVAC * Permanent 6’ x 8’ shed * Fruit trees * Front and rear yards * Two drive driveways Investment potential: Attractive opportunity for an owner-user, investor, or developer seeking to renovate, expand, add rental units, or explore long-term development potential Development considerations: Lot split eligibility, allowable density, number of units, setbacks, parking requirements, ADU potential, and other development opportunities are subject to applicable City regulations. Transit Priority Area (TPA): Property is located within a City of San Diego TPA, which may provide opportunities for: * Increased residential density * Reduced parking requirements * Accessory dwelling units (ADUs) * Other transit-oriented development benefits Potential lot split: Oversized lot may offer the opportunity for a residential lot split, subject to City of San Diego review and approval Not located within the MHPA: The property is not located within the City of San Diego Multi-Habitat Planning Area (MHPA), which may provide greater flexibility for future development * Buyer due diligence: Buyer and Buyer’s Agent to independently verify square footage, bedroom count, permits, title, zoning, development potential, and all property information. Opportunity to acquire a single-family residence with significant value-add and development potential on an approximately 13,672 SF lot in San Diego. The existing home offers approximately 1,700 SF with 3 bedrooms and 2 bathrooms, plus 2 additional bedrooms located on the lower level. The property is located within a City of San Diego Transit Priority Area (TPA), which may provide opportunities for increased residential density, reduced parking requirements, accessory dwelling units (ADUs), and other transit-oriented development benefits, subject to applicable City of San Diego regulations and development standards. The oversized lot may also offer potential for a residential lot split. Lot split eligibility, allowable density, number of units, setbacks, parking requirements, ADU potential, and all other development possibilities are subject to City review and approval. The property is not located within the City of San Diego Multi-Habitat Planning Area (MHPA), which may provide greater flexibility for future development since the parcel is not subject to MHPA conservation restrictions. Buyer and Buyer’s Agent to independently verify square footage, bedroom count, permits, title, and all property information.

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