San Diego, CA 92110,5556 Riley Street
San Diego, CA 92110,5556 Riley Street
San Diego, CA 92110,5556 Riley Street
San Diego, CA 92110,5556 Riley Street
San Diego, CA 92110,5556 Riley Street
San Diego, CA 92110,5556 Riley Street
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$800,000

$945,000

15.3%
Est.Price: ?

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Est. payment /mo

3 Beds

1 Bath

1,075 SqFt


SOLD DATE : 03/30/2023

Key Details

Sold Price $800,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,075 sqft

Price per Sqft $744

Subdivision Old Town

MLS Listing ID OC23014269

Sold Date 03/30/23

Style Detached

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1955

Lot Size 4,633 Sqft

Acres 0.1064

Lot Dimensions 46ft x 101ft

Property Description

A great residential or development opportunity: This single-family home could be owner-occupied, and zoning allows for conversion of the detached garage (with alley access) into an ADU. There are double gates for RV access from the alley. This property is also uniquely suited for multi-family development. The property is zoned RM-3-7 Multiple Residential and is located within the Complete Communities (FAR Tier 4.0) and Linda Vista Community Plans. It has close proximity to USD and the Morena Trolley Station. The home could be an interim income property while development plans/financing/etc. are finalized, and the two-car garage could be converted to an ADU for additional income. POWER PRODUCTION: There are solar panels on the roof of the house under a Power Purchase Agreement. Buyer has the option to sign a transfer agreement and assume all rights and obligations of the Power Purchase Agreement. As of 1/30/23, a request is in process for the solar company to remove the system prior to close of escrow.
A great residential or development opportunity: This single-family home could be owner-occupied, and zoning allows for conversion of the detached garage (with alley access) into an ADU. There are double gates for RV access from the alley. This property is also uniquely suited for multi-family development. The property is zoned RM-3-7 Multiple Residential and is located within the Complete Communities (FAR Tier 4.0) and Linda Vista Community Plans. It has close proximity to USD and the Morena Trolley Station. The home could be an interim income property while development plans/financing/etc. are finalized, and the two-car garage could be converted to an ADU for additional income. POWER PRODUCTION: There are solar panels on the roof of the house under a Power Purchase Agreement. Buyer has the option to sign a transfer agreement and assume all rights and obligations of the Power Purchase Agreement. As of 1/30/23, a request is in process for the solar company to remove the system prior to close of escrow.

Location

State CA

County San Diego

Community Old Town

Area Old Town Sd (92110)

Zoning RM-3-7 Mul

Interior

Interior Features Tile Counters

Equipment Refrigerator, Gas Range

Appliance Refrigerator, Gas Range

Laundry Laundry Room

Exterior

Exterior Feature Stucco, Frame

Garage Spaces 2.0

Fence Wood

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Asphalt

Total Parking Spaces 2

Building

Lot Description Curbs

Lot Size Range 4000-7499 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Schools

Elementary Schools San Diego Unified School District

Middle Schools San Diego Unified School District

High Schools San Diego Unified School District

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Thomas Jansen • Riviera Coast Properties
Bought with Gareth GP Tomlinson • Keller Williams Realty
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