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425 Bancroft St San Diego, CA 92102
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Key Details
Sold Price $818,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,839 sqft
Price per Sqft $444
Subdivision San Diego
MLS Listing ID 240014659SD
Bedrooms 5
Full Baths 2
Half Baths 1
Year Built 1970
Property Description
Lots of potential with this corner lot home that sits on two parcels with 2 APN#'s that total 9,410 Sqft. $25K spent on fresh paint on all doors, ceilings ,and walls inside. New exterior paint as well with new landscaping done in the front. Minor cosmetic needed in the kitchen, bathrooms and flooring. There is a whole 1/2 city block to park cars or build units . On the L side of the house there is a private driveway with a gate to park 1 car on as well. The Zone is RM-1-1, you can easily add a duplex utilizing the ADU regulation off J Street. You also have the ability to add a 4th unit, but it would need to be constructed over the existing home. If you constructed an ADU over the existing house and a detached duplex along J Street this would provide a total of 4 rentable units, however, 1 of the new ADU's within the detached duplex would need to be an Affordable ADU for 15-years. If you left the existing home alone and only added an ADU duplex along J Street all 3 units would be market rate units.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning RM1-1
Interior
Heating Electric, Forced Air
Cooling None
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Fence Fair Condition, Wood
Pool None
View Y/N No
Roof Type Composition
Building
Story 1
Water Public
New Construction No
Others
Acceptable Financing Cash, Conventional, Cal Vet Loan, Submit
Listing Terms Cash, Conventional, Cal Vet Loan, Submit
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Bought with Out of Area Out of Area • Out of Area