Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego’s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego’s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego’s goals for walkable, transit-friendly neighborhoods. This is more than just a property—it's an investment in San Diego’s future.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
10/30/2024
|
|
TRACT
|
University Heights
|
YEAR BUILT
|
2015
|
|
COMMUNITY
|
Normal Heights
|
COUNTY
|
San Diego
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
| AIR |
None |
| AREA |
Normal Heights |
| CONSTRUCTION |
Other |
| GARAGE |
Carport, Concrete, Driveway, Garage, Other, Tandem, Yes |
| HEAT |
None, See Remarks |
| INTERIOR |
See Remarks |
| LOT |
3070 sq ft |
| PARKING |
Concrete,Carport,Driveway,Garage,Other,Tandem |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| SUBDIVISION |
University Heights |
| WATER |
Public |
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Listed with eXp Realty of Southern California, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 10/30/24 6:20 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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