39-45 17th St, Downtown, CA 92101

$975,000
3
BD
3
BA
31,727
SqFt
Sold Price
$975,000
List Price
$995,000
Closing Date
Oct 31, 2019
Days on Market
116
Status
SOLD
MLS#
190033541
Bedrooms
3
Bathrooms
3
Living Sq. Ft
31,727
Lot Size(Range)
1-3,999 SF
City
Downtown
Neighborhood
East Village
Complex/Building Name
N/A
Property Type
Multifamily
Year Built
1930

Property Description

This is a rare opportunity to purchase one of the few remaining developable lots near Downtown San Diego. The site is located just blocks from Petco Park, the Historic Gaslamp District and the booming East Village community. The 3,735 SF lot is zoned CCPD-MC, mixed use commercial. The site has the potential for significant density with a minimum FAR of 2.0, up to 6.0 with bonuses and an allowable height upwards of 80 feet. Existing triplex provides income while navigating the entitlement process.

Additional Information

Building Name
N/A
Cooling
N/K
Financing
Cash
Frontage
Other/Remarks
Gross Rent Multiplier Actual
22
Gross Rent Multiplier Project
18
Gross Scheduled Income Actual
44340
Heat Equipment
Other/Remarks
Heat Source
Other/Remarks
Living Area
31,727
Lot Size Range
1-3,999 SF
Neighborhood
East Village
Roof
Composition
Stories
2 Story
Style
Res Income 2-4 Units
Tenant Pays
Cable TV, Electricity, Gas/Propane
View
City
Year Built
1930

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of South Coast Commercial, Inc.

Selling Office: OUT OF AREA.

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