4130 32 Vista Grande DR, San Diego, CA 92115
4130 32 Vista Grande DR, San Diego, CA 92115
4130 32 Vista Grande DR, San Diego, CA 92115
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$995,000
Est. payment /mo
2 Beds
1 Bath
806 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 806 sqft

Price per Sqft $1,234

MLS Listing ID NDP2608807

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1951

Lot Size 7,701 Sqft

Property Sub-Type Single Family Residence

Property Description

Rare turnkey development opportunity featuring fully entitled and already issued permitted approvals. This 0.18-acre parcel in the desirable Rolando Park neighborhood contains an already fully renovated single-family residence with all necessary permits and fees paid for construction of seven new residential units (3,783 SF total) using the ADU bonus program. With permits already in hand, this opportunity drastically reduces entitlement risk and soft costs, allowing developers to move directly into vertical construction on day one. Finished plans call for seven units (6 new) comprising four 1-bedroom/1-bathroom apartments, two 2-bedroom/1-bathroom apartments, and one 2-bedroom/1-bathroom single-family home (existing), projecting $18,000 per month in gross income. Located in the prime Rolando Park neighborhood, the property offers a walkable setting with easy access to San Diego State University, quality retail, dining, and the I-94 corridor. This centrally located San Diego submarket continues to experience persistently high housing demand, positioning this project perfectly for immediate production and strong returns.

Location

State CA

County San Diego

Area 92115 - San Diego

Zoning RS-1-7

Interior

Interior Features Bedroom on Main Level

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry In Garage

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Private Pool No

Building

Lot Description Value In Land

Story 1

Entry Level One

Sewer Public Sewer

Level or Stories One

Schools

School District San Diego Unified

Others

Senior Community No

Tax ID 4732620900

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Freddie Mac, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Freddie Mac, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2608807


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Listed by TJ Kirchoff LPT Realty 619-990-8879, DRE #01983666

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4130 32 Vista Grande DR