San Diego, CA 92114,5305 07 Santa Margarita ST
San Diego, CA 92114,5305 07 Santa Margarita ST
San Diego, CA 92114,5305 07 Santa Margarita ST
50
$907,500
$999,999
9.2%
Est.Price: ?

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1.05 Acres Lot

5305 07 Santa Margarita ST San Diego, CA 92114

Est. payment /mo
SOLD DATE : 05/16/2025

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Key Details

Sold Price $907,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PTP2502578

Year Built 1959

Lot Size 1.050 Acres

Property Description

Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this don't come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don't let this one slip away—your dream starts here!

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning R-2

Interior

Laundry See Remarks

Exterior

Pool None

Community Features Mountainous

View Y/N No

Building

Lot Description Lot Over 40000 Sqft, Value In Land, Yard

Story 1

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Trust

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California Regional MLS (CRMLS)
Listed by Lani Sylvas • Coldwell Banker West • Lani@sandiego-lifestyle.com
Bought with Lani Sylvas • Coldwell Banker West

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agent

Catrina Russell

Agent | License ID: 01229742

+1(619) 226-2897

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