3738 Beta St

San Diego, CA 92113

$789,900

List Price

3

bed Beds

2

shower Baths

1,073 sqft

straighten / sqft

1952

calendar_month Built

Property Description

Amazing development opportunity just weeks away from being shovel-ready, or perfect for a homeowner looking for rental-income and generational wealth. The existing 3-bedroom, 2-bathroom single-family residence is fully remodeled and offers 1073 square feet of modern living space, with a large primary suite featuring an ensuite bathroom. Situated on a generous lot and backed by Southcrest Community Park, this property includes a fenced-in front and back yard and a 1-car garage. Located in an Opportunity Zone with RM-1-1 zoning, it’s perfect for development. The lot is also located in a Sustainable Development Area ("SDA Zone"). This property is just 1-2 months away from full permit issuance to build 4 additional units (each 726 sqft, 2 bedrooms, 2 bathrooms) on the back half of the lot with convenient alley access, with 5 parking spots. All planning and design fees up to this point have already been paid. Projected rents of $15,000+/month after completion make this a highly attractive investment. Don’t miss out on this exceptional development opportunity in the heart of Southcrest.

Listing Information

List Price $789,900
Status Active
MLS 240022421SD
Type Residential
Subtype Single Family Residence
Year Built 1952
Lot Size 7,163
Structure Size 1,073
Courtesy Of eXp Realty of California, Inc.
Listing Agent Nichole Quiroz DRE#01955611

Interior Features

Laundry Information
Location(s) See Remarks
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 2
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Nichole Quiroz, eXp Realty of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 20th, 2024 at 9:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.