$1,095,000
About this home
Shovel-Ready Investment Opportunity! Plans, permits, and fees paid!! 7-UNITS total, plans allow for the construction of 6 new units, all ADUs in the form of 3 new duplexes behind the existing home. Home is a 2-bed/ 1 bath in the quiet neighborhood of Valencia Park. The plans for every unit in the duplexes are identical and include 3 bedrooms, 1.5 baths, and a one-car garage. Each unit is 1,176 sq. ft., and each garage is 185 sq. ft. 3 of the new ADUs will be affordable to moderate-income restricted units for 15 years. Long-term investment that allows for good rental income.
Facts & features
- Bedrooms
- 2
- Bathrooms
- 1 full, 0 half
- Living area
- 911 sq ft
- Interior features
- Walk In Closets
- Heating
- Electric, Natural Gas, None
- Cooling
- Electric, Gas
- Laundry
- Electric Dryer Hookup, Gas Dryer Hookup, Inside
- Levels
- One
- Lot size
- 0.471 acres (20,512 sq ft)
- Pool
- None
- Year built
- 1949
- Parking
- Driveway, Other
- Parking spaces
- 3
- Area
- 92114 - Encanto
- County
- San Diego
- Status
- Active
- Property type
- Single Family Residence
- Days on market
- 83
- Listed
- 2026-02-17
- Original price
- $1,200,000
- Terms
- Cash, Conventional, Exchange 1031, Va Loan
- Parcel #
- 5521903100
- MLS #
- 260003773SD