351 Milbrae St, San Diego, CA 92113
List Price: $600K
Listing Status: Pending
Original List Price: $649K
0Days on Market: 47
4 Bedrooms · 3 Bathrooms · 1,263 sq ft
Property Type: Residential
Year Built: 1911
Garage Spaces: 1
MLS Number: 260018440SD
About This Property
Fixer with development potential for 7 units! Short Sale, Lender approved at $600k, cannot entertain offers below $600k. Cash or Hard Money only. This value-add property includes City San Diego submitted plans to convert the existing single-family residence into 2 residential units, constructing 4 new detached ADUs, and completing 1 garage conversion ADU for a total of 7 units. Save months of planning and pre-development time with plans already prepared for a project designed for today's high-demand infill housing market. The property features valuable alley access; providing excellent functionality for construction, access, and future unit layout. Whether you're looking to build a long-term rental portfolio, create a high-performing income-producing asset, or capitalize on the strong demand for new housing, this project offers a rare opportunity to acquire a development that's ready for its next phase.
Listing provided by: Chantelle Brown DRE #02000118 310-497-9228 ChantelleBrownRealtor@gmail.com, Honeybee Realty
Source: CRMLS, MLS #: 260018440SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.