San Diego, CA 92110,5556 Riley ST
San Diego, CA 92110,5556 Riley ST
San Diego, CA 92110,5556 Riley ST
San Diego, CA 92110,5556 Riley ST
San Diego, CA 92110,5556 Riley ST
San Diego, CA 92110,5556 Riley ST
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$800,000

$945,000

15.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

1 Bath

1,075 SqFt


SOLD DATE : 03/30/2023

Key Details

Sold Price $800,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,075 sqft

Price per Sqft $744

Subdivision Old Town

MLS Listing ID OC23014269

Sold Date 03/30/23

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1955

Lot Size 4,634 Sqft

Lot Dimensions Public Records

Property Description

A great residential or development opportunity:
This single-family home could be owner-occupied, and zoning allows for conversion of the detached garage (with alley access) into an ADU. There are double gates for RV access from the alley.

This property is also uniquely suited for multi-family development. The property is zoned RM-3-7 Multiple Residential and is located within the Complete Communities (FAR Tier 4.0) and Linda Vista Community Plans. It has close proximity to USD and the Morena Trolley Station.

The home could be an interim income property while development plans/financing/etc. are finalized, and the two-car garage could be converted to an ADU for additional income.

POWER PRODUCTION: There are solar panels on the roof of the house under a Power Purchase Agreement. Buyer has the option to sign a transfer agreement and assume all rights and obligations of the Power Purchase Agreement. As of 1/30/23, a request is in process for the solar company to remove the system prior to close of escrow.

Location

State CA

County San Diego

Area 92110 - Old Town Sd

Zoning RM-3-7 Multiple Residenti

Rooms

Main Level Bedrooms 3

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Tile Counters, All Bedrooms Down, Utility Room

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator

Laundry Laundry Room

Exterior

Garage Garage Faces Rear, RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool None

Community Features Curbs

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Asphalt

Porch None

Parking Type Garage Faces Rear, RV Access/Parking

Attached Garage No

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Faces South

Story One

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District San Diego Unified

Others

Senior Community No

Tax ID 4365521100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Thomas Jansen • Riviera Coast Properties
Bought with Gareth Tomlinson • Keller Williams Realty
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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