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Key Details
Sold Price $750,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,173 sqft
Price per Sqft $639
Subdivision City Heights
MLS Listing ID 210030637
Sold Date 12/07/21
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1949
Lot Size 7,501 Sqft
Property Description
Calling all investors and developers! Welcome to 5373 Trojan Ave, a unique property with unlimited ADU and Complete Communities development potential. This charming 3BD/2BA single family home boasts a spacious 865 sq ft basement (bonus bathroom included) as well as an oversized detached garage with workshop area, with potential to convert both into 2 ADUs. Additionally, the spacious 7,500 sq ft multifamily-zoned (RM-1-3) lot is eligible for 2 additional ADUs and/or 4 traditional units. This home is ready for its new homeowner to give it a cosmetic facelift and has all major systems upgraded, including: owned solar, new roof, new HVAC, sewer pipe replaced, whole house fan, and more. Zoned for Complete Communities, developers can take advantage of the 6.5X multiple allowance on FAR for high-density development and the potential to build up to 48,000 sq ft. Don't miss out on this opportunity in this rapidly growing area before this exclusive incentive sunsets. Now let’s talk about the immense ADU potential. Looking to build more than 4 ADUs? Due to being in a Transit Priority Area, the ADU density bonus for affordable housing is UNLIMITED within this zone. Lastly, the deep, flat lot is perfect for a potential lot split for homeowners looking to take advantage of SB 9 beginning January 2022. Don’t let this unique opportunity slip away, come and see the many possibilities for yourself! Equipment: Dryer, Washer Sewer: Sewer Connected Topography: LL
Location
State CA
County San Diego
Area 92115 - San Diego
Interior
Interior Features Separate/Formal Dining Room, Wine Cellar
Heating Forced Air, Natural Gas
Cooling Whole House Fan
Fireplace No
Appliance Counter Top, Free-Standing Range, Gas Range, Refrigerator, Water Softener
Laundry Laundry Chute, Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks
Exterior
Garage Carport
Garage Spaces 1.0
Garage Description 1.0
Fence Partial
Pool None
Roof Type Asphalt
Parking Type Carport
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level Two
Architectural Style Cottage, Traditional
Level or Stories Two
Others
Senior Community No
Tax ID 4721820500
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
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Bought with David Zecha • David S. Zecha, Broker