3057 Walton Pl Pending Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92116
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 809 sqft
Price per Sqft $859
Subdivision University Heights
MLS Listing ID 240025661SD
Bedrooms 3
Full Baths 1
Year Built 2015
Lot Size 3,070 Sqft
Property Description
Discover a rare development opportunity at 3057 Walton Place in the vibrant University Heights/North Park neighborhood! Zoned RM-3-9, this property is primed for high-density residential redevelopment in a Sustainable Transit Priority Area (TPA) under San Diego?s Infill Programs. This designation not only reduces parking requirements but also offers incentives for projects close to transit, making it ideal for eco-conscious urban development. LOT size: 3,072sft Approved for up to 9 units, this property qualifies for San Diego?s Density Bonus Program, offering additional unit allowances and affordability incentives. With a mix of market-rate and affordable units, you can create a community-oriented property that aligns with city housing initiatives while maximizing potential income. Development options include a balanced 7-unit layout or an optimized 9-unit configuration for enhanced space utilization and livability. Recent feasibility studies, geotechnical reports, and a cleared historic review make this site ready for streamlined permitting and fast-tracked approvals. Ideal for forward-thinking investors, this project combines urban living with sustainable design, contributing to San Diego?s goals for walkable, transit-friendly neighborhoods. This is more than just a property?it's an investment in San Diego?s future.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Interior
Heating None,See Remarks
Cooling None
Laundry Electric Dryer Hookup,Gas Dryer Hookup,Inside
Exterior
Parking Features Concrete,Carport,Driveway,Garage,Other,Tandem
Fence Chain Link
Pool None
View Y/N No
Roof Type Wood
Building
Story 1
Water Public
New Construction No
Others
Acceptable Financing Cash,Submit
Listing Terms Cash,Submit