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5556 Riley Street

San Diego, CA 92110
  • $800,000
  • STATUS: SOLD
  • ON SITE: 117 Days
  • ID#: OC23014269
Sold - 03/30/2023
$800,000
SOLD - 03/30/2023
  • 3
    BEDS
  • 0.11
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,075
    SQFT
  • $744
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1955
County:

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. 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.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/136564612
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5556 Riley Street San Diego, CA 92110

  • Price: $945,000
  • Status: SOLD
  • On Site: 117 Days
  • Updated: 79 min ago
  • ID#: OC23014269
3
Beds
1
Baths
0
½ Baths
0.11
Acres
1,075
SQFT
$744
$/SQFT
1955
Built
Neighborhood:
Linda Vista
County:
San Diego
Area:
Old Town Sd (92110)
Elementary School:
San Diego Unified School District
Middle School:
San Diego Unified School District
High School:
San Diego Unified School District
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. 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.
Exterior Features

Exterior StuccoFrame Fencing Wood Lot Dimensions Approx 46Ft X 101Ft Lot Size 4000-7499 SF Parking For RV On-Site Parking Parking Spaces Total 2 Patio N/K Pool N/K Residential Styles Detached Residential Unit Location No Common Walls Roof Asphalt Site Curbs Spa N/K View N/K

Interior Features

Bath Totals 1 Bedrooms Total 3 Cooling N/K Equipment Available RefrigeratorGas Range Fireplace N/K Heat Equipment Wall/Gravity Interior Features Tile Counters Laundry Location Laundry Room Searchable Rooms Utility RoomKitchenLiving RoomAll Bedrooms Down Stories 1 Story

Property Features

Assessments N/K Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Community Old Town Home Owners Fees 0.0 Sales Restrictions Standard Sewer Septic Public Sewer Terms CashConventional Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Public Zoning Rm-3-7 Mul

San Diego MLS logo Listing provided courtesy of Thomas Jansen of Riviera Coast Properties: 480-820-5800. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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