3057 Walton Pl

San Diego, CA 92116

$695,000

List Price

3

bed Beds

1

shower Baths

809 sqft

straighten / sqft

2015

calendar_month Built

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.

Listing Information

List Price $695,000
Status Active
MLS 240025661SD
Type Residential
Subtype Single Family Residence
Year Built 2015
Lot Size 3,070
Structure Size 809
Courtesy Of eXp Realty of Southern California, Inc.
Listing Agent Aaron Abrams DRE#02074758

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, Gas Dryer Hookup, Inside
Total Bedroom
Bedrooms 3
Total Bathroom
Bathrooms 1
Additional Information
Additional Features See Remarks
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Aaron Abrams, eXp Realty of Southern California, Inc. 619-853-3529. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 8:28 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.