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$1,300,000
Est. payment /mo
5,140 Sqft Lot
UPDATED:
12/05/2024 05:07 AM
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 240024131SD
HOA Y/N No
Lot Size 5,140 Sqft
Property Description
Located in the highly desirable Morena / USD neighborhood, 1330 Goshen Street offers a prime and lucrative investment opportunity. This 5,140 SF corner lot features a two-bedroom, one-bathroom single-family home, with the potential for scenic southern and western views. Zoned RM-3-7 with a CCHS Tier 4 zoning overlay, the property allows for substantial development with a 4.0x Floor Area Ratio (FAR), making it ideal for multi-family or potential commercial projects. The lot’s generous dimensions (approximately 50’ x 100’) provide flexibility for various development configurations. A Walk Score of 62 highlights its proximity to local amenities, while public transportation is conveniently within walking distance, including a nearby trolley station. With a Transit Score of 43, the property offers moderate accessibility to public transit options. The Morena neighborhood is undergoing significant growth, fueled by rising demand for residential and commercial spaces. The Morena Corridor Specific Plan encourages high-density residential and mixed-use developments, transforming the area into a vibrant, well-connected community. The extension of the Mid-Coast Trolley line, linking Morena to key destinations such as downtown San Diego and UCSD, has further enhanced the neighborhood’s appeal for investors and future residents. With property values on the rise, this is a prime opportunity for early investment in a rapidly revitalizing area.
Location
State CA
County San Diego
Area 92110 - Old Town Sd
Interior
Fireplace No
Exterior
Utilities Available See Remarks
View Y/N No
Building
Lot Description Level
Others
Senior Community No
Tax ID 4364020500
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
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Listed by Aaron Bove • Marcus & Millichap