2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
2581 Commercial St
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$815,000

2581 Commercial St

4 Beds 1 Bath 1,450 Sq.Ft.

Description

Opportunity knocks with this Logan Heights home! Situated on a 4500-sf CN-1-4 mixed-use zoned lot, a Buyer has multiple options for adding value. Home features 4 bedrooms, 1 bath, a bonus room, laundry room and detached single car garage. Currently tenant occupied on a month to month basis. Property has been confirmed to have NO historical significance, has received FAA Obstruction Clearance to 100' (more possible), and has two preliminary reviews from the City of San Diego confirming extent of mixed use development opportunities which may be achieved with over-the-counter, by-right permits (i.e., no discretionary hearings or approvals. 3 options: 1) develop 10 micro units plus 7200-sf of commercial which could be used as visitor accommodation units (airbnb) or other commercial (professional office and retail) uses; 2) construct up to 29,250-sf of residential units, plus 4,500-sf of commercial, to be used as commercial space (no visitor accommodations); or 3) retain current home and convert current detached garage to ADU plus add additional ADUs to lot for added rental income. If building up, views of the Coronado Bridge AND downtown San Diego are possible. Sits right on a trolley stop, so no parking required under many development scenarios. In short, multiple options for every Buyer category!

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Location

2581 Commercial St, Logan Heights, CA 92113

Status

Sold
Daniel Fefferman

Daniel Fefferman

TITLE

Founder | Broker

Property Amenities

Interior
Laundry room Laundry Room, Gas Electric Dryer HU
Appliances Dishwasher, Range/Oven, Refrigerator
Total Bedrooms: 4
Full Bathrooms: 1
Area & Lot
Lot Area 4,356 Sq.Ft.
Living area 1,450 Sq.Ft.
MLS® ID 220008395
Year Built 1919
Type Residential
Status Sold
Exterior
Stories 1
Pool None
Air conditioning None
Heat type Natural Gas, Forced Air
Water Source Public
Garage Space 1.0
Sewer Public Sewer
Parking Garage(Detached), Non-Garage(Driveway - Concrete)
Roof Rolled/Hot Mop
Finance
Sales Price $815,000

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