2101 Drescher St

San Diego, CA 92111
  • $1,190,000

    Price
  • 1,248

    SqFt
  • 0.22

    Acre

About the Listing 87371 - 815751

Rare Linda Vista duplex in a highly convenient location, offering remodeled, income-producing units today and exceptional development potential tomorrow. 2022: both 2BR/1BA units fully remodeled with updated kitchens and baths, new flooring, dual-pane windows, mini-split heating/AC (six heads total), instant electric water heaters and updated electrical. 2024: all plumbing retrofitted, including 4" ABS sewer lateral to the main. Paid-off solar grandfathered on SDG&E Net Energy Metering 2 with approx. 15+ years remaining, a valuable rate structure new solar no longer qualifies for, helping keep utility costs low. Sizable driveway for off-street parking, shared washer/dryer on site, and notable ocean views. Development upside: the approx. 9,514 sf lot is zoned RM-3-7 (base density approx. 9 units) and sits within the City's Sustainable Development Area, Transit Priority Area and Complete Communities Housing Solutions FAR Tier 4. Under the Housing Solutions program, qualifying projects that deed-restrict 40% of base units as affordable may build up to 4.0 FAR (roughly 38,000 sf of floor area), with height governed by FAR, no required parking near transit, and potential for 25+ units. Collect rent now, build later. All this, just a short stroll to the Linda Vista Plaza Shopping Center, nearly a mile to USD, minutes to Fashion Valley, Mission Valley and the I-8/163 corridors, and steps to the bus line. Buyer to verify zoning, density and development potential with the City of San Diego. Renderings are conceptual and not approved plans.

Listing Highlights for 2101 Drescher St

Status Active
Days on Site 14
Property Type Multi-Family
MLS ® PTP2607928
Year Built 1942
Total Square Footage 1,248
Lot/Acreage 0.22

Interior Details

  • Appliances:
  • Air Cond: Ductless
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: Back Yard,Corner Lot,Near Public Transit,Value In Land,Walkstreet,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: R-2:MINOR MULTIPLE
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 4314102400
  • Tax Year: N/A

Payment Calculator

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Listing Location

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2101 Drescher St San Diego, CA 92111

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Originating MLS: CRMLS

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