Price Reduced Listing3378 N Mountain View Dr,San Diego, CA 92116
San Diego, CA 92116
Description
Unlock a high-potential investment opportunity in one of San Diego's most popular, high-demand neighborhoods. Sitting on a flat 8,200+ sqft lot, this property features a functional 2-bed 1-bath home that is ready to rent out immediately, providing steady income while you prepare for construction. The true highlight is the shovel-ready advantage: fully approved, Ready-To-Issue (RTI) plans are already in hand to build 9 high-density units, a smart blend of standard residences and ADUs designed for maximum layout efficiency. By skipping months of permit delays, city red tape, and holding costs, you can jump straight into construction on day one. Located in a vibrant, walkable area close to popular dining and easy freeway access, this lot is perfectly positioned for strong rental demand and maximum return on investment. Rent the existing home for immediate cash flow, or pull permits to break ground and scale your unit count right away! Fully approved, Ready-To-Issue (RTI) architectural plans are in hand to transform this 8,282 sq ft lot into a high-density 10-unit residential community. Utilizing San Diego's Affordable ADU Bonus program, the plans preserve the existing single-family front home while adding 9 modern ADUs to the rear. The new construction features efficient 1-bed 1-bath layouts, with four ground-level units (420-436 sq ft) with private patios, four upper-level units (400 sq ft) with private balconies, and an additional unit positioned above a tandem parking carport. Complete architectural plan sets, site layouts, rendering elevations, and city approval documentation are available upon request.
Details
| MLS # | 260020935SD |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 26 |
| Listing Provided By | Compass | Chad Dannecker |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,056 |
| Garage | 2 |
| Story(s) | 1 |
| Zoning | R-1:SINGLE |
| Acreage | 0.19 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Fireplaces, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Interior Features | Ceiling Fans, Granite Counters, Recessed Lighting, Unfurnished, All Bedrooms Down, Bedroom On Main Level, Main Level Primary |
| Appliances | Dishwasher, Free Standing Range, Gas Cooking, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Flat |
|---|---|
| Security Features | Carbon Monoxide Detectors, Smoke Detectors, Security Lights |
| Construction Materials | Stucco |
| Fencing | Privacy, Wood |
Parking
| Parking Features | Concrete, Door Single, Driveway, Garage Faces Front, Garage, Garage Door Opener, On Site, Off Street, Private, Uncovered |
|---|---|
| Garage Yes / No | Yes |
Utilities
| Utilities | Cable Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected |
|---|
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92116 |
| Area | 92116 Normal Heights |
| Community Name | Normal Heights |
| Listing VS Median (in Normal Heights) | |
Price: $1,739,900 low | high Med: $639,900 sqft: 1,056 low | high Med: 894 $ / sqft: $1,648 low | high Med: $716 On site: 26 low | high Med: 53 | |
Market Activity 92116
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92116 |
| Area | 92116 Normal Heights |
| Community Name | Normal Heights |
| Listing VS Median (in Normal Heights) | |
Price: $1,739,900 low | high Med: $639,900 sqft: 1,056 low | high Med: 894 $ / sqft: $1,648 low | high Med: $716 On site: 26 low | high Med: 53 | |
