5023 63rd

San Diego, CA 92115

About this property

Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.

About this property

Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,300,000 Active
0 Bed(s)
0
Baths
0 sqft

Presented By Desert Lifestyle Properties

Agent Image
Get in touch today! Phone: 1-760-818-7518
Brokerage
Colliers International SD, Inc
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

92115 San Diego | San Diego County | San Diego

$ 2,300,000
This listing is play_arrow 230.9% higher than the average in the area
$ 695,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
49 days on site
This listing is play_arrow 41.7% below the average in the area
84 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Aaron Bove
Brokerage: Colliers International SD, Inc

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Desert Lifestyle Properties

By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains