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5556 Riley Street San Diego, CA 92110
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Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,075 sqft
Price per Sqft $744
Subdivision Old Town
MLS Listing ID OC23014269
Sold Date 03/30/23
Style Detached
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1955
Lot Size 4,633 Sqft
Acres 0.1064
Lot Dimensions 46ft x 101ft
Property Description
A great residential or development opportunity: This single-family home could be owner-occupied, and zoning allows for conversion of the detached garage (with alley access) into an ADU. There are double gates for RV access from the alley. This property is also uniquely suited for multi-family development. The property is zoned RM-3-7 Multiple Residential and is located within the Complete Communities (FAR Tier 4.0) and Linda Vista Community Plans. It has close proximity to USD and the Morena Trolley Station. The home could be an interim income property while development plans/financing/etc. are finalized, and the two-car garage could be converted to an ADU for additional income. POWER PRODUCTION: There are solar panels on the roof of the house under a Power Purchase Agreement. Buyer has the option to sign a transfer agreement and assume all rights and obligations of the Power Purchase Agreement. As of 1/30/23, a request is in process for the solar company to remove the system prior to close of escrow.
A great residential or development opportunity: This single-family home could be owner-occupied, and zoning allows for conversion of the detached garage (with alley access) into an ADU. There are double gates for RV access from the alley. This property is also uniquely suited for multi-family development. The property is zoned RM-3-7 Multiple Residential and is located within the Complete Communities (FAR Tier 4.0) and Linda Vista Community Plans. It has close proximity to USD and the Morena Trolley Station. The home could be an interim income property while development plans/financing/etc. are finalized, and the two-car garage could be converted to an ADU for additional income. POWER PRODUCTION: There are solar panels on the roof of the house under a Power Purchase Agreement. Buyer has the option to sign a transfer agreement and assume all rights and obligations of the Power Purchase Agreement. As of 1/30/23, a request is in process for the solar company to remove the system prior to close of escrow.
Location
State CA
County San Diego
Community Old Town
Area Old Town Sd (92110)
Zoning RM-3-7 Mul
Interior
Interior Features Tile Counters
Equipment Refrigerator, Gas Range
Appliance Refrigerator, Gas Range
Laundry Laundry Room
Exterior
Exterior Feature Stucco, Frame
Garage Spaces 2.0
Fence Wood
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Roof Type Asphalt
Total Parking Spaces 2
Building
Lot Description Curbs
Lot Size Range 4000-7499 SF
Sewer Public Sewer
Water Public
Level or Stories 1 Story
Schools
Elementary Schools San Diego Unified School District
Middle Schools San Diego Unified School District
High Schools San Diego Unified School District
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Gareth GP Tomlinson • Keller Williams Realty