Property Details
About this Property
Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this don’t come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Don’t let this one slip away—your dream starts here!
MLS Listing Information
MLS #
CRPTP2502578
MLS Source
California Regional MLS
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
5305 07 Santa Margarita St is a Duplex in San Diego, CA 92114. This – square foot property sits on a 45,738 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $907,500 and was built in 1959. This address can also be written as 5305 07 Santa Margarita St, San Diego, CA 92114.
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This listing information is up-to-date as of May 20, 2025. For the most current information, please contact Lani Sylvas, (619) 889-7119
