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454 17th Street

San Diego, CA 92101
  • $1,295,000
  • STATUS: ACTIVE
  • ON SITE: 37 Days
  • ID#: 220017837
$1,295,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,224
    SQFT
  • $1,058
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1900
County:

School Ratings & Info

Description

454 17th Street is a a rare opportunity to own a fully reconstructed rental home in the bustling East Village neighborhood of Downtown, San Diego, California. The home went through major reconstruction in 2000 from a duplex to a fully restored 3-bedroom / 2-bath single home. A new buyer might primarily keep, continue renting out or live in the existing home. As a second option the assessors records still recognize two units today for anyone seeking to easily return the home to 2 separate units. For a third option, a new buyer might immediately develop or hold for future development with downtown’s changing legislation. With a 5,010 square foot lot, the property is zoned CCPD-R, rests within a Transit Priority Area (TPA) with no parking requirements, as well as an opportunity zone with a maximum FAR of 8. Tenants pay for all utilities. Interiors feature refurbished hardwood flooring, original built-ins, refurbished moldings, brand new washer/dryer and stove, original hardwood cabinetry and tile countertops. The East Village neighborhood of Downtown, San Diego is the most gentrifying area of Downtown with more than 700 local business and close to 2,400 residential units currently under construction. Just 3 blocks to Freeways I-5 and Highway 163, tenants enjoy easy transportation and one of the last pockets of the neighborhood heavily built-out. In the heart of Downtown, the property is a short walk to numerous bars, restaurants and famous Petco Park stadium. Some of the key employers include: Solar Turbines, City of San Diego, General Dynamics and Bank of America. San Diego is aggressively promoting ”Auxilary Dwelling Units (ADU’s), which provides an opportunity for an investor to add units to the parcel. Demand for housing in Downtown San Diego is driven by a growing base of tech startups and professional and business service companies. East Village is currently undergoing a renaissance and becoming one of San Diego’s most fashionable neighborhoods.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.realestaterubino.com/homes/130786822
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454 17th Street San Diego, CA 92101

  • Price: $1,295,000
  • Status: ACTIVE
  • On Site: 37 Days
  • ID#: 220017837
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,224
SQFT
$1,058
$/SQFT
1900
Built
Neighborhood:
Downtown
County:
San Diego
Area:
San Diego Downtown (92101)
Property Description
454 17th Street is a a rare opportunity to own a fully reconstructed rental home in the bustling East Village neighborhood of Downtown, San Diego, California. The home went through major reconstruction in 2000 from a duplex to a fully restored 3-bedroom / 2-bath single home. A new buyer might primarily keep, continue renting out or live in the existing home. As a second option the assessors records still recognize two units today for anyone seeking to easily return the home to 2 separate units. For a third option, a new buyer might immediately develop or hold for future development with downtown’s changing legislation. With a 5,010 square foot lot, the property is zoned CCPD-R, rests within a Transit Priority Area (TPA) with no parking requirements, as well as an opportunity zone with a maximum FAR of 8. Tenants pay for all utilities. Interiors feature refurbished hardwood flooring, original built-ins, refurbished moldings, brand new washer/dryer and stove, original hardwood cabinetry and tile countertops. The East Village neighborhood of Downtown, San Diego is the most gentrifying area of Downtown with more than 700 local business and close to 2,400 residential units currently under construction. Just 3 blocks to Freeways I-5 and Highway 163, tenants enjoy easy transportation and one of the last pockets of the neighborhood heavily built-out. In the heart of Downtown, the property is a short walk to numerous bars, restaurants and famous Petco Park stadium. Some of the key employers include: Solar Turbines, City of San Diego, General Dynamics and Bank of America. San Diego is aggressively promoting ”Auxilary Dwelling Units (ADU’s), which provides an opportunity for an investor to add units to the parcel. Demand for housing in Downtown San Diego is driven by a growing base of tech startups and professional and business service companies. East Village is currently undergoing a renaissance and becoming one of San Diego’s most fashionable neighborhoods.
Exterior Features

Exterior Wood Fencing Gate Lot Size 4000-7499 SF Parking Garage Description None Known Parking Non Garage Description Tandem Parking Non Garage Spaces 2 Parking Spaces Total 2 Pool N/K Residential Styles Detached Roof Composition Topography Level

Interior Features

Bath Totals 2 Bedroom2 Dimensions 7X10 Bedroom3 Dimensions 8X12 Bedrooms Total 3 Cooling N/K Dining Room Dimensions 15X16 Equipment Available DishwasherDisposalDryerRefrigeratorWasherGas Cooking Family Room Dimensions 14X16 Heat Equipment Forced Air Unit Heat Source Electric Kitchen Dimensions 12X16 Laundry Location Closet Full Sized Laundry Utilities None Known Living Room Dimensions 12X16 Master Bedroom Dimensions 9X12 Optional Bedrooms 0 Searchable Rooms N/K Stories 1 Story

Property Features

Age Restrictions N/K Association ID San Diego Association Of Realtors (Sdar) Cfd Mello Roos Fee 0.0 Cross Streets 17th And island Ave Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Ownership Fee Simple Property Restrictions Known None Known Residential Sub Category Detached Sales Restrictions N/K Sewer Septic Sewer Connected Short Sale No Terms Conventional Water Meter On Property Zoning Ccpd-R

San Diego MLS logo Listing provided courtesy of Marcus & Millichap: 858-373-3100. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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San Diego CA, 92130