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5556 Riley ST San Diego, CA 92110
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Key Details
Sold Price $800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,075 sqft
Price per Sqft $744
Subdivision Old Town
MLS Listing ID OC23014269
Bedrooms 3
Full Baths 1
Year Built 1955
Lot Size 4,634 Sqft
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.
Location
State CA
County San Diego
Area 92110 - Old Town Sd
Zoning RM-3-7 Multiple Residenti
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Laundry Laundry Room
Exterior
Parking Features Garage Faces Rear, RV Access/Parking
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool None
Community Features Curbs
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
View None
Roof Type Asphalt
Building
Lot Description 0-1 Unit/Acre
Story One
Sewer Public Sewer
Water Public
New Construction No
Schools
School District San Diego Unified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with Gareth Tomlinson • Keller Williams Realty
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