Sold
2621-258 Dove St.
Mission Hills CA, 92103
$1,792,500
Sold
6 Beds
3 Baths
Multi-family
Built in 1958
Property could be upgraded via ADU or could be scrapped and developed completely. Complete Community Development opportunity in Mission Hills to potentially build 70 units. Today there are three two-bedroom units and four garages on an 8,756 SF lot. The extended family owns the property and all units are family occupied. Family will vacate by close of escrow or would be willing to stay and pay market rents. San Diego's premier urban economists London Moeder have analyzed the site for development potential. FAR might allow as many as 70 units. They suggest that 21 units would be practical. Their moderate analysis is based only on one story parking and three stories of wood frame, 21 units over 11 parking spaces. The residual land value is estimated at $3,100,000. WE STRONGLY ENCOURAGE ALL AGENTS TO DOWNLOAD & READ the attached Development OM for the London Moeder analysis report BEFORE CALLING.
220019264
MLSⓇ ID
July 25, 2022
Listed
February 10, 2024
Updated
Map
2621-258 Dove St.
Mission Hills CA, 92103
Interior Features
Total Stories
2
Bedrooms
6 Beds
Bathrooms
3 Baths
Appliances
Range/Oven, Refrigerator
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Roof
Composition
Other Property Details
Area Name
Metro Uptown
Days on Market
23
Garage
Yes
Garage Spaces
4
Parking
Garage
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2%
Listed by Apartment Consultants, Inc., Terry Moore,
Listing Contact: 619-889-1031
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Data last updated 2:06 AM UTC, 2/10/2024