5305 07 Santa Margarita Street San Diego, CA 92114
Listing Courtesy of: CRMLS / Coldwell Banker West / Lani Sylvas - Contact:  Lani@sandiego-lifestyle.com

  5305 07 Santa Margarita Street San Diego, CA 92114

Active (8 Days)
$999,999

Description

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 #:
PTP2502578
Lot Size
1.05 acres
Type
Multifamily
Year Built
1959
County
San Diego County

Listed By

Lani Sylvas, Coldwell Banker West, Contact: Lani@sandiego-lifestyle.com
Source
CRMLS
Last checked Apr 19 2025 at 5:13 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: See Remarks
Lot Information
  • Lot Over 40000 Sqft
  • Value In Land
  • Yard
Utility Information
  • Sewer: Public Sewer
Additional Information: West | Lani@sandiego-lifestyle.com
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.