Description
325-335 Mesa Avenue is a two-on-one multi-family dwelling built in 1948 that consists of one (1) four-bedroom/three-and a half bath single-family residence and one (1) studio/one-bath unit totaling approximately 2,692 rentable square feet. Both structures feature wood-frame, stucco exteriors and pitched roofs. Tenants enjoy abundant on-site parking. The property’s appeal however, lies on its development potential. It sits on a massive 48,351 square foot lot (1.11 acres) and zoned RM-1-1. Zoning is RM-1-1 allows for one (1) dwelling unit per 3,000SF. It is possible that up to 16 units can be developed on-site. It’s also situated on a hard corner, only a half mile away from the Beyer Blvd Trolley Station, walking distance to San Ysidro Middle School, and near San Ysidro High, Las Americas Outlets, churches, parks, financial institutions, dining and the San Ysidro Port of Entry. The offering is ideal for a seasoned developer willing to design their ideal community in an exceptional location. All while still cash-flowing almost $4K/month while working with the City of San Diego to approve plans and break ground on the project.
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4BEDS
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1.11ACRES
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4BATHS
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01/2 BATHS
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2,692SQFT
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$446$/SQFT
School Ratings & Info
Description
325-335 Mesa Avenue is a two-on-one multi-family dwelling built in 1948 that consists of one (1) four-bedroom/three-and a half bath single-family residence and one (1) studio/one-bath unit totaling approximately 2,692 rentable square feet. Both structures feature wood-frame, stucco exteriors and pitched roofs. Tenants enjoy abundant on-site parking. The property’s appeal however, lies on its development potential. It sits on a massive 48,351 square foot lot (1.11 acres) and zoned RM-1-1. Zoning is RM-1-1 allows for one (1) dwelling unit per 3,000SF. It is possible that up to 16 units can be developed on-site. It’s also situated on a hard corner, only a half mile away from the Beyer Blvd Trolley Station, walking distance to San Ysidro Middle School, and near San Ysidro High, Las Americas Outlets, churches, parks, financial institutions, dining and the San Ysidro Port of Entry. The offering is ideal for a seasoned developer willing to design their ideal community in an exceptional location. All while still cash-flowing almost $4K/month while working with the City of San Diego to approve plans and break ground on the project.