3057 Walton, Normal Heights, CA 92116

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Listing courtesy of Listing Agent: Alexio Barbara (barbara@bridgepointmultifamily.com) from Listing Office: Bridgepoint Realty Inc.

List Price
$995,000
Status
PENDING
Days on Market
149
MLS#
260007950SD
Subtype
Land
Lot Size
3,059
Acres
0.07
Subdivision
North Park
Neighborhood
North Park
MLS Area Major
San Diego Central

Property Description

This shovel ready development in the heart of North Park features 4 three-story townhomes, each offering 3 bedrooms and 2.5 bathrooms, 3rd story balconies with views, a total rentable square footage of 4,425 square feet. There is a promising profit margin for a smaller scale development in north park. The total estimated construction budget is $1,453,000, and ARV ranges from $3.1M to $3.3M offering a potential buyer profit between $497,000 and $687,000. Full construction plans, detailed proforma, budget breakdown, and 3D renderings are available. The total estimated construction budget is $1,453,000, and ARV ranges from $3.1M to $3.3M offering a potential buyer profit between $497,000 and $687,000. Full construction plans, detailed proforma, budget breakdown, and 3D renderings are available upon request.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.