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Brian Aarestad, Sales Associate
SOLD
$800,000
Date 03/30/2023

5556 Riley Street
San Diego, CA 92110

Single Family
Residence
3
Beds
1
Baths
1,075
Sqft
0.1064
Lot Size
Listing Agent: Thomas Jansen CalDRE: 01272096 - Riviera Coast Properties
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.
OC23014269
Single Family, 1 Story
3
San Diego
1 Full
1955
0.1064 Acres
Public
1
Frame,Stucco
Public Sewer
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Listing Agent: Thomas Jansen CalDRE: 01272096 - Riviera Coast Properties
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