3280 Gillette St, Golden Hill, CA 92102
- $850,000
- 3
- BD
- 2
- BA
- 1,313
- SqFt
- List Price
- $850,000
- Days on Market
- 3
- Status
- ACTIVE
- MLS#
- 260018219
- Bedrooms
- 3
- Bathrooms
- 2
- Living Sq. Ft
- 1,313
- Lot Size(apprx.)
- 5,129
- City
- Golden Hill
- Neighborhood
- Grant Hill
- Property Type
- Single Family Residential
- Year Built
- 1955
Property Description
CITY APPROVED PLANS!!! Rare development opportunity in San Diego's 92102 — with a rare financing edge. This 3BR/2BA, 1,313 sqft home sits on a 5,129 sqft lot and carries an assumable FHA loan at just 2.75%, a major advantage in today's rate environment. The real value: city-approved plans to build 4 units totaling 3,839 sqft (10 bedrooms, 8 bathrooms). The slowest, riskiest, most expensive phase of any project — securing city approval — is already behind you, giving builders and investors a clear head start toward execution and after-repair value. Hold or rent the existing home while you plan, or move straight to construction. Ideal for developers, investors, and value-add buyers seeking scale in a supply-constrained market. Buyer to independently verify all plans, permits, and development rights with the City. Assumption subject to lender approval and buyer qualification.
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Additional Information
- Roof
- Flat
- Cooling
- Other
- Laundry
- Other
- Heat Source
- Gravity
- Parking Garage Spaces
- 16
Mortgage Calculator
Listing courtesy of Listing Agent: Keegan Wetzel (708-256-7904) from Listing Office: Real Broker.
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