Nesbitt Bungalow Court w/Carriage House; a Developers Dream 1/2 block North of Adams, a unique historic Mills Act ready real estate portfolio add, or first time buyer move in w/supplemental income from 3 rentals w/ 1 as Air BnB (1 unit permitted). Multiple options exist on this lot - value add ADU/parking for an upgrade, Development Upside/Infill Opportunity Zone with SB 10 bonus density (current 5 units to new 10 units or more). Nestled in the super hip Normal Heights corridor between the 805 & 15 fwys, this 5 unit multifamily (individually metered with 4 water & 5 electric) has class and charm. Several 100k remodels completed over the past 18 years by former owners (architects) and current owner (real estate broker). Prestige continues with Mills Act (up to 80% reduction on property taxes), transform the carriage house (ADU w/parking underneath), or do nothing and move in! Recently restored/added: Foundations, Hot tub/Spa, community fire pits, individual unit washer/dryers, new hot water heaters, al fresc
MLS #
SD230023837
MLS Source
San Diego MLS
Buyer's Brokerage Compensation*
2.00%
Cooling
Multi-Zone, Window/Wall Unit
Heating
Fireplace, Gas - Natural, Stove - Wood, Wall Furnace
Roof
Composition, Wood
Pool
Above Ground, Community Facility, Heated - Electricity, Spa - Community Facility, Spa - Private
Garage/Parking
Assigned Spaces, Detached, Tandem Parking, Garage: Car(s)
Water
Other
Complex Amenities
Barbecue Area, Community Security Gate
# Buildings | # Leased Units | # Total Units |
---|---|---|
5 | – | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 468 | 1 | 1/0 | $2,500 |
2 | 468 | 1 | 1/0 | $3,000 |
3 | 468 | 1 | 1/0 | $3,000 |
4 | 618 | 2 | 1/0 | $3,200 |
4754-58 Bancroft Street is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 0.25 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,740,000 and was built in 1926.
This address can also be written as 4754-58 Bancroft Street, San Diego, CA 92116.©2024 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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This listing information is up-to-date as of April 20, 2024. For the most current information, please contact Jason Coleman, (619) 309-9230