2581 Commercial Street
2581 Commercial Street
$815,000
4
1
1,450
1,450
$562
Sold 8/16/22
Description
Opportunity knocks with this Logan Heights home! Situated on a 4500-sf CN-1-4 mixed-use zoned lot, a Buyer has multiple options for adding value. Home features 4 bedrooms, 1 bath, a bonus room, laundry room and detached single car garage. Currently tenant occupied on a month to month basis. Property has been confirmed to have NO historical significance, has received FAA Obstruction Clearance to 100' (more possible), and has two preliminary reviews from the City of San Diego confirming extent of mixed...Opportunity knocks with this Logan Heights home! Situated on a 4500-sf CN-1-4 mixed-use zoned lot, a Buyer has multiple options for adding value. Home features 4 bedrooms, 1 bath, a bonus room, laundry room and detached single car garage. Currently tenant occupied on a month to month basis. Property has been confirmed to have NO historical significance, has received FAA Obstruction Clearance to 100' (more possible), and has two preliminary reviews from the City of San Diego confirming extent of mixed use development opportunities which may be achieved with over-the-counter, by-right permits (i.e., no discretionary hearings or approvals. 3 options: 1) develop 10 micro units plus 7200-sf of commercial which could be used as visitor accommodation units (airbnb) or other commercial (professional office and retail) uses; 2) construct up to 29,250-sf of residential units, plus 4,500-sf of commercial, to be used as commercial space (no visitor accommodations); or 3) retain current home and convert current detached garage to ADU plus add additional ADUs to lot for added rental income. If building up, views of the Coronado Bridge AND downtown San Diego are possible. Sits right on a trolley stop, so no parking required under many development scenarios. In short, multiple options for every Buyer category!
- Listed by Daniel J Fefferman • DRE #02026109 • Define Real Estate
Property Details for 2581 Commercial Street
Area
Logan Heights (92113)
NeighborhoodLogan Heights
CommunityLOGAN HEIGHTS
City Postal IDLOGAN HEIGHTS (92113)
Cross Street(s)Dewey St
Location
LISTING UPDATED: 08/18/2022 07:40 AM
Property Details for 2581 Commercial Street
Status | Sold |
---|---|
MLS # | 220008395 |
Days on Market | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1919 |
Lot Size | 0.10 AC / 4,356 SF |
County | San Diego County |
Location
Virtual Tour
Building Information for 2581 Commercial Street
Stories1Year Built1919Building Size-Lot Size0.10 AC / 4,356 SF
Payment Calculator
$5,335 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2581 Commercial Street
Property History for 2581 Commercial Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2581 Commercial Street
Taxable ValueLand$500,000Additions$315,000Total$815,000
Tax Record2023$10,648 ($887 / month)
Home Facts
Beds4Total Finished SqFt1,450 SqFtAbove Grade Finished SqFt1,450 SqFtLot Size4,500 SqFtStyleSingle Family ResidenceYear Built2019ZoningCOMMERCIALCountySAN DIEGOAPN535-670-26-00
Schools near 2581 Commercial Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Burbank Elementary School PublicK to 5 | ||
Logan K-8 PublicK to 8 | ||
e3 Civic High School Charter9 to 12 | ||
King-Chavez Academy Of Excellence CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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