5556 Riley Street
5556 Riley Street
$800,000
3
1
1,075
1,075
$744
Closed 3/30/23
Description
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...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.
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...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.
- Listed by Thomas Jansen • DRE #01272096 • Brokerage DRE #00878013 • Riviera Coast Properties
Property Details for 5556 Riley Street
View
None
Parking Spaces Total2
Private PoolNo
Cooling TypeN/K
Total Units1.0
Building TypeDetached
Lot Size SourceAssessor
Lot Size Dimensions46ft x 101ft
Location
LISTING UPDATED: 03/31/2023 10:45 AM
Property Details for 5556 Riley Street
Status | Closed |
---|---|
MLS # | OC23014269 |
Days on Market | 33 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1955 |
Lot Size | 0.11 AC / 4,633 SF |
County | San Diego County |
Location
Building Information for 5556 Riley Street
Stories1Year Built1955Building Size-Lot Size0.11 AC / 4,633 SF
Payment Calculator
$4,673 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5556 Riley Street
Property History for 5556 Riley 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 5556 Riley Street
Taxable ValueLand$214,197Additions$83,455Total$297,652
Tax Record2023$3,680 ($307 / month)
Home Facts
Beds3Total Finished SqFt1,075 SqFtAbove Grade Finished SqFt1,075 SqFtLot Size4,633 SqFtStyleSingle Family ResidenceYear Built1955ZoningR-4:MULTIPLECountySAN DIEGOAPN436-552-11-00
Schools near 5556 Riley Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 6 |
Rating | School | Distance |
---|---|---|
Carson Elementary School PublicK to 5 | ||
Montgomery Middle School Public6 to 8 | ||
Kearny Engineering Innovation & Design Public9 to 12 | ||
Empower Language Academy CharterK to 6 |
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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