3996 Teak St

San Diego, CA 92113

Great Opportunity to buy an Existing Single Family Home with a Jr.

Sales Price $1,499,000

San Diego Single Family Home

Beds

3

Baths

1

Home Size

1368 Sq. Ft.

Lot Size

6600 Sq. Ft.

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Great Opportunity to buy an Existing Single Family Home with a Jr.

ADU. The Lot has 100 feet of frontage along Mt. Hope Park with 12 Mile Suburban Views to Mt. Soledad during the day and evening. Property is also conveniently located about one mile east of Downtown San Diego. Property is located in a Transit Priority Zone and Opportunity Zone. 40% Renewable Energy Tax Credits with the Addition of Solar and Batteries. There are current plans for an Four Additional Legal Units to be Built on the Property as ADU's and Duplex. Permit expected very shortly. There is potential of up to a total of 10 units that could be built on the property. Buyer to verify with Architectural and Zoning experts. Property is located in a Qualified Opportunity Zone. Which means that Investors who have sold stocks, business and real estate can trade into the property and fund the Construction Tax Free within six months of their Original Purchase and Construction can be completed within 30 months. Seller is a Broker, no Listing Broker. Buyer Broker paid 6.00% of Sale Price. $1,499,000.00 No Tours unless a written offer is presented with Proof of Funds All Cash.

This home located at 3996 Teak St is currently active and has been available on pardeeproperties.com for 24 days. This property is listed at $1,499,000. It has 3 beds and 1 bathrooms. The property was built in 1949. 3996 Teak St is in the San Diego community of San Diego County.
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Quick Facts

  • 24 days on market
  • Built in 1949
  • Total parking spaces 3Car
  • Above Street Level, Public, On street, Offsite
  • Single Family Residence
  • Community | San Diego
  • MLS# | 25529387

Features

  • Air Conditioning, Electric Cooling
  • Central Heat
  • Vinyl Plank Floors
  • Has View
  • Green Belt, Trees/Woods, Park, Pasture, Panoramic, Mountains, City Views
  • Fenced Pool
Connect with an agent
(21)

Aishah Bango

Partner | DRE #02123858

Listed By Steven Prescott · Rising Tide Real Estate Inc.

Monthly payment estimate

$9,662
per month

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