$865,000 Price Analysis 425 Bancroft StSan Diego, CA 92102 5 bed 3 bath 1,839 SqFt ($470/SqFt) Built 1970 Listed 2024-04-22, Taxes $3,094 | Ⓧ USDA Ineligible due to price & location near South Park |
410 Sqft lot! Fresh paint inside and outside as well with new landscaping done in the front. Needs new kitchen, bathrooms and flooring and you have an astounding home on a tremendous parcel with HUGE MULTIPLE ADU potential. Here is what you can do below. The Zone is RM-1-1, you can easily add a duplex utilizing the ADU regulation off J Str eet.
You also have the ability to add a 4th unit, but it would need to be constructed over the existing home. If you constructed an ADU over the existing house and a detached duplex along J Street this would provide a total of 4 rentable units, however, 1 of the new ADU's within the detached duplex would need to be an Affordable ADU for 15-years. If you left the existing home alone and added an ADU duplex along J Street ll 3 units would be market rate units.
Presented by Chris Warren at
COMPASS.
Property MLS #240008644 from SanDiegoMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2023 | $180,681 + $69,157 $249,838 | $3,094 |
2022 | $177,139 + $67,801 $244,940 | $3,012 |
2021 | $173,666 + $66,472 $240,138 | $2,991 |
2020 | $171,886 + $65,791 $237,677 | $2,955 |
2019 | $168,516 + $64,501 $233,017 | $2,903 |
2018 | $165,212 + $63,237 $228,449 | $2,715 |
2017 | $161,973 + $61,998 $223,971 | $2,651 |
2016 | $158,798 + $60,783 $219,581 | $2,608 |
2015 | $156,413 + $59,870 $216,283 | $2,569 |
2014 | $153,350 + $58,698 $212,048 | $2,530 |
2013 | $152,657 + $58,433 $211,090 | $2,527 |
2012 | $149,664 + $57,288 $206,952 | $2,330 |
2010 | $146,730 + $56,165 $202,895 | $2,248 |
2009 | $145,980 + $55,879 $201,859 | $2,254 |
2009 | $145,634 + $55,746 $201,380 | $2,254 |
2008 | $143,118 + $54,784 $197,902 | $2,176 |
2007 | $140,312 + $53,710 $194,022 | $2,161 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.