2165 Union Street, Downtown, CA 92101

$1,050,000
3
BD
2.0
BA
1,640
SqFt
List Price
$1,050,000
Price Change
▼ $99,000 1504757445
Days on Market
126
Price Range
895000 - 1050000
Status
ACTIVE
MLS#
170037436
Bedrooms
3
Bathrooms
2.0
Living Sq. Ft
1,640
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
6,217
Ownership
Fee Simple
Property Type
Single Family Residential
Year Built
1938

Property Description

Huge Price Reduction! Outstanding opportunity to own a unique Banker's Hill property that spans a 3 way corner covering the expanse of the entire blocks of Union, Ivy & Brant St. A Developer's Dream property that will provide 180 degree sit down water views of the San Diego Bay to Point Loma from a future 2nd floor. Zoned for multi-unit (see supplement). The Home sits on a large 6,217 sf Lot and has been remodeled with Walnut Cabinets, Travertine Stone Floors & exotic Granite.

Additional Information

View
Bay, City
Stories
1 Story
Roof
Composition
Additional Rooms
Other/Remarks
Cooling
Central Forced Air
Heat Equipment
Forced Air Unit
Heat Source
Natural Gas, Solar
Parking Garage Spaces
2
Age Restriction
N/K

Room Dimensions

Dining Room
13x12
Kitchen
22x11
Living Room
15x10
Supplement
This large corner lot is hard to duplicate! A prime location only a few short blocks to India St. and Little Italy. Within seconds you have access to the I-5 Freeway, a 2 to 4 minute drive to Downtown San Diego and very close to the Airport. Enjoy the Coastal Breeze, relax in the beautiful tiered backyard, or enjoy the views of Downtown and the Bay. . . See the attached report from Urban Housing Partners for more details on future Development. They state that the zoning is MR (Mid-City Residential) and up to 6 permitted Units can be built. FAR is .75. Height limit is 50 feet where the new building is above enclosed parking. Seller has been told that up to 9 units can be built if 3 of the 9 units are for affordable Housing. Attorney and Historical Specialist Scott Moomjian is in process of obtaining Historical Clearance which should be available late August. Includes Solar panels and triple pane windows. Property has been reviewed by the city and it is not considered a historical building.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Pacific Sotheby's Int'l Realty